Trending News: Americans Hit Road for July 4 Despite High Gasoline PricesOil Set for Fourth Straight Weekly Loss as Hormuz Flows ReturnIndia Denies Directly Exporting Fuel to Russia, But Admits Traders May BeCiti: Oil Could Sink to $60 as Hormuz Traffic NormalizesSoaring Imports Push India’s Crude Stocks to Near 1-Year HighJapan’s Top Oil Refiner Eyes a Post-Hormuz FutureFormfactor wins $24.2m grant for US semiconductor facilityWhich Country is the Biggest Oil Consumer?Dutch cabinet commits €450m to underground hydrogen storage projectPodcast | Supply, storage, sanctions, scenarios, and the Strait of Hormuz: helium’s outlookXRG increases Rio Grande LNG stake, strengthens US-UAE energy tiesIndia advances $13.2bn semiconductor drive with new chip research hubIndia advances $13.2bn semiconductor drive with new chip research hubUS Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With TrumpOil Prices Stable as US-Iran Peace Efforts HoldTrump Biofuel Goals Hit Reality as US Plants Lagib vogt And Airtrunk Launch Malaysia’s First 29.99 MW Solar VPPA For Data Center Under CGPPIran Tightens Grip on Strait of Hormuz Tanker TrafficCarney Backs B.C. Tanker Ban as Alberta Unveils Pipeline PlanIndia Coal Power Generation Jumps 14% in JuneAlberta and Ottawa Greenlight New Pacific PipelineJapan’s LNG Imports Fall 7% as Utilities Chase Cheaper CoalPJM on Maximum Alert to Prevent Outages Amid Extreme Heat WaveEU Approves €2.5 Billion Modernisation Fund To Accelerate Clean Energy Projects Across 11 Member StatesInfineon opens €5bn fab in eastern Germany, doubles capacityIndian Stock Market Ends Higher As Green Energy Stocks Witness Broad-Based Decline (03 July 2026)Serentica Renewables Commissions 3 GW Renewable Energy Capacity Across IndiaMesser advances Brazil digitisation drive with NEC partnershipJordan Unveils Major Energy Reforms To Boost Renewables And Achieve Energy IndependenceMitsubishi Gas Chemical to buy 100,000 tonnes per year of Acme green methanolTata Motors, Welspun Renewable Energy Partner to Develop 86 MW Wind-Solar Hybrid ProjectAfrica’s Largest 13 MW Floating Solar Plant Begins Operations In Morocco, Boosting Clean Energy And Water Conservation150 MW/300 MWh Grid-Forming Energy Storage Project Successfully Completes Black Start Validation Test with Sineng Electric Energy Storage SolutionSterling and Wilson Renewable Energy Allots 9,671 Equity Shares Under ESOP Plan IMauritius Clean Energy Week 2026 Gains Unprecedented Momentum with New Speakers, Strategic Partners, and Just 5 Days to Go  AfriForum Challenges Legality Of Emfuleni Municipality’s Proposed Rooftop Solar FeesHöegh Evi validates ammonia cracking tech for floating hydrogen terminalsAlight Commissions 1.9 MW Rooftop Solar Project for ITP Aero’s UK Manufacturing FacilityOil Remains in a Divided MarketKERC Schedules Public Hearing On Solar Tariffs And Regulatory Framework For 2026–2029 In KarnatakaIRENA Report: Over 90% of New Renewable Power Added in 2025 Was Cheaper Than Fossil Fuels, Saving USD 480 Billion in Fuel CostsColumn | Three reasons a Burnham government could get UK hydrogen moving againGERC Reserves Order On GIFTPCL Petition For HT Billing And LT Metering In GIFT City High-RisesKPI Green Energy Approves 75,000 ESOPs for Employee Under ESOP 2023EWE breaks ground on 24km hydrogen pipeline from 320MW electrolyserCoal India Secures LOA for 600 MW Solar Power Project at Jalaun Solar Park in Uttar PradeshAPTEL Allows Delayed Appeal In 300 MW Solar Project Dispute With Cost PenaltyJinko Solar’s Kazhimukhan Amangaliev on Driving Greater Value with Tiger Neo 3.0Trump Administration Advances New California Oil Lease PlansRenfra Energy India Files INR430 Crore IPO Papers With SEBI To Expand Renewable Energy BusinessAdani Green Commissions 150 MW Solar, 156 MW Wind, and 185 MWh BESS Projects At Khavda In GujaratCERC Orders Return Of INR214 Crore Bank Guarantee To APDCL After Assam 750 MW Solar Project SuspensionACWA Power Signs Landmark Agreements for 230 MW N’diago CCGT Power Plant, Advancing Mauritania’s Power Sector ReformCERC Grants Extension For 300 MW Solar Project Land Compliance In GujaratMali Approves $190 Million Bamako Power Grid Project Backed By ADB And Global LendersVerdant Secures Vietnam’s First Certified Green C&I Solar Bond FinancingIndia’s Renewable Energy Generation Surges 29.92% In May 2026, As Solar Power Crosses A Record 21.5 BURWE Commissions First Commercial-Scale Agri-PV Plants in Italy with 19.1 MW CapacityAMERICAN ENERGY SNAPSHOT: Why Offshore Matters for America’s Next 250 YearsUS Energy Firms Add Rigs for Third Week in a Row, Says Baker HughesLos Angeles-Area Gas Appliance Ban Upheld by US Appeals CourtHeat Dome Poses Woes for Largest US Power Grid Beyond Data Center BoomIAEA highlights Uzbekistan’s nuclear infrastructure progressNuclear can play its part in decarbonising shipping, says IMO chiefInternational safety review of Finnish SMR design completedTRISO fuel delivered for Kaleidos reactor experimentNigeria’s NNPC Revenue Drops in May Despite Higher Oil OutputKyrgyzstan Scrambles for Backup Fuel Supplies as Russian Shortage BitesKuwait Wants Consortiums to Bid for $7 Billion Oil Pipeline DealChinese Teapots Snap Up Middle East Crude As Prices SlideAI Boom Drives Record Surge in Battery DemandSaudi Arabia Rushes Crude Exports Through Reopened Strait of HormuzJapanese Banks Commit $496 Million to India’s Power Grid ExpansionIndia Fast-Tracks State Company Stake Sales to Cover Oil Shock CostsQatarEnergy extends force majeure with EdisonYara to acquire $1.3bn grey ammonia facility in Texas CityYara to acquire $1.3bn grey ammonia facility in Texas CityTGE Marine retrofit targets boil-off gas efficiency on LNG bunkering vesselOil Falls for a Third Straight Day After US, Iran Conclude Talks in DohaUS LNG Exports to Europe Decline as Asia Prices SurgeWhich Countries Produce and Consume the Most Natural Gas?Philippines Marks 20 Years Of WESM, Strengthening Competitive And Reliable Electricity MarketGreen Energy Stocks Show Mixed Trend As Indian Markets End Higher On July 2High-purity CO2 shortage raises alarm for South Korean chipmakers‘Below €14.40, that’s a deal’: Lhyfe on Germany’s refinery green hydrogen opportunityNHPC Awards 1.2 GW Jalaun Solar Park Project At ₹2.73/kWh To Coal India And NLC India RenewablesSolarpedia: Battery Intelligence Series — Part 1: Understanding State of Charge (SoC)Corfo redirects green hydrogen support towards Chilean demand and jobsValue chain coordination key to EU CCS deliveryOman Signs Three Major Agreements With EDF Power Solutions To Advance Renewable Energy, Storage And Digital InfrastructureSaudi Arabia Prequalifies 27 Developers for 3 GW/12 GWh Battery Energy Storage ProgrammeDucab Appoints Matteo Bavaresco as Group CEO to Drive Global ExpansionSaudi Aramco Slashes July LPG Prices as Global Supply SwellsUkraine’s Drone Campaign Forces Russia to Buy Gasoline From IndiaKKR Makes Largest Ever Clean Energy Investment With $4.2B EDF PurchaseIran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at SeaEU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data CentersINTEC Energy Solutions Wins EPC Contract for 171 MWp Glorit Solar Farm in New ZealandChinese Companies Capture 76% of Global BESS Integrator Market in 2025, Wood Mackenzie ReportsAtlas Copco acquires Portuguese compressor distributor
Fri. Jul 3rd, 2026
Trending News: Americans Hit Road for July 4 Despite High Gasoline PricesOil Set for Fourth Straight Weekly Loss as Hormuz Flows ReturnIndia Denies Directly Exporting Fuel to Russia, But Admits Traders May BeCiti: Oil Could Sink to $60 as Hormuz Traffic NormalizesSoaring Imports Push India’s Crude Stocks to Near 1-Year HighJapan’s Top Oil Refiner Eyes a Post-Hormuz FutureFormfactor wins $24.2m grant for US semiconductor facilityWhich Country is the Biggest Oil Consumer?Dutch cabinet commits €450m to underground hydrogen storage projectPodcast | Supply, storage, sanctions, scenarios, and the Strait of Hormuz: helium’s outlookXRG increases Rio Grande LNG stake, strengthens US-UAE energy tiesIndia advances $13.2bn semiconductor drive with new chip research hubIndia advances $13.2bn semiconductor drive with new chip research hubUS Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With TrumpOil Prices Stable as US-Iran Peace Efforts HoldTrump Biofuel Goals Hit Reality as US Plants Lagib vogt And Airtrunk Launch Malaysia’s First 29.99 MW Solar VPPA For Data Center Under CGPPIran Tightens Grip on Strait of Hormuz Tanker TrafficCarney Backs B.C. Tanker Ban as Alberta Unveils Pipeline PlanIndia Coal Power Generation Jumps 14% in JuneAlberta and Ottawa Greenlight New Pacific PipelineJapan’s LNG Imports Fall 7% as Utilities Chase Cheaper CoalPJM on Maximum Alert to Prevent Outages Amid Extreme Heat WaveEU Approves €2.5 Billion Modernisation Fund To Accelerate Clean Energy Projects Across 11 Member StatesInfineon opens €5bn fab in eastern Germany, doubles capacityIndian Stock Market Ends Higher As Green Energy Stocks Witness Broad-Based Decline (03 July 2026)Serentica Renewables Commissions 3 GW Renewable Energy Capacity Across IndiaMesser advances Brazil digitisation drive with NEC partnershipJordan Unveils Major Energy Reforms To Boost Renewables And Achieve Energy IndependenceMitsubishi Gas Chemical to buy 100,000 tonnes per year of Acme green methanolTata Motors, Welspun Renewable Energy Partner to Develop 86 MW Wind-Solar Hybrid ProjectAfrica’s Largest 13 MW Floating Solar Plant Begins Operations In Morocco, Boosting Clean Energy And Water Conservation150 MW/300 MWh Grid-Forming Energy Storage Project Successfully Completes Black Start Validation Test with Sineng Electric Energy Storage SolutionSterling and Wilson Renewable Energy Allots 9,671 Equity Shares Under ESOP Plan IMauritius Clean Energy Week 2026 Gains Unprecedented Momentum with New Speakers, Strategic Partners, and Just 5 Days to Go  AfriForum Challenges Legality Of Emfuleni Municipality’s Proposed Rooftop Solar FeesHöegh Evi validates ammonia cracking tech for floating hydrogen terminalsAlight Commissions 1.9 MW Rooftop Solar Project for ITP Aero’s UK Manufacturing FacilityOil Remains in a Divided MarketKERC Schedules Public Hearing On Solar Tariffs And Regulatory Framework For 2026–2029 In KarnatakaIRENA Report: Over 90% of New Renewable Power Added in 2025 Was Cheaper Than Fossil Fuels, Saving USD 480 Billion in Fuel CostsColumn | Three reasons a Burnham government could get UK hydrogen moving againGERC Reserves Order On GIFTPCL Petition For HT Billing And LT Metering In GIFT City High-RisesKPI Green Energy Approves 75,000 ESOPs for Employee Under ESOP 2023EWE breaks ground on 24km hydrogen pipeline from 320MW electrolyserCoal India Secures LOA for 600 MW Solar Power Project at Jalaun Solar Park in Uttar PradeshAPTEL Allows Delayed Appeal In 300 MW Solar Project Dispute With Cost PenaltyJinko Solar’s Kazhimukhan Amangaliev on Driving Greater Value with Tiger Neo 3.0Trump Administration Advances New California Oil Lease PlansRenfra Energy India Files INR430 Crore IPO Papers With SEBI To Expand Renewable Energy BusinessAdani Green Commissions 150 MW Solar, 156 MW Wind, and 185 MWh BESS Projects At Khavda In GujaratCERC Orders Return Of INR214 Crore Bank Guarantee To APDCL After Assam 750 MW Solar Project SuspensionACWA Power Signs Landmark Agreements for 230 MW N’diago CCGT Power Plant, Advancing Mauritania’s Power Sector ReformCERC Grants Extension For 300 MW Solar Project Land Compliance In GujaratMali Approves $190 Million Bamako Power Grid Project Backed By ADB And Global LendersVerdant Secures Vietnam’s First Certified Green C&I Solar Bond FinancingIndia’s Renewable Energy Generation Surges 29.92% In May 2026, As Solar Power Crosses A Record 21.5 BURWE Commissions First Commercial-Scale Agri-PV Plants in Italy with 19.1 MW CapacityAMERICAN ENERGY SNAPSHOT: Why Offshore Matters for America’s Next 250 YearsUS Energy Firms Add Rigs for Third Week in a Row, Says Baker HughesLos Angeles-Area Gas Appliance Ban Upheld by US Appeals CourtHeat Dome Poses Woes for Largest US Power Grid Beyond Data Center BoomIAEA highlights Uzbekistan’s nuclear infrastructure progressNuclear can play its part in decarbonising shipping, says IMO chiefInternational safety review of Finnish SMR design completedTRISO fuel delivered for Kaleidos reactor experimentNigeria’s NNPC Revenue Drops in May Despite Higher Oil OutputKyrgyzstan Scrambles for Backup Fuel Supplies as Russian Shortage BitesKuwait Wants Consortiums to Bid for $7 Billion Oil Pipeline DealChinese Teapots Snap Up Middle East Crude As Prices SlideAI Boom Drives Record Surge in Battery DemandSaudi Arabia Rushes Crude Exports Through Reopened Strait of HormuzJapanese Banks Commit $496 Million to India’s Power Grid ExpansionIndia Fast-Tracks State Company Stake Sales to Cover Oil Shock CostsQatarEnergy extends force majeure with EdisonYara to acquire $1.3bn grey ammonia facility in Texas CityYara to acquire $1.3bn grey ammonia facility in Texas CityTGE Marine retrofit targets boil-off gas efficiency on LNG bunkering vesselOil Falls for a Third Straight Day After US, Iran Conclude Talks in DohaUS LNG Exports to Europe Decline as Asia Prices SurgeWhich Countries Produce and Consume the Most Natural Gas?Philippines Marks 20 Years Of WESM, Strengthening Competitive And Reliable Electricity MarketGreen Energy Stocks Show Mixed Trend As Indian Markets End Higher On July 2High-purity CO2 shortage raises alarm for South Korean chipmakers‘Below €14.40, that’s a deal’: Lhyfe on Germany’s refinery green hydrogen opportunityNHPC Awards 1.2 GW Jalaun Solar Park Project At ₹2.73/kWh To Coal India And NLC India RenewablesSolarpedia: Battery Intelligence Series — Part 1: Understanding State of Charge (SoC)Corfo redirects green hydrogen support towards Chilean demand and jobsValue chain coordination key to EU CCS deliveryOman Signs Three Major Agreements With EDF Power Solutions To Advance Renewable Energy, Storage And Digital InfrastructureSaudi Arabia Prequalifies 27 Developers for 3 GW/12 GWh Battery Energy Storage ProgrammeDucab Appoints Matteo Bavaresco as Group CEO to Drive Global ExpansionSaudi Aramco Slashes July LPG Prices as Global Supply SwellsUkraine’s Drone Campaign Forces Russia to Buy Gasoline From IndiaKKR Makes Largest Ever Clean Energy Investment With $4.2B EDF PurchaseIran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at SeaEU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data CentersINTEC Energy Solutions Wins EPC Contract for 171 MWp Glorit Solar Farm in New ZealandChinese Companies Capture 76% of Global BESS Integrator Market in 2025, Wood Mackenzie ReportsAtlas Copco acquires Portuguese compressor distributor
Fri. Jul 3rd, 2026

PXIL Conducts Successful 2nd REC Trading Session for June 2025

Representational image. Credit: Canva

Power Exchange India Limited (PXIL) successfully conducted the second Renewable Energy Certificate (REC) trading session for June 2025, in line with CERC’s directives under Order of Petition 379-MP-2024. This marked the 6th session for FY 2025–26 and the 51st overall auction under the CERC REC Regulations, 2022, which have been in effect since December 5, 2022.

A total of 15.65 lakh RECs were transacted during this session. Ahead of the auction, over 417.17 lakh RECs were available for trade in the market.

The trading was conducted under the guidance of the Delhi High Court’s Daily Order dated 11.05.2023, which lifted earlier restrictions on the sale of RECs issued before October 31, 2022. As a result, all RECs held by selling entities were eligible for trade in this session.

The auction included:

  • Non-Solar RECs issued before April 1, 2017, traded at a floor price of ₹1,500/MWh, as per CERC’s Order in Petition No. 2/SM/2017 dated March 30, 2017.
  • RECs from various renewable technologies, including Solar, Wind, Hydro, Small Hydro, Biomass, and others.

 

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