Daily News Wrap-Up West Bengal DISCOM to Buy 100 MW Wind Power from SECI at ₹3kWh

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

West Bengal Electricity Regulatory Commission (WBERC) has approved the power sale agreement signed by West Bengal State Electricity Distribution Company (WBSEDCL) and Solar Energy Corporation Of India (SECI) for the purchase of 100 MW of blended wind power. WBSEDCL will purchase the power from SECI for 25 years at a tariff of ₹3 (~$0.039)/kWh, discovered through competitive bidding conducted by SECI. The Commission directed WBSEDCL to comply with the legal provisions regarding the scheduling as per the intra-state availability-based tariff, state grid code, etc.

Karnataka Electricity Regulatory Commission (KERC) condoned the delay in commissioning a 3 MW solar project by Poorvaj Solar Energy in Gopagondanahalli Village, Davangere District, to June 22, 2017. The Commission found that delay falls within the parameters of ‘force majeure’ events due to delay in granting various approvals from Government institutions. The Commission said Poorvaj Solar Energy is entitled to the tariff at ₹8.40 (~$0.11)/kWh per the power purchase agreement. The Commission directed Bangalore Electric Supply Company (BESCOM) to pay the difference between the tariff paid per unit from the project’s commissioning date and the late payment surcharge within two months. The Commission also ordered BESCOM not to levy liquidated damages, and if already levied, the same must be refunded within two months.

Karnataka Electricity Regulatory Commission (KERC) ordered Hubli Electricity Supply Company (HESCOM) to pay ₹41.23 million (~$530,528) to Venkateshwara Power Projects. HESCOM had deducted ₹50.61 million (~$651,197) from Venkateshwara’s export bills— claiming that the Venkateshwara had injected excess energy over and above 10 MW during November and December 2017 and January 2018. The Commission found that HESCOM cannot recover excess amounts paid beyond three years from the date of effecting. The Commission stated that only ₹9.37 million (~$120,668), which HESCOM paid from February 2015 to December 2017, can be lawfully deducted. Therefore, the deduction amounting to ₹41.23 million (~$530,528) towards the excess amount paid from December 2010 to March 2014 must be refunded to the petitioner.

Helios Nordic Energy AB, a solar power project developer, sold two ready-to-build solar photovoltaic plants with a combined capacity of 32 MW to Norwegian independent power producer Solgrid. Both projects are located in Swedish Energy market area SE3 and have been consented by the County Administrative Board. They are expected to have grid connection agreements ready within six months. Following their scheduled completion in 2023 or 2024, the two parks will lead to the avoidance of approximately 150 tonnes of carbon dioxide emissions every year. The generated electricity will meet the annual electricity requirements of about 4,000 Swedish households.

ACCIONA Energía acquired 24% of the capital of the French company Eolink, which specializes in the development of floating foundations for offshore wind energy. The operation, subject to certain conditions, will be followed by a financing round launched by the French start-up to boost its floating offshore wind technology and accelerate its first 5 MW unit as a commercial technology. The first pre-commercial unit is expected to be installed at the SEM-REV test site off the coast of Le Croisic, France, in 2023. With a height of 150 meters and a 5 MW capacity, Eolink’s floating wind turbine will provide enough electricity to power 3,500 homes. ACCIONA Energía’s entry into the capital of Eolink will strengthen the start-up’s financial structure for its development in the short and medium-term.