Solar Energy Takes the Lead: November 2024 Marks a Record-Breaking Month on IEX!

India’s renewable energy journey reached a new high in November 2024, with the Indian Energy Exchange (IEX) trading an impressive 818 million units (MU) of green energy—a staggering 331% YoY growth compared to last year!

As a solar module manufacturer, we take immense pride in being part of this transformative shift, supplying the backbone of this revolution: high-efficiency solar modules that power the future.

?? Key Highlights from November 2024:

?? Green Day-Ahead Market (G-DAM):

• Traded 793 MU, growing 335.2% YoY
• Average price: ?3.19/unit (~$0.038)

?? Green Term-Ahead Market (G-TAM):

• Traded 25 MU with competitive prices:Solar: ?3.50/kWh (~$0.041)Hydro: ?3.68/kWh (~$0.043)

?? Renewable Energy Certificates (RECs):

• Traded 54.6 million RECs in two sessions.

?? What’s Driving This Growth?

• Increasing adoption of solar energy for its affordability, reliability, and sustainability.
• Competitive trading platforms like IEX, making green energy more accessible to industries and businesses.
• Solar module technology innovations, delivering higher efficiency and reliability at lower costs.

Our Role in This Revolution:

As a trusted solar module manufacturer, we are committed to:

?? Delivering cutting-edge, high-performance solar modules to support India’s renewable energy goals.

?? Empowering industries and communities to adopt clean energy solutions.

?? Innovating to make solar energy the preferred choice for a sustainable future.

Together, Let’s Shape a Greener Tomorrow!

With such incredible momentum, it’s clear: solar energy is the foundation of India’s renewable energy future. We’re proud to contribute to this growth and invite businesses, partners, and stakeholders to join hands in accelerating the clean energy transition.

?? How do you see solar energy transforming India’s green future? Let us know in the comments below!

#SolarEnergy #GreenEnergy #Sustainability #RenewableEnergy #IEX #CleanEnergy #PoweringChange