Daily News Wrap-Up: KERC Condones Delay in Commissioning 3 MW Solar Project in Karnataka

Hero Electric partners with ElectricPe to gain access to their charging network across India


Here are some noteworthy cleantech announcements of the day from around the world:

Karnataka Electricity Regulatory Commission (KERC) has condoned the delay in commissioning a 3 MW solar project by Nadagouda Energies in Jalageri Village, Vijayapura District. The Commission found that the delay constitutes a ‘force majeure’ event caused by delays in securing approvals from government institutions. The Commission said Nadagouda Energies is entitled to the tariff at ₹8.40 (~$0.11)/kWh per the power purchase agreement. The Commission directed Hubli Electric Supply Company (HESCOM) to pay the difference in tariff paid per unit from the project’s commissioning date and the late payment surcharge within two months. It also ordered HESCOM not to levy liquidated damages, and if already levied, the same must be refunded within two months.

Hero Electric, the two-wheeler electric vehicle (EV) company, announced a partnership with ElectricPe, an EV charging platform, allowing its customers to access ElectricPe’s charging network across India. Hero Electric customers will be able to access ElectricPe’s charging network across residential complexes, offices, malls, and other establishments.

Intel Corporation pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040. The company aims to increase energy efficiency, lower the carbon footprint of Intel products and platforms with specific goals, and work with customers and industry partners to create solutions that lower the greenhouse gas footprint of the entire technology ecosystem. The company aims to achieve 100% renewable electricity use across its global operations by 2030 and invest approximately $300 million in energy conservation at its facilities to achieve 4 billion cumulative kWh of energy savings. It plans to build new factories and facilities to meet U.S. Green Building Council LEED program standards, including recently announced investments in the U.S., Europe, and Asia, and launch a cross-industry R&D initiative to identify greener chemicals with lower global warming potential and develop new abatement equipment.

Kerala State Electricity Regulatory Commission (KSERC) has permitted Kerala State Electricity Board (KSEBL) to sign a tripartite power purchase agreement (TPPA) with INOX Wind Energy and DJ Malpani. KSEBL will procure power from INOX’s 16 MW wind project located at Kerala Industrial Infrastructure Development Corporation’s integrated industrial park in Kanjikode. DJ Malpani is an investor in INOX’s 16 MW wind project. The levelized tariff for the electricity generated from the 16 MW wind project is approved at ₹4.09/kWh (~$0.05)/kWh, duly considering the benefit of accelerated depreciation. KSEBL must sign TPPA within two months from the issuance of the order.

OX2, a Sweden-based renewable energy project developer, signed a cooperation agreement with TMV Green Oü to develop about 500 MW onshore wind projects in Estonia. TMV Green will be responsible for land use, licensing, and grid connection and OX2 will be responsible for the financing, construction, and implementing of the projects in the portfolio. The projects OX2 and TMV Green will cooperate around are in an early phase and is not part of OX2’s project development portfolio.


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