Indian Energy Exchange (IEX) Q1 2026 Earnings Call July 25, 2025 05:00 AM ET Company ParticipantsRohan Gheewala - Senior ManagerRohit Bajaj - Joint MDSumit Kishore - Executive DirectorKunal Thanvi - Assistant Fund Manager & Head - ResearchDevesh Agarwal - Vice PresidentLokesh Manik - Research AssociateMohit Kumar - Vice PresidentSubhadip Mitra - Executive DirectorConference Call ParticipantsBharanidhar Vijayakumar - Lead Equities AnalystNone - AnalystPrateek Jain - Investment AnalystRushabh Shah - AnalystKe ...

Indian Energy Exchange (IEX) Q1 2026 Earnings Call July 25, 2025 05:00 AM ET Speaker0Ladies and gentlemen, good day, and welcome to Indian Energy Exchange Q1 FY twenty six earnings conference call hosted by Axis Capital Limited. As a reminder, all participant lines will be in listen only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing then 0 on your touch tone phone ...

IEX Performance and Market Position - IEX's electricity volume in Q1 FY26 reached 32.4 Billion Units (BU), a 15% increase, while FY25 saw 121 BU, an 18.7% increase, and FY24 had 101.7 BU, a 12.3% increase[30] - Renewable Energy Certificates (RECs) traded on IEX in Q1 FY26 amounted to 53 Lakh, a 150% increase, and FY25 saw 178 Lakh, a 136% increase[30] - Collectives (DAM, RTM, G-DAM) constitute approximately 75% of IEX's total volumes[33] - Total Revenue for Q1 FY26 was ₹120.2 Cr, with EBITDA at ₹164.4 Cr and PAT at ₹117.1 Cr[70] - IEX is India's first carbon-neutral power exchange since FY22[73] Energy Sector Transition and Growth Drivers - India has achieved 50% share of non-fossil fuel in installed electricity generation capacity 5 years ahead of the 2030 target[17] - Thermal energy generates 72% of India's electricity, while renewables contribute 25%[14] - IEX expects significant volume growth based on business as usual, with further growth anticipated from additional levers[41] - By FY30, India's power demand is forecasted to reach approximately 2,300 BU[41] - The Ministry of Coal (MoC) aims to produce 1.3 billion tonnes of domestic coal by FY26 and 1.5 billion tonnes by FY30[58] Indian Gas Exchange (IGX) Performance - IGX has over 45 registered members and over 200 registered clients[78] - IGX yearly volumes in FY25 reached 60 Million MMBTU, while Q1 FY26 saw 24.6 Million MMBTU[81] - IGX anticipates its share in overall gas consumption to increase from the current 2% to 4-5% by 2030, reaching approximately 250 Million MMBTU, with a CAGR of approximately 36%[89]

Group 1: Sustainability Achievements - DuPont de Nemours, Inc. has achieved 100% grid electricity from renewable sources across its entire European Union operations, marking a significant milestone towards its goal of net-zero carbon emissions by 2050 [1][2] - The transition involved the installation of on-site solar panels and the purchase of Renewable Energy Certificates (RECs) at 13 manufacturing sites in the EU, emphasizing the company's commitment to environmental protection [2] Group 2: Financial Performance and Projections - For the second quarter, DuPont projects net sales of approximately $3.2 billion, operating EBITDA of around $815 million, and adjusted earnings per share of about $1.05, indicating a seasonal sequential increase in sales [6] - The company has maintained its full-year guidance for 2025, reflecting confidence in its operational performance [6] Group 3: Stock Performance - DuPont's stock has declined by 13.2% over the past year, which is a better performance compared to the industry's decline of 25.8% [5]

Core Points - Boralex Inc. has signed a Renewable Energy Standard Agreement with NYSERDA to procure Tier-1 RECs from its Fort Covington Solar Project and Two Rivers Solar Project, totaling 450 MW [1][2] - The projects are part of NYSERDA's 2024 Renewable Energy Standard Competitive Solicitation, aimed at purchasing New York Tier-1 Eligible Renewable Energy Certificates [2] - The Fort Covington Solar Project will have a capacity of 250 MW, while the Two Rivers Solar Project will have a capacity of 200 MW [4] Project Details - The solar facilities will be located in Franklin and St. Lawrence Counties in upstate New York, with permit applications currently under review [3] - Construction of both projects is expected to begin in 2026, with commissioning anticipated in 2028 [3][5] - Once operational, the projects will provide enough energy to power approximately 105,000 homes [3] Economic Impact - The projects are expected to support approximately 300 to 400 construction jobs and create long-term operational roles [5] - Local officials have expressed optimism about the economic benefits, including increased tax revenues and job creation [3][5] - Boralex aims to contribute to New York's clean energy transition and support local communities through public-private partnerships [3]

算力电力协同发展研究报告 (2025 年) 中国信息通信研究院云计算与大数据研究所 2025年5月 版权声明 本报告版权属于中国信息通信研究院，并受法律保护。 转载、摘编或利用其它方式使用本报告文字或者观点的，应 注明"来源：中国信息通信研究院"。违反上述声明者，本院 将追究其相关法律责任。 前 言 算力作为数字经济时代的新质生产力，已成为推动经济社会发展 的核心力量，对现代生产和生活产生了深远影响。在碳达峰碳中和战 略背景下，我国积极推动算力的绿色低碳发展，并促进能源电力领域 的清洁转型。在此契机下，算力电力协同成为新时代发展的必然趋势。 为推动算力电力协同的科学发展，助力算力产业绿色低碳转型和 新型电力系统构建，中国信息通信研究院云计算与大数据研究所编制 《算力电力协同发展研究报告（2025 年）》。报告剖析了算力电力协同 发展的背景与需求，预测了未来算力用能的发展趋势和特征，阐述了 算力电力协同的内涵、要素与发展阶段，探讨了算电协同发展所面临 的挑战，提出了算电协同发展的六大关键举措，最后从政策支持、标 准制定、产业协同、市场机制等维度，提出了推动我国算力电力协同 高质量发展的策略建议。 算力电力协同相 ...