Daily News Wrap-Up: Ministry of Power Sets Up Office to Monitor Regulatory Compliance

RWE Renewables partners with Constellation for a 200 MW solar project

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

The Ministry of Power (MoP), Government of India, has set up a regulatory compliance monitoring division to monitor regulatory parameters. It is also working on guidelines for resource adequacy and power procurement in line with load fluctuation requirements, contract terms, energy mix, and renewable obligations. The forum of regulators would prepare norms on various regulatory parameters and issues to be adopted by state commissions. This would help the state regulators to adopt best regulatory practices and implement reforms faster.

RWE Renewables has partnered with Constellation, an energy solutions provider, to realize a 200 MW solar facility coupled with a 120 MWh battery storage system in Bastrop County, Texas. Constellation will purchase power and project-specific renewable energy certificates equal to 140 MW out of the total 200 MW capacity of RWE’s Big Star solar project. PepsiCo, McCormick & Company, Best Buy, and ViacomCBS’ KTVT and KTXA TV will receive energy and RECs from the project as part of their retail electric supply contract with Constellation. The facility is currently under development and is expected to reach commercial operation in the second quarter of 2022.

British energy and services company Centrica Energy Trading has signed three ten-year corporate power purchase agreements with Helsinki-based renewable fund manager and developer Taaleri Energia for 266 MW of supplies from three onshore wind farms in Sweden and Finland. Under the agreements, Centrica will be responsible for balancing and nominating the 126 MW Isoneva and 126 MW Murtoluuli wind farms in Finland. Centrica will be responsible for balancing the 14.4 MW Målajord wind farm located in Southern Sweden.

GE Renewable Energy and PKN ORLEN have signed a memorandum of understanding to explore the development of offshore wind projects in Poland. Poland has announced plans to award up to 10.9 GW of offshore wind by 2030 and offers new sea areas enabling the development of future offshore wind projects. The country’s offshore wind capacity is estimated to be 28 GW by 2050.  The country is well-positioned to serve the broader efforts to develop offshore wind in the Baltic region. GE Renewable Energy is already an active player in the Polish wind market, with over 300 onshore wind turbines delivering 900 MW.

Distributed energy resources aggregation platform Sunverge has announced a strategic partnership with Simply Energy, Nissan Australia, and Wallbox to deliver electric vehicle-to-home and electric vehicle-to-grid (V2G) services. The partnership will combine Sunverge’s advanced intelligent energy management platform, Wallbox’s Quasar bi-directional in-home electric vehicle (EV) charging stations, and Nissan’s compact electric vehicle, the LEAF. Sunverge, Nissan, and Wallbox will jointly study the opportunities around advanced V2G capabilities such as frequency regulation and response.

Malaysian electricity company Tenaga Nasional Berhad has signed power purchase agreements (PPAs) for 500 MW of power capacity across ten projects with the winners in round four of the country’s large-scale solar program. The winners will design, construct, own, operate and maintain 50-MW solar parks and sell their output to the Malaysian utility under 21-year PPAs. All solar parks but one will become operational between September and December of 2023. The one exception is a solar farm to be built by JAKS Solar Power which will commence its commercial operations by March 2023.

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