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					</table><p><a href="https://mercomindia.com/government-final-extension-solar-kusum/" target="_blank" rel="noopener"><strong>The Ministry of New and Renewable Energy has granted a final extension to solar projects pending installation under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan</strong></a> program to September 30, 2023, citing the difficulties faced by farmers in accessing finances during the initial phase. However, the extension will only include projects where the beneficiary has reported financial closure to the state implementation agencies on or before March 31, 2023. For projects which miss the extended deadline, the balance capacity will be withdrawn and reallocated to the states based on fresh proposals.</p>
<p><a href="https://mercomindia.com/seci-ists-wind-projects-tranche-xiv/" target="_blank" rel="noopener"><strong>The Solar Energy Corporation of India has invited bids to develop 1,200 MW of the interstate transmission system (ISTS)-connected wind power projects (Tranche XIV) in the country.</strong></a> The last date to submit bids is April 03, 2023. Bids will be opened on April 10. Bidders must furnish ₹1.38 million (~$16,692)/MW as an earnest money deposit. In addition, the successful bidder must provide a performance bank guarantee of ₹2.08 million (~$25,160) /MW/project before signing the power purchase agreements (PPAs).</p>
<p><a href="https://mercomindia.com/assam-discom-bids-70-mw-solar/" target="_blank" rel="noopener"><strong>Assam Power Distribution Company (APDCL) has invited bids to procure 70 MW of power from solar projects to be developed in Dhubri, Assam.</strong></a> The power purchase agreement (PPA) will be valid for 25 years. Projects should be commissioned within 18 months from the date of execution of the PPA. Developers must also provide five years of comprehensive operation and maintenance services. APDCL has set a ceiling tariff of ₹4 (~$0.048)/kWh.</p>
<p><a href="https://mercomindia.com/damodar-valley-corp-8-mw-solar-project-jharkhand/" target="_blank" rel="noopener"><strong>Damodar Valley Corporation has invited bids from engineering, procurement, and construction contractors to commission an 8 MW ground-mounted solar power project with associated systems</strong></a>, including the power evacuation system in Dhanbad, Jharkhand. Contractors must also provide five years of comprehensive operation and maintenance services. The last day to submit the bids is March 27, 2023. Bids will be opened the next day. Bidders must furnish an earnest money deposit of ₹5.2 million (~$62,437).</p>
<p><a href="https://mercomindia.com/risen-efficiency-hyper-ion-heterojunction-module/" target="_blank" rel="noopener"><strong>China-based module manufacturer Risen Energy claimed to have achieved a maximum power of 741.456 W with a module efficiency of 23.8% in its Hyper-ion HJT solar module.</strong></a> The module is backed by Risen’s 100 μm ultra-thin cell technology and low-temperature process, yielding a carbon footprint value that is lower than 400 kg equivalent CO2/kWc. The results achieved by Risen were confirmed by security and sustainability solutions partner TUV SUD.</p>
<p><a href="https://mercomindia.com/growatt-inverter-battery-plant-in-vietnam/" target="_blank" rel="noopener"><strong>China-based solar inverter manufacturer Growatt has started the first phase of its production plant in Haiphong, Vietnam, to manufacture 500,000 inverters and 100,000 batteries annually.</strong></a> The new facility will manufacture solar and storage inverters along with storage batteries. The company expects the expansion plans to support the increasing demand for storage to manage the intermittency issues of various renewable energy sources. Growatt will use automated and digital solutions for manufacturing.</p>
<p><a href="https://mercomindia.com/sunpowers-revenue-jumps-record-new-customers/" target="_blank" rel="noopener"><strong>Distributed generation storage and energy services provider SunPower Corporation‘s revenue came in at $497.3 million for the fourth quarter of 2022, a 43% jump year-over-year (YoY).</strong></a> The company’s performance was primarily driven by the addition of 23,700 new customers in the quarter, up 39% YoY. It was also the company’s highest-ever customer acquisition in a quarter. The company said that the revenue increase also includes the operational developments in the residential solar provider Blue Raven which SunPower acquired in October 2021.</p>
<p><a href="https://mercomindia.com/mit-remove-carbon-dioxide-from-seawater/" target="_blank" rel="noopener"><strong>Researchers from the Massachusetts Institute of Technology said they have discovered the key to removing carbon dioxide directly from ocean water, which absorbs 30-40% of carbon emissions</strong></a> prevailing in the atmosphere. The inexpensive method can mitigate Co2 emissions and could potentially lead to overall net negative emissions. The findings were reported in the journal Energy and Environmental Science. The team came up with a reversible process consisting of membrane-free electrochemical cells. Reactive electrodes were used to release protons into the seawater, driving the release of the dissolved carbon dioxide from the water.</p>
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Daily News Wrap-Up: Final Extension for Solar Projects from KUSUM Program


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					</table><p><a href="https://mercomindia.com/mnre-bis-certification-solar-inverters-june-30/" target="_blank" rel="noopener"><strong>The Ministry of New and Renewable Energy has extended the deadline for compliance with and implementation of the Quality Control Order, 2017, for solar photovoltaic inverters until June 30, 2023</strong></a>. The self-certification deadline extension was provided in view of the availability of limited test facilities, which would mean more time for compliance. According to the notification, the manufacturers should have valid International Electrotechnical Commission (IEC) certificates and test reports from accredited test labs for the smooth implementation of the order.</p>
<p><a href="https://mercomindia.com/discoms-owed-329-billion-power-generators-january-2023/" target="_blank" rel="noopener"><strong>Distribution companies owed power generators ₹329.72 billion (~$4 billion) in overdue payments for the monthly billing cycle at the end of January, according to Ministry of Power data</strong></a>. The total outstanding owed to power generators is ₹562.41 billion (~$6.84 billion). This is 22% less than ₹719.58 billion (~$8.75 billion) DISCOMs owed power generators in December. The current outstanding due, excluding the latest monthly dues, is ₹232.69 billion (~$2.83 billion).</p>
<p><a href="https://mercomindia.com/mazagon-shipbuilders-bids-maintain-1-mw-rooftop-solar/" target="_blank" rel="noopener"><strong>Mazagon Dock Shipbuilders, a public sector undertaking under the Ministry of Defence, has invited bids for maintaining the 390 kW and 650 kW rooftop solar systems located at its North, South, East, and Anik</strong></a> Chembur yards. The maintenance contract for the 390 kW rooftop solar system will be until December 10, 2024, and for the 650 kW system, it will be until March 21, 2025.</p>
<p>The last day to submit the bids is February 21, 2023. Bids will be opened the next day.</p>
<p><a href="https://mercomindia.com/karnataka-regulator-directs-discoms-honor-gst-claim/" target="_blank" rel="noopener"><strong>The Karnataka Electricity Regulatory Commission (KERC) has directed four distribution companies to compensate a solar developer for the additional cost incurred due to the imposition</strong></a> of the goods and services tax (GST) regime under the ‘Change in Law’ clause. The petitioners— Azure Power and its special purpose vehicles— sought reimbursement of GST incurred on operation and maintenance (O&amp;M).</p>
<p><a href="https://mercomindia.com/china-contemplates-exports-of-solar-tech/" target="_blank" rel="noopener"><strong>In a move that could significantly hamper the energy transition goals globally, China is contemplating restricting exports of critical technology related to solar photovoltaic components.</strong></a> The proposal was open to the public for comments, for which the deadline was January 28. If implemented, local manufacturers would be restricted from exporting the technology over which China has a stranglehold. China’s Commerce and Science and Technology ministries recently invited public feedback on the proposed changes to the Catalogue of Export Restricted Technologies, which could include a ban or restriction on exporting technology related to the production of solar wafers, black silicon, and ingots.</p>
<p><a href="https://mercomindia.com/eu-e250-billion-green-industrial-plan/" target="_blank" rel="noopener"><strong>The European Commission has published the Green Deal Industrial Plan based on the idea of developing a ‘Single Market,’ which will utilize €250 billion (~$274.96 billion) of existing EU funds to safeguard and</strong></a> enhance the competitiveness of its clean energy industry. With the help of proposed strategies like the Net Zero Industry Plan, Critical Raw Materials Act, REPowerEU, the EU Sovereignty Fund, and the revised Temporary Crisis and Transition Framework, the plan will help keep a majority of investments for cleantech within the region. The Commission plans to mobilize the existing funds of €250 billion (~$274.96 billion) available under the REPowerEU plan and another €372 billion (~$409.14 billion) under the InvestEU plan.</p>
<p><a href="https://mercomindia.com/siemens-gamesas-net-loss-widens-on-higher-service-costs/" target="_blank" rel="noopener"><strong>Spain-based wind turbine maker Siemens Gamesa’s net loss widened to €884 million (~$971.9 million) for the first quarter of the financial year (FY) 2023 compared to €403 million (~$443.2 million)</strong></a> year-over-year. The company detected an upward trend in the failure rate of certain components that resulted in higher-than-expected warranty and service maintenance costs leading to the loss during the quarter. Additionally, the economic performance during this period was severely impacted by the outcome of the evaluation of the installed fleet, mostly impacting the service business, the company said in a statement.</p>
<p><a href="https://mercomindia.com/wind-orsted-swings-loss-q4-due-project-delays/" target="_blank" rel="noopener"><strong>Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter of the financial year 2022, compared with a net profit of DKK 3.26 billion</strong></a> (~$482 million) year-over-year. The company said the quarterly loss was due to delays at two of its projects — Hornsea 2 and Greater Changhua 1 and 2a. Adverse impacts from ineffective hedging compounded the quarterly loss, the company added. For the October-December quarter, the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at DKK 6.7 billion (~$981 million), a decline of 18.78 % YoY.</p>
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Daily News Wrap-Up: BIS Certification Deadline for Solar Inverters Extended to June 30

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