Daily News Wrap-Up: MNRE Sets Emission Thresholds for Green Hydrogen Production
SECI releases empanelment list for 5 MW rooftop solar projects
August 22, 2023
The Ministry of New and Renewable Energy has issued a standard outlining the emission thresholds that must be met for the hydrogen produced in the country to be classified as ‘green.’ The Green Hydrogen Standard for India provides a definition of green hydrogen or hydrogen produced using renewable sources through electrolysis-based and biomass-based production methods. Renewable energy, in this case, also includes the one generated from renewable sources and is stored in an energy storage system or banked with the grid in accordance with the current regulations.
The Solar Energy Corporation of India has issued the list of state-wise empaneled vendors for the design, supply, installation, testing, and commissioning of up to 5 MW of rooftop and ground-mounted solar power projects. SECI has empaneled a total of 23 rooftop solar installers under Category A. Under Category B – CAPEX model, 27 installers for the CAPEX model and 16 for the RESCO model have been enlisted. The rooftop solar installers were empaneled state-wise. SECI floated the tender in March this year.
The U.S. Department of Commerce has found that certain Chinese solar manufacturers have been evading antidumping duty and countervailing duty regulations by assembling solar cells and modules within Southeast Asia. These products are subsequently shipped to the United States. In its final findings, the investigation revealed that some solar cells and modules exported from Cambodia, Thailand, Malaysia, and Vietnam incorporated wafers that originated in China, contravening U.S. tariffs.
The Jodhpur Vidyut Vitran Nigam has invited bids to install and commission 26 grid-connected solar projects with a total capacity of 66 MW under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program for feeder level solarization. The projects will be located in Kharchi, Ranawas, Sojat Road, and Sojat City subdivisions of Pali Circle in Jodhpur and developed under the renewable energy service company model.
Odisha Mining Corporation (OMC) has invited bids for the installation and commissioning of 2 MW grid-connected ground-mounted or rooftop solar power projects at different coal mines of OMC. The projects include 1.61 MW of ground-mounted solar projects with more than 100 kW capacity and 390 kW of ground-mounted and rooftop solar projects with less than 100 kW capacity. The last date to submit the bids is September 21, 2023. Bids will be opened on the same day.
Jammu and Kashmir Energy Development Agency has invited bids to hire consultants to implement solar power projects, along with wind, small hydro, biomass, and green hydrogen projects in Jammu and Kashmir. The contract period will be three years, further extendable up to two years. The last day to submit the bids is September 12, 2023. Bids will be opened the next day.
Consumers with a contracted or sanctioned load of 100 kW and above will be eligible to procure power through green energy open access, according to the draft Green Energy Open Access Regulations, 2023, issued by the Odisha Electricity Regulatory Commission. There will be no load restriction for captive consumers procuring power under green energy open access. Stakeholders can submit feedback until August 28, 2023.
Independent renewable power producer ReNew recorded a net profit of ₹2.98 billion (~$35.86 million) for the first quarter (Q1) of the financial year 2023-24, from a net loss of ₹104 million (~$1.25 million) year-over-year (YoY), on the back of lower finance costs during the quarter. The company’s total revenue decreased by 1.4% YoY to ₹24.66 billion (~$296.68 million) primarily due to lower wind plant load factor and lower trading revenue, and change in the fair value of warrants. This was partially offset by the late payment surcharge income from customers and higher finance income.
Norway-based independent power producer Scatec reported a net profit of NOK402 million (~$38.07 million) in Q2 2023, a significant improvement from the loss of NOK68 million (~$6.44 million) in Q2 2022, on higher income from power production and project development. The company’s revenue increased to NOK1.23 billion (~$116.49 million), a 47% YoY increase from NOK836 million (~$79.17 million). The revenue spike was driven by the increased YoY difference in power production revenue.
UbiQD, a nanotechnology company based in New Mexico, has joined hands with solar module manufacturer First Solar to integrate fluorescent quantum dot (QD) technology into advanced solar modules. QDs are minuscule semiconductor nanoparticles known for their photoluminescence efficiency across a broad spectrum of tuneable colors, making them a valuable tool for optimizing light spectra. These quantum dots are so small that about 100,000 of them could fit across a single fingernail.