Trending News: SM Energy to Sell Some Texas Assets for $950 MillionMapped: What Powers Each U.S. State and Canadian Province? – Visual CapitalistGolden Pass Moves Closer to Producing First LNGMicrosoft to Keep Buying Enough Renewable Energy to Match All its Electricity NeedsCOMMENTARY: Booming LNG Exports May Get Dragged into US Cost-of-Living DebateU.S. Threatens to Quit IEA Over Green Energy AdvocacyBig Tech Turns to Uranium as Data Center Power Demand SoarsIran Leans on Russia to Develop OilfieldsBLM failed to collect nearly $1m in helium royalty fees, finds watchdogChris Wright Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine TalksChina Isn’t Importing Any US LNG, But It’s Still in the Game: BoussoTexas Based E&P Firm to Deploy Up To $1B in 2026Eni Considers Return to Oil Trading as Rivals Reap BillionsIEA Chief Warns Fracturing Global Order Is Splintering Energy PolicyAsia’s Crude Oil Imports Set for Record High in FebruaryLNG and gas investments to underpin US–Japan trade dealTop Stories Of The Day: SECI Floats 10 MW Solar + BESS in Odisha; AI-Driven Renewables Must Cut Power Bills Says MNRE and More…Philippines Launches MTerra Solar, the World’s Largest Integrated Solar and Battery Storage ProjectGuyana Fast-Tracks Gas Expansion as Oil Cash Piles UpOil Prices Rebound as as Traders Reassess Iran DealSantos to Axe 10 Pct of Workers after Decline in Annual ProfitLaos Signs Deal For 100 MW Solar Project To Boost Energy Exports And Domestic Grid StabilityFrance’s Elengy appoints new CEO to drive LNG and CCUSCambodia Launches 60 MW Solar Project To Boost Clean Energy And Grid CapacityNORD/LB Provides €32.5 Million Financing For 32 Solar Farms By Sun Investment Group Across Poland, Supporting 59 GWh Of Annual Clean Power From 2026–2027Podcast | Industrial gases in 2026Video | Virginia Esly: Electronic specialty gasesUK report makes case for fossil fuels as energy choices laid bareUK report makes case for fossil fuels as energy choices laid bareAFC Energy receives hydrogen permit for UK pilot ammonia cracking plantOvintiv to Sell its Anadarko Assets for $3 BillionDrone Strikes Force Russia to Reroute Massive Crude Oil ExportsFrance Fines Russia-Linked Oil Tanker Millions in Sanctions CrackdownEQT Corp Beats Quarterly Profit Estimates on Higher Natgas PricesExpand Energy Beats Fourth-Quarter Profit Estimates, Plans $1 Bln Debt Cut in 2026Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 BillionU.S. Energy Chief Warns U.S. Could Quit IEA if Agency Keeps Focus on ClimateSlovenia moves ahead with new nuclear planningTVONS to provide advice for Estonian SMR projectCzech-Korean ministerial committee established for Dukovany projectDangote Refineries Seals $400 Million Deal to Triple CapacityCiti Says Geopolitics to Support Oil Near Term – Peace Deals Seen Lowering PricesOil Prices Slide 2% to Two-Week Low on Talk of Progress in US-Iran TalksCanada Embraces Asia to Save Auto Heartland Squeezed by U.S. TariffsSpain Leans on Gas to Stabilize Grid After Historic BlackoutKazakhstan Looks to Start Up New Refinery by 2033Andrew Mountbatten-Windsor’s $8 Billion Oil Deal Discussed in Epstein FilesBerkshire Hathaway’s PacifiCorp Sells Washington Assets for $1.9 BillionTaurus Canada RNG gets $10m for Alberta RNG plantThe pros and cons of the Japan–Malaysia CCS shipping proposal$3.3bn blue and green methanol project in Mexico cleared for constructionHexagon Agility delivers 6,000th cylinder for nordic biomethane milestoneAustralian Energy Major Wins Greenwashing Court CaseCiti Sees Oil Prices Falling to $60 if Trump Secures Iran and Russia DealsThe EU Must Spend More to Counter Climate ChangeAnalyst Says Bearish Gas Risks GrowingIndian duo target 60MW of green hydrogen projectsEIA Still Sees USA Oil Output Falling Next YearGermany’s Mukran LNG Terminal Reopens After Frozen Baltic Is ClearediForte And SPINDO To Develop 6.3 MWp Hybrid Solar Power Plant In JavaPhilippines Boosts Energy Security With Mterra Solar Amid Slowing Economic GrowthUK and California deepen clean energy tiesUK and California deepen clean energy tiesLombard Shipping Installs SolarEdge Rooftop Solar and Battery System to Slash Electricity Costs at Ipswich HubSolaren Launches ASK SOLAREN Platform For Solar And Energy IntelligenceConcerns raised after fuel suppliers miss SAF paperwork deadlineAl-Gihaz Holding To Develop 210 MW Solar And 827 MWh BESS Project In SyriaVideo | Virginia Esly: Industry growthRenesas boosts US chip production with expanded GF dealDangote Drives Nigeria’s Domestic Fuel Supply Above 57% as Imports RetreatHungary Seeks Croatian Help As Russian Oil Flows Via Ukraine HaltedConstruction of Steady Energy pilot plant beginsCameco, Kazatomprom release 2025 production figuresUSA touts SMR designs to the PhilippinesAP1000 training centre opened in Madrid ahead of European fleetTripartite agreement to advance nuclear energy in AfricaChevron-Led Joint Venture Signs Major Gas Exploration Deal Offshore GreeceEni Makes Major Gas Discovery Offshore Ivory CoastJapan’s Yanmar to test hydrogen marine enginesSuffocating U.S. & Western Pressure May Finally Force Russian Oil Output Cuts: BoussoSaudi Oil Exports to China Set to Soar as the Kingdom Slashes PricesEuropean Gas Prices Slide as Mild Weather Tempers Supply FearsNew Discovery Bolsters Equinor’s North Sea Production FutureChina Secures Record Russian Oil Imports as India Reduces PurchasesEBW Warned of Faltering Gas Demand Heading into Holiday WeekendWartsila Building Energy Storage in Support of Belgian GridITM Power wins ‘industrial scale’ contractU.S. Forces Board Another Tanker in Expanding Venezuela Oil CrackdownIran Floats Joint Oil Investment With the U.S. Ahead of Nuclear TalksVicat secures EU backing for France’s largest cement carbon capture projectTop Stories Of The Day: MNRE Expands ALMM List-II; GRIDCO Revises Power Procurement Norms and More…Punjab Launches 250 MW/500 MWh Battery Energy Storage Tender With PSDF SupportColorado provides $5.2m grants for tech providers to cut industrial emissionsReNew Energy Global Plc Reports Strong Q3 FY26 Results; 9M Profit Jumps 6.6x YoYADB And GRE Secure $350 Million To Develop Thailand’s Solar-Plus-BESS ProjectsGeorgia CCS pilot confirms rapid mineral storage pathwayTC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas DemandLithuania Could Break EU Ranks Over Critical Minerals DealU.S. Natural Gas Prices Continue to Slide as Warmer Weather Looms
Wed. Feb 18th, 2026
Trending News: SM Energy to Sell Some Texas Assets for $950 MillionMapped: What Powers Each U.S. State and Canadian Province? – Visual CapitalistGolden Pass Moves Closer to Producing First LNGMicrosoft to Keep Buying Enough Renewable Energy to Match All its Electricity NeedsCOMMENTARY: Booming LNG Exports May Get Dragged into US Cost-of-Living DebateU.S. Threatens to Quit IEA Over Green Energy AdvocacyBig Tech Turns to Uranium as Data Center Power Demand SoarsIran Leans on Russia to Develop OilfieldsBLM failed to collect nearly $1m in helium royalty fees, finds watchdogChris Wright Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine TalksChina Isn’t Importing Any US LNG, But It’s Still in the Game: BoussoTexas Based E&P Firm to Deploy Up To $1B in 2026Eni Considers Return to Oil Trading as Rivals Reap BillionsIEA Chief Warns Fracturing Global Order Is Splintering Energy PolicyAsia’s Crude Oil Imports Set for Record High in FebruaryLNG and gas investments to underpin US–Japan trade dealTop Stories Of The Day: SECI Floats 10 MW Solar + BESS in Odisha; AI-Driven Renewables Must Cut Power Bills Says MNRE and More…Philippines Launches MTerra Solar, the World’s Largest Integrated Solar and Battery Storage ProjectGuyana Fast-Tracks Gas Expansion as Oil Cash Piles UpOil Prices Rebound as as Traders Reassess Iran DealSantos to Axe 10 Pct of Workers after Decline in Annual ProfitLaos Signs Deal For 100 MW Solar Project To Boost Energy Exports And Domestic Grid StabilityFrance’s Elengy appoints new CEO to drive LNG and CCUSCambodia Launches 60 MW Solar Project To Boost Clean Energy And Grid CapacityNORD/LB Provides €32.5 Million Financing For 32 Solar Farms By Sun Investment Group Across Poland, Supporting 59 GWh Of Annual Clean Power From 2026–2027Podcast | Industrial gases in 2026Video | Virginia Esly: Electronic specialty gasesUK report makes case for fossil fuels as energy choices laid bareUK report makes case for fossil fuels as energy choices laid bareAFC Energy receives hydrogen permit for UK pilot ammonia cracking plantOvintiv to Sell its Anadarko Assets for $3 BillionDrone Strikes Force Russia to Reroute Massive Crude Oil ExportsFrance Fines Russia-Linked Oil Tanker Millions in Sanctions CrackdownEQT Corp Beats Quarterly Profit Estimates on Higher Natgas PricesExpand Energy Beats Fourth-Quarter Profit Estimates, Plans $1 Bln Debt Cut in 2026Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 BillionU.S. Energy Chief Warns U.S. Could Quit IEA if Agency Keeps Focus on ClimateSlovenia moves ahead with new nuclear planningTVONS to provide advice for Estonian SMR projectCzech-Korean ministerial committee established for Dukovany projectDangote Refineries Seals $400 Million Deal to Triple CapacityCiti Says Geopolitics to Support Oil Near Term – Peace Deals Seen Lowering PricesOil Prices Slide 2% to Two-Week Low on Talk of Progress in US-Iran TalksCanada Embraces Asia to Save Auto Heartland Squeezed by U.S. TariffsSpain Leans on Gas to Stabilize Grid After Historic BlackoutKazakhstan Looks to Start Up New Refinery by 2033Andrew Mountbatten-Windsor’s $8 Billion Oil Deal Discussed in Epstein FilesBerkshire Hathaway’s PacifiCorp Sells Washington Assets for $1.9 BillionTaurus Canada RNG gets $10m for Alberta RNG plantThe pros and cons of the Japan–Malaysia CCS shipping proposal$3.3bn blue and green methanol project in Mexico cleared for constructionHexagon Agility delivers 6,000th cylinder for nordic biomethane milestoneAustralian Energy Major Wins Greenwashing Court CaseCiti Sees Oil Prices Falling to $60 if Trump Secures Iran and Russia DealsThe EU Must Spend More to Counter Climate ChangeAnalyst Says Bearish Gas Risks GrowingIndian duo target 60MW of green hydrogen projectsEIA Still Sees USA Oil Output Falling Next YearGermany’s Mukran LNG Terminal Reopens After Frozen Baltic Is ClearediForte And SPINDO To Develop 6.3 MWp Hybrid Solar Power Plant In JavaPhilippines Boosts Energy Security With Mterra Solar Amid Slowing Economic GrowthUK and California deepen clean energy tiesUK and California deepen clean energy tiesLombard Shipping Installs SolarEdge Rooftop Solar and Battery System to Slash Electricity Costs at Ipswich HubSolaren Launches ASK SOLAREN Platform For Solar And Energy IntelligenceConcerns raised after fuel suppliers miss SAF paperwork deadlineAl-Gihaz Holding To Develop 210 MW Solar And 827 MWh BESS Project In SyriaVideo | Virginia Esly: Industry growthRenesas boosts US chip production with expanded GF dealDangote Drives Nigeria’s Domestic Fuel Supply Above 57% as Imports RetreatHungary Seeks Croatian Help As Russian Oil Flows Via Ukraine HaltedConstruction of Steady Energy pilot plant beginsCameco, Kazatomprom release 2025 production figuresUSA touts SMR designs to the PhilippinesAP1000 training centre opened in Madrid ahead of European fleetTripartite agreement to advance nuclear energy in AfricaChevron-Led Joint Venture Signs Major Gas Exploration Deal Offshore GreeceEni Makes Major Gas Discovery Offshore Ivory CoastJapan’s Yanmar to test hydrogen marine enginesSuffocating U.S. & Western Pressure May Finally Force Russian Oil Output Cuts: BoussoSaudi Oil Exports to China Set to Soar as the Kingdom Slashes PricesEuropean Gas Prices Slide as Mild Weather Tempers Supply FearsNew Discovery Bolsters Equinor’s North Sea Production FutureChina Secures Record Russian Oil Imports as India Reduces PurchasesEBW Warned of Faltering Gas Demand Heading into Holiday WeekendWartsila Building Energy Storage in Support of Belgian GridITM Power wins ‘industrial scale’ contractU.S. Forces Board Another Tanker in Expanding Venezuela Oil CrackdownIran Floats Joint Oil Investment With the U.S. Ahead of Nuclear TalksVicat secures EU backing for France’s largest cement carbon capture projectTop Stories Of The Day: MNRE Expands ALMM List-II; GRIDCO Revises Power Procurement Norms and More…Punjab Launches 250 MW/500 MWh Battery Energy Storage Tender With PSDF SupportColorado provides $5.2m grants for tech providers to cut industrial emissionsReNew Energy Global Plc Reports Strong Q3 FY26 Results; 9M Profit Jumps 6.6x YoYADB And GRE Secure $350 Million To Develop Thailand’s Solar-Plus-BESS ProjectsGeorgia CCS pilot confirms rapid mineral storage pathwayTC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas DemandLithuania Could Break EU Ranks Over Critical Minerals DealU.S. Natural Gas Prices Continue to Slide as Warmer Weather Looms
Wed. Feb 18th, 2026

PXIL Holds REC Trading Session for May 2025, 3.15 Lakh Certificates Traded

Power Exchange India Limited (PXIL) successfully held its first Renewable Energy Certificate (REC) trading session for May 2025, following directions from the Central Electricity Regulatory Commission (CERC) under Order 379-MP-2024. This was the third trading session for the financial year 2025–26 and the 48th overall since the new REC rules came into effect on December 5, 2022.

During this session, 3.15 lakh RECs were traded. Before the auction, over 418.86 lakh RECs were available in the market. The trading was carried out in line with a Delhi High Court order dated May 11, 2023, which removed earlier restrictions on selling RECs issued before October 31, 2022. This allowed all available RECs to be eligible for trade.

The session included two types of trades:

  • Non-solar RECs issued before April 1, 2017, sold at a floor price of Rs. 1,500 per MWh, as per a 2017 CERC order.
  • RECs from different renewable sources such as solar, wind, hydro, small hydro, biomass, and others.

The session highlights PXIL’s ongoing role in supporting clean energy trading and making the REC market more accessible.

 

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