CERC Approves High Price Bilateral Market Segment on PXIL

Sterlite Expands Green Energy Corridor Portfolio by Acquiring Beawar Transmission

Enfinity Boosts Renewable Portfolio with 546 MW Solar Asset Acquisition in US

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PFC Consulting Invites Bids for 1.25 GW ISTS-Connected Solar Projects

NTPC Invites Bids to Develop 176 MW of Solar Projects in Telangana


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					</table><p><a href="https://www.mercomindia.com/haryana-bids-procure-500-mw-of-solar-power" target="_blank" rel="noopener"><strong>Haryana Power Purchase Center, a joint forum of the Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam, has invited bids for supplying 500 MW of solar power</strong></a> from grid-connected solar projects in Haryana. The last date to submit the bids online is May 24, 2023. Bids will be opened the following day. Bidders must deposit ₹10,000 (~$121.87)/MW plus 18% GST as a bid processing fee. They must also furnish ₹800,000 (~$9,749)/MW as an earnest money deposit.</p>
<p><a href="https://www.mercomindia.com/apex-court-denies-wind-higher-tariff-gujarat" target="_blank" rel="noopener"><strong>The Supreme Court of India recently set aside the Appellate Tribunal for Electricity (APTEL) and State Commission orders that allowed wind developers to claim higher tariffs</strong></a> than mutually agreed in the power purchase agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL). The wind developers contented that the Central Electricity Regulatory Commission&#8217;s amendment to the renewable energy certificate regulations in 2013 was a valid ground for amending the PPA. GUVNL had filed an appeal with the Supreme Court challenging the decision of APTEL.</p>
<p><a href="https://www.mercomindia.com/ira-fuels-record-investment-us-clean-energy-sector" target="_blank" rel="noopener"><strong>The American Clean Power Association (ACP) said that the utility-scale clean energy sector in the U.S. has received investments of over $150 billion since the Inflation Reduction Act was signed</strong></a> into law in August 2022. ACP estimated that the amount is equivalent to five years&#8217; worth of American clean energy investments. The funding has surpassed the total investment into U.S. clean power projects commissioned between 2017 and 2021. The past eight months saw the announcement of 46 clean energy manufacturing facilities, including new projects, expansions, or reopening of existing facilities.</p>
<p><a href="https://www.mercomindia.com/volkswagen-invest-1-billion-electric-vehicle-center-china" target="_blank" rel="noopener"><strong>The Volkswagen Group is investing roughly €1 billion (~$1.09 billion) to establish a development, innovation, and procurement center for intelligent electric vehicles in Hefei</strong></a>, a city in southern China, as part of its strategy to expand its development capabilities. The center, named &#8216;100%TechCo,&#8217; will combine research and development teams for vehicles and components, thereby integrating advanced local technologies into product development at an early stage and leveraging synergies in the development process.</p>
<p><a href="https://www.mercomindia.com/sjvn-awards-%E2%82%B91-3-billion-solar-to-bvg-india" target="_blank" rel="noopener"><strong>SJVN&#8217;s subsidiary, SJVN Green Energy, has awarded Bharat Vikas Group India the contract to install a balance of system (BoS) package for a 100 MW solar project in Punjab.</strong></a> The contract is worth ₹1.33 billion (~$16 million) and includes the operation and maintenance of the solar project for three years. The BoS project encompasses all photovoltaic system components, including the photovoltaic panels, wiring, switches, a mounting system, one or many solar inverters, a battery bank, and a battery charger.</p>
<p><a href="https://www.mercomindia.com/indias-bid-to-strengthen-energy-supply-chains-in-focus" target="_blank" rel="noopener"><strong>Mercom India will bring together industry panelists who will discuss local supply chains and their impact at its &#8216;Mercom India Renewables Summit 2023,&#8217;</strong></a> an exclusive event on April 26-27 in New Delhi. In a session titled &#8216;Domestic Manufacturing – Strengthening Local Supply Chains,&#8217; scheduled for April 26, 2023, panelists will discuss critical issues, opportunities, and emerging trends in the industry.</p>
<p><a href="https://www.mercomindia.com/eu-parliament-adopts-climate-measures-2030-goals" target="_blank" rel="noopener"><strong>Members of the European Parliament have approved the European Union&#8217;s Carbon Border Adjustment Mechanism (CBAM), which seeks to impose a carbon tariff on carbon-intensive products</strong></a> imported into Europe. CBAM seeks to put a &#8216;fair price&#8217; on the carbon emitted while producing carbon-intensive goods entering the EU and encourage cleaner industrial production in non-EU countries. Several countries have opposed the EU&#8217;s carbon tariff measure for its &#8216;protectionist&#8217; intent.</p>
<p><a href="https://www.mercomindia.com/new-material-solar-cell-efficiency-capturing-heat-loss" target="_blank" rel="noopener"><strong>Colorado State University researchers said introducing molybdenum disulfide in solar cells can help capture excess solar energy, which is generally lost as heat,</strong></a> thereby improving light-to-energy efficiency conversion. They performed a series of experiments using laser spectroscopy while capturing the hot carriers or highly charged electrons. The team claimed that conventionally used silicon solar cells do not provide ways for such hot carrier extraction phenomenon, which proves to be an efficient method to increase the overall efficiency of the solar cells.</p>
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Daily News Wrap-up: Haryana Tenders 500 MW of Solar Power


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					</table><p>The Central Electricity Regulatory Commission (<a href="https://cercind.gov.in/" target="_blank" rel="noopener">CERC</a>) has issued regulations to limit frequency fluctuations within the operating band in the interest of grid security.</p>
<p>The regulator has set the normal rate of charges for deviation for a given time block.</p>
<p>This rate will be determined by taking the higher of two weighted averages: the weighted average clearing price (ACP) of the day ahead market segments of all power exchanges for that time block, or the weighted average ACP of the real-time market segments of all power exchanges for that time block.</p>
<p>However, this rate will not exceed ₹12 (~$0.15)/ kWh until further notice.</p>
<p>In February, the CERC had hiked monetary incentives for both generators and procurers to maintain the grid frequency in the safe range of 49.95-50.05 Hz.</p>
<p>The grid frequency had <a href="https://www.mercomindia.com/explainer-why-new-regulations-made-grid-unstable" target="_blank" rel="noopener">deviated </a><a href="https://mercomindia.com/explainer-why-new-regulations-made-grid-unstable/" target="_blank" rel="noopener">dangerously</a> away from the acceptable range of 49.90 -50.05 Hz. It oscillated between 50.5 Hz and 49.41 Hz on December 20.</p>
<p>The order further approves the proposal to introduce High-Price Day Ahead Market (HP-DAM) in the Integrated Day Ahead Market (I-DAM) segment to facilitate the participation of high variable cost generators.</p>
<p>The CERC reserved the order on a similar proposal to introduce HP-DAM for Power Exchange India. The Commission has directed all power exchanges to redesign their bidding software to facilitate members&#8217; ability to quote the price of up to ₹10 (~$0.12)/kWh for all contracts and up to ₹20 (~$0.24)/kWh in the HP-DAM segment.</p>
<p>Modifying its order of February 6, 2023, it directed that the normal rate of charge for deviation will be equal to the higher of the weighted average ACP of the day ahead market segments of all the power exchanges or the weighted average ACP of the real-time market segments of all the power exchanges for a time block.</p>
<p>However, for a seller whose bid is cleared in the HP-DAM, the normal rate of deviation charges will be equal to the highest of the weighted average ACP of the HP-DAM market segments or the weighted average ACP of the day ahead market segments or the weighted average ACP of the real-time market segments of all the power exchanges.</p>
<p>The directions will come into effect from midnight of April 10, 2023.</p>
<p>Recently, the Commission <a href="https://cms.mercomindia.com/changes-power-exchanges-bidding-software/" target="_blank" rel="noopener">directed</a> all power exchanges to redesign their bidding software to allow members to quote prices within a specified range for different types of contracts.</p>
<p>Subscribe to Mercom&#8217;s real-time <a href="https://mercomindia.com/product/mercoms-renewable-energy-regulatory-updates/" target="_blank" rel="noopener">Regulatory Updates</a> to ensure you don&#8217;t miss any critical updates from the renewable industry.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/arjun-joshi/" class="vcard author" rel="author"><span class="fn">Arjun Joshi</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
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<p><strong style="text-decoration: underline">Arjun Joshi,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/arjun-joshi/" target="_blank" rel="noopener">More articles from Arjun Joshi.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/Arjun-Joshi-1.png" width="86" height="102" /><a href="https://mercomindia.com/author/arjun-joshi/" target="_blank" rel="noopener"><strong style="color: #00b451">Arjun Joshi</strong> </a>is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology, and Optional English from Garden City University, Bangalore. <a href="https://mercomindia.com/author/arjun-joshi" target="_blank" rel="noopener">More articles from Arjun Joshi.</a></p>
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Central Regulator Issues Measures to Reduce Grid Frequency Fluctuations


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					</table><p>The rate of clean energy deployment in the United States slowed substantially in the second quarter of this year, says American Clean Power&#8217;s (ACP) Quarterly Market Report for Q2 2022.</p>
<p>ACP has warned that the slowdown will be unfavorable to the industry, especially when scaling up is needed to meet the growing demands.</p>
<p>As per the report, Congressional inaction, uncertainty on long-term tax policy, tariff and trade restrictions, transmission constraints, economic factors, and trade issues have impacted project development and increased the backlog of new project delays.</p>
<p>Other market headwinds that have impacted development include commodity prices, COVID pandemic-related delays, supply chain issues, and increased operating costs.</p>
<p>&#8220;Our member companies are ready to make the investment decisions necessary for building America&#8217;s clean energy economy, but the current business and policy environment is slowing the rate of deployment,&#8221; said Heather Zichal, CEO of ACP.</p>
<p>The operating clean power capacity comprises 139,143 MW of land-based wind, 65,749 MW of solar, 42 M.W. of offshore wind, and 6,471 MW/16,792 MWh of battery storage capacity. The total operating clean power capacity now is over 211 GW, enough to power 58 million homes in America.</p>
<p>But in Q2 2022, the industry saw a 55% decline in project installations from the same period in 2021, with 3,188 MW of utility-scale clean power capacity installed. Energy storage was the only technology to experience growth, with a 13% increase in installations.</p>
<p>Project developers brought 60 new projects online to the grid in the second quarter, representing $4.3 billion in capital investments. The industry installed 3,188 MW of new capacity from 41 solar projects, 14 storage projects, and five wind projects across 27 states.</p>
<p>Total installations for the year are now 9,795 MW, compared to more than 13,000 MW of projects brought online in the first half of 2021.</p>
<p>The report said the growth rate is slowing while the development volume is increasing. In the first quarter, the project runway grew by just 4% and 3% in the second quarter – much slower than the 12% average quarterly growth experienced throughout 2021.</p>
<p>During the second quarter, the industry started construction on 3,964 MW of projects, while 7,000 MW entered advanced development. There are 1,155 projects in the pipeline with a total capacity of 128,889 MW. This includes 40,656 MW under construction and 88,233 MW in advanced development.</p>
<p>Since the end of 2021, more than 32.4 GW of clean power projects have been delayed and have not yet achieved commercial operation.</p>
<p>Solar projects are the most delay-prone, accounting for 64% of the total, with nearly 21 G.W. of solar projects currently delayed – a direct result of misguided trade actions. The installations were down 53%. Wind, on the other hand, makes up 17% of total delays. Onshore installations were 78% lower compared to last year. Battery storage makes up 21% of total delays.</p>
<p>At this stage, projects in the pipeline include 57% solar, 18% onshore wind, 14% offshore wind, and storage the remaining 11%.</p>
<p><strong>Procurement the bright spark</strong></p>
<p>The ACP report cites an increase in clean power procurement as the only bright spark in the landscape. Procurement picked up as companies announced 8,502 MW of new power purchase agreements (PPAs) – a 35% increase from the previous quarter and a 27% increase from the second quarter of 2021.</p>
<p>Solar tops the choices of the new PPAs, accounting for 71% of announcements in the second quarter.</p>
<p>Earlier, ACP&#8217;s energy storage monitor report with Wood Mackenzie <a href="https://mercomindia.com/us-added-955-mw-energy-storage-installations/" target="_blank" rel="noopener">noted</a> that grid-scale installations were up four times the volume in Q1 2021, despite project delays and procurement challenges.</p>
<p>In June, President Joe Biden <a href="https://mercomindia.com/president-biden-waives-duties-solar-module-imports/" target="_blank" rel="noopener">announced</a> a 24-month duty exemption on solar modules and cells imported from Cambodia, Malaysia, Thailand, and Vietnam to ensure that the domestic solar industry has access to a sufficient supply of components. The duty relief was seen as a relief for the U.S. solar industry.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/vijayalakshmi-sridhar/" class="vcard author" rel="author"><span class="fn">Vijayalakshmi Sridhar</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/07/New-Project-6.jpg" width="77" height="102" /> <a href="https://mercomindia.com/author/vijayalakshmi-sridhar/" target="_blank" rel="noopener">Vijayalakshmi</a> is a staff reporter at MercomIndia.com. She has two decades of experience as an independent journalist and features writer, and her work is featured across various publications and genres such as business, food, and clean energy. <a href="https://mercomindia.com/author/vijayalakshmi-sridhar/" target="_blank" rel="noopener">More articles from Vijayalakshmi</a>.</p>
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Clean Energy Deployment in the U.S. Slows Down in Q2 Due to Headwinds

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