Here are some noteworthy cleantech announcements of the day from around the world:
Rajasthan Renewable Energy Corporation Limited (RRECL) has granted an extension until November 24, 2021, to complete the projects under the rooftop solar subsidy program. Vendors are given three days from October 27 to October 29, 2021, to submit project approval documents for any changes or replacements of detailed project reports. Renewable Energy Association of Rajasthan (REAR) wrote to the Ministry of New and Renewable Energy to confirm the extension. The extension is being provided as vendors are facing various issues like availability of domestic modules, distribution companies delaying ‘no objection certificates,’ net metering procedures, and a hike in Goods and Services Tax from 5% to 12%.
Singapore-based renewable energy company Sembcorp Industries PT PLN Batam and PT Trisurya Mitra Bersama announce that they have signed an exclusive joint development agreement (JDA) to develop a large-scale integrated solar and energy storage project in Indonesia. The project consists of approximately 1 GW of solar power generation capability and a large-scale energy storage system in BBK to support managing the intermittency for clean energy deployment and export. This project is expected to support about 1,000 direct and indirect jobs in Indonesia and Singapore during the construction phase. The renewable power generated onsite will supply the clean energy needs of the local communities. The power is also proposed to be transmitted through subsea cables into Singapore.
Engineering consultant RINA has been awarded a contract by RWE for the 1.4 GW Sofia Offshore Wind Farm to provide Cable Verification Services & Offshore Converter Platform (OCP) construction site quality services. The full scope of work for the Sofia project will be managed from RINA’s Sunderland office and is expected to bring extensive opportunities to the UK supply base. RINA will provide expert third-party surveillance to support the supply of quality assurance services required to verify the cable design, the manufacturing cycle by inspection, the project-specific type test and final acceptance testing (FAT), and reviewing cable handling load-out procedures. The project includes 220 km 320 kV high voltage DC offshore cables running from the landfall area to the OCP and a shorter 7 km onshore cable to connect from the landfall area to the onshore converter station.
The Asian Infrastructure Investment Bank (AIIB) announced that it will align its operations with the goals of the Paris Agreement by July 1, 2023. The Bank currently estimates its cumulative climate finance approvals to be $50 billion by 2030. This amount would represent a fourfold increase in annual climate finance commitments since AIIB started publicly reporting the number in 2019. Earlier this year, AIIB announced it would target at least a 50% share of climate finance in actual financing approvals by 2025.