Idex Corp /De/ (IEX) stock price, news and key stats
Price
Last close as of Sep 16, 2026. Delayed data; not a live quote.
- Previous close
- $222.84
- Open
- $223.77
- Day range
- $219.43 – $224.40
- Volume
- 492K
About Idex Corp /De/
Indian Energy Exchange is a power trading platform, primarily facilitating the trading of electricity and renewable energy certificates in India.
Latest IEX news
- India Builds Clean Power Faster Than It Can Use ItOil & Gas · Aug 21, 2026
India's rapid expansion of clean energy capacity, particularly in solar power, has outpaced its ability to effectively utilize this generation. As of now, India's total installed solar capacity has reached 211 gigawatts (GW), positioning it just 40 GW below the nation's coal capacity. This significant growth reflects India's commitment to transitioning towards renewable energy sources, yet it also highlights a critical challenge: the existing grid infrastructure is struggling to accommodate the influx of renewable energy. In the second quarter of this year alone, India curtailed approximately 8.13 terawatt-hours (TWh) of solar output due to grid limitations, a situation reminiscent of China's experience where 360 TWh of clean power was curtailed in the first half of 2026. The inability to fully harness the potential of renewable energy not only undermines the environmental benefits but also poses economic implications. Investors may become wary of the efficiency and reliability of India's energy transition if grid constraints persist, potentially impacting future funding and development in the renewable sector. As India continues to build its clean power capabilities, addressing the infrastructural challenges will be crucial. Enhancing grid capacity and integrating advanced energy storage solutions could help mitigate curtailments and ensure that the country can fully leverage its renewable resources. The success of this transition will not only affect India's energy landscape but also its position in the global renewable energy market.
- India Lets Delayed Renewable Projects Pay to Keep Grid AccessOil & Gas · Aug 17, 2026
India's power regulator has introduced a new measure allowing renewable energy developers who have missed project deadlines to pay compensation charges in order to retain their grid connectivity. This decision is aimed at addressing the challenges faced by clean energy projects that have been delayed, particularly due to transmission line shortages. Developers who have secured power sale agreements of at least seven years by December 31, 2026, will be eligible for this relief. This move is significant as it underscores the Indian government's commitment to bolstering its renewable energy sector, which is crucial for achieving its ambitious clean energy targets. By enabling developers to maintain grid access, the regulator aims to mitigate the risk of project cancellations that could hinder India's transition to a more sustainable energy landscape. Market analysts suggest that this policy could enhance investor confidence in the renewable sector, potentially attracting more capital and accelerating project completions. Furthermore, the potential waiver of transmission charges for solar and wind energy developers facing delays could further alleviate financial pressures on these projects. As India continues to expand its renewable energy capacity, such measures may play a critical role in ensuring that the country meets its energy demands while adhering to environmental commitments. The implications for the market could be profound, as a more stable and accessible grid could lead to increased competition and innovation within the renewable energy sector.
Index membership
- S&P 500 · Industrials
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