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SECI Floats Tender to Procure 1.2 GW Round-the-Clock Renewable Power

Daily News Wrap-Up: APTEL Criticizes MERC for Denying Petitioner Relief

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					</table>Beijing-based solar module maker <a href="https://www.jasolar.com/html/en/" target="_blank" rel="noopener">JA Solar</a> has signed a deal with <a href="http://www.samsungcnt.com/eng/index.do" target="_blank" rel="noopener">Samsung C&amp;T</a>, a South Korea-based construction and engineering company, to supply photovoltaic modules for the largest solar project in Qatar.
The project will be built in the Mesaieed Industrial City and the Ras Laffan Industrial City.
It is likely to be operational in 2024. Under the agreement, JA Solar will supply over 1.6 million DeepBlue 3.0 modules to the project.
Once the construction is complete, the company said the solar project would help transform the local energy infrastructure while driving sustainable economic, social, and environmental development locally in Qatar.
JA Solar DeepBlue 3.0 modules have received the PV industry&#8217;s first KS certificate for 182 modules.
To accelerate and promote renewable energy deployment, Qatar <a href="https://mercomindia.com/daily-wrap-up-uttar-pradesh-22-gw-solar-fy27/" target="_blank" rel="noopener">approved</a> the grid connectivity at full capacity to the 800 MW Al Kharsaah solar power project in November last year.
The project can supply 10% of Qatar&#8217;s peak power consumption and likely offset 26 million tons of carbon emissions during its lifetime. Al Kharsaah is said to be the world&#8217;s largest solar project using a tracking system and bifacial modules. The project is located 80 km west of Doha and is the third-largest single-location solar power project worldwide.
According to a <a href="https://mercomindia.com/early-rollout-fiscal-policy-reduce-emissions-middle-east-central-asia/" target="_blank" rel="noopener">study</a> published in November last year, to reduce annual greenhouse gas (GHG) emissions in 2030 by 13-21%, the Middle East and Central Asian nations must plan and introduce a fiscal policy to achieve the goal.
While 32 countries have pledged to limit GHG emissions, the IMF report outlined that governments must integrate climate policies into national economic strategies and reduce their per capita emissions by around 7% over the next eight years.
According to Mercom&#8217;s <a href="https://mercomindia.com/product/mercoms-india-solar-market-leaderboard-1h-2022-market-shares-and-profiles" target="_blank" rel="noopener">India Solar Market Leaderboard 1H 2022</a>, JA Solar was one of the five leading solar module suppliers to the Indian solar market during the first half of the calendar year 2022.

JA Solar to Supply Modules for 875 MW Solar Project in Qatar

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					</table>Here are some noteworthy cleantech announcements of the day from around the world:
The Uttar Pradesh Government approved the &#8216;Solar Energy Policy, 2022,&#8216; revising its proposed target upwards to 22 GW of solar capacity by FY 2026-27. The government had <a href="https://mercomindia.com/uttar-pradesh-proposes-to-install-16-gw-solar/" target="_blank" rel="noopener">proposed</a> a 16 GW solar capacity target in its draft policy earlier this year. The approved target capacity includes 14 GW of utility-scale power projects, 6 GW of rooftop solar projects, and 2 GW of distributed solar projects. The Uttar Pradesh New and Renewable Energy Development Agency (<a href="http://upneda.org.in/" target="_blank" rel="noopener">UPNEDA</a>) has been designated the nodal agency for implementing the policy.
The Himachal Pradesh Electricity Regulatory Commission <a href="https://hperc.org/new1/File/ghanvi27-2022.pdf" target="_blank" rel="noopener">determined</a> a project-specific levelized tariff of ₹3.16 (~$0.038)/kWh for the Ghanvi-II small hydro project, which will be applicable from the commercial operation date, i.e., April 3, 2014. Himachal Pradesh State Electricity Board had filed a petition with the regulatory body for the determination of capital cost and project-specific levelized tariff for the sale of power from Ghanvi II, a 10 MW small hydropower project located on Ghanvi river in the Shimla district of Himachal Pradesh.
Larsen &amp; Toubro <a href="https://www.larsentoubro.com/pressreleases/2022-11-24-lt-construction-wins-a-significant-order-for-its-heavy-civil-infrastructure-business/" target="_blank" rel="noopener">secured</a> an order from the Greenko group for civil and hydromechanical works to develop an off-stream pumped storage project in Madhya Pradesh. The project will be executed within 30 months through a consortium led by Larsen &amp; Toubro. Upon completion, the project will be one of India&#8217;s largest clean energy projects of its type. The Gandhisagar project, designed to meet a pumped storage capacity of 10,080 MWh, envisages the creation of an upper reservoir near Khemla block village in Madhya Pradesh while the existing Gandhisagar reservoir will be the lower reservoir.
The Al Kharsaah, an 800 MW solar power project in Qatar, <a href="https://www.prnewswire.com/news-releases/light-up-qatars-carbon-neutral-world-cup----800mw-solar-power-plant-in-qatar-constructed-by-powerchina-connected-to-the-grid-301686633.html" target="_blank" rel="noopener">achieved</a> grid connectivity at full capacity. The project, located 80 km west of Doha, is said to be the world&#8217;s largest solar project using a tracking system and bifacial modules. It is also the third-largest single-location solar power project in the world. Qatar hopes to use this project to promote clean energy development in the country. Al Kharsaah can supply 10% of Qatar&#8217;s peak power consumption and offset 26 million tons of CO2 emissions over its lifetime.
ib vogt, a Berlin-headquartered solar developer, <a href="https://www.ibvogt.com/home/vogt-news/ib-vogt-starts-construction-on-149-mwp-project-in-spain-signs-ppa-with-google.html" target="_blank" rel="noopener">started</a> the construction of the 149 MW Garnacha solar power project located in the province of Zamora in Spain. The company signed a power purchase agreement (PPA) with Google for 12 years, and the project is expected to be commercially operational by October 2023. The project is located near the city of Toro and covers an area of 224 hectares of land. With an output of up to 300 GWh per year, the project would provide electricity equivalent to the average consumption of 85,000 households while saving up to 50,000 tons of CO2 per year.
Harmony Energy, a UK-based renewables developer, <a href="https://www.harmonyenergy.co.uk/general/harmony-energy-income-trust-brings-europes-largest-battery-energy-storage-system-online/" target="_blank" rel="noopener">announced</a> the successful commissioning of the 196 MWh – Pillswood project in East Yorkshire in the UK. The project has deployed a Tesla two-hour megapack system, which can store up to 196 MWh of electricity in a single cycle. The project site is located adjacent to National Grid&#8217;s Creyke Beck substation, the same connection point proposed for phases&#8217; A&#8217; and &#8216;B&#8217; of the world&#8217;s largest offshore wind farm, Dogger Bank, which is set to become operational in summer 2023. The project will be operated through Autobidder, Tesla&#8217;s algorithmic trading platform, which has demonstrated its efficiency in managing the Holes Bay and Contego projects – two existing battery storage projects also developed by Harmony Energy.
Voltalia, an international player in the renewable energy space, <a href="https://www.voltalia.com/news-releases/news-release-details/voltalia-signs-350-megawatt-solar-power-supply-contract-renault" target="_blank" rel="noopener">announced</a> the signing of a contract with the Renault Group to supply 350 MW of solar power, representing approximately 500 GWh per year. The agreement is considered one of France&#8217;s largest renewable electricity supply contracts. Renault Group has announced its intention to accelerate the decarbonization of its plants in France, and the agreement with Voltalia will enable them to cover up to 50% of the electricity consumption of its production activities in France by 2027. Voltalia will install 100 MW of solar panels at its sites in France starting in 2025.
AMEA Power <a href="https://ameapower.com/amea-power-to-expand-the-capacity-of-its-solar-project-in-togo-creating-west-africas-largest-solar-plant/" target="_blank" rel="noopener">announced</a> the expansion of the &#8216;Sheikh Mohamed Bin Zayed Solar Power Project&#8217; in Togo from 50 MW to 70 MW, making it the largest solar project in West Africa. Located in the village of Blitta, the project will provide power to more than 222,000 households and include a 4 MWh battery energy storage system. Phases 1 and 2 of the project were fully developed by AMEA Power during the COVID-19 pandemic and took less than 18 months to complete from their initial inception. Both project phases became operational in June 2021.

Daily News Wrap-Up: Uttar Pradesh to Install 22 GW Solar Capacity by FY27

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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-apg-acquires-49-stake-in-gemini-solar-storage-project/" target="_blank" rel="noopener">Mercom Capital Group</a>
APG, a Netherlands-based pension asset manager, <a href="https://www.businesswire.com/news/home/20221012005445/en/Quinbrook-and-Primergy-Solar-Partner-with-APG-on-Gemini-Solar-Storage-Project" target="_blank" rel="noopener">agreed</a> to acquire 49% equity ownership in the $1.2 billion 690 MWAC Gemini Solar + Storage project on behalf of its pension fund client ABP from Quinbrook Infrastructure Partners, an investment manager focused exclusively on the new infrastructure needed for the energy transition, and its portfolio company Primergy Solar.
QatarEnergy, a state-owned petroleum company of Qatar, <a href="https://www.qatarenergy.qa/en/MediaCenter/Pages/newsdetails.aspx?ItemId=3729" target="_blank" rel="noopener">signed</a> a purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49% interest in Siraj Energy, a solar project developer. Siraj Energy has a 60% interest in Siraj (1) which owns and will operate the Al-Kharsaa Solar Photovoltaic (PV) Independent Power Project, Qatar’s first and largest PV project with a total installed capacity of 800 MW.
IBC SOLAR Energy, a division of German photovoltaics specialist IBC Solar AG, <a href="https://mercomcapital.com/ibc-solar-energy-sells-120-mw-of-solar-projects/" target="_blank" rel="noopener">sold</a> two solar projects of 120 MW in Poland to Afcon Renewable Energy, a subsidiary of Afcon Holdings. Afcon Renewable Energy will complete the development of the projects up to the readiness to build stage through development agreements signed with local entrepreneurs. The agreement with Afcon underlines IBC SOLAR’s expansion of business activities in Poland. The company has recently founded a new subsidiary in Poland and expanded its local capacities.
Eolus, a renewable energy developer, <a href="https://mercomcapital.com/eolus-sells-a-750-mw-solar-and-battery-storage-project-in-arizona/" target="_blank" rel="noopener">signed</a> an agreement to sell a 750 MW solar and battery storage project in Arizona, US. The project is Eolus’ third to be sold in the United States. The buyer is a United States-based portfolio company backed by a large publicly traded global private equity investment firm. The project is a mid-stage development asset expected to have an initial aggregate capacity of 750 MWac solar photovoltaic generation and battery storage capacity. Commissioning is currently planned for 2025.
TagEnergy, a company focused on developing, financing, construction, and asset management of wind, solar, and storage projects, <a href="https://tag-en.com/50mw-battery-storage-acquisition/" target="_blank" rel="noopener">acquired</a> the 50 MW Pitkevy battery storage project from ILI Group, a clean energy development company focused on energy storage in the UK. The project is located in Scotland and will connect to the grid in 2024. ILI Group is developing over 4 GW of energy storage projects in the UK, with a project pipeline comprising 2.5 GW of Pumped Storage Hydro and 1.9 GW of Battery Storage.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, smart grid, and efficiency sectors, click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week’s project finance <a href="https://mercomindia.com/project-finance-brief-neoen-completes-battery-storage-project/" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: APG Acquires 49% Stake in Gemini Solar + Storage Project in Las Vegas

A special purpose company (SPC) formed by Japan’s <a href="https://www.marubeni.com/en/" target="_blank" rel="noopener noreferrer">Marubeni Corporation</a>, France-based Total Solar International and <a href="http://www.sirajpower.com/" target="_blank" rel="noopener noreferrer">Siraj Energy</a> of Qatar has signed a power purchase agreement (PPA) with Qatar General Electricity and Water Corporation (KAHRAMAA) to develop 800 MW of solar projects.
The collaboration has an equity holding of 20.4% by Marubeni Corporation, 19.6% by Total, and 60% by Siraj Energy. Siraj Energy is a joint venture between Qatar Petroleum (40%) and QEWC (Qatar Electricity &amp; Water Company, 60%).
With an estimated cost of QR 1.7 billion (~$462.5 million), the large-scale solar power project will be constructed at Al-Kharsaah area west of Doha on a 10 square kilometer land and is expected to be equipped with 2 million bifacial solar modules with trackers. The special purpose company will develop, construct, and operate and maintain the solar PV project.
According to the statement, the commercial operation date has been tentatively scheduled for April 2022, at which time the facility will start producing power, which will be purchased by KAHRAMAA for 25 years. The project follows a Build, Own, Operate, and Transfer (BOOT) model.
This project is said to be the first large-scale solar project in Qatar. It is said to represent around 10% of the peak electricity demand of the country and reduce the carbon emissions of Qatar by 26 million tons during the life of the project.
His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “This project also comes as part of the energy sector’s contributions towards Qatar’s commitment to host the FIFA 2022 World Cup. It will generate about eight times the size of the solar energy Qatar had pledged to build, helping the organization of a carbon-neutral event.”
In July 2019, Noor Abu Dhabi, the world’s largest single-site solar power project with an installed capacity of 1,177 MW at Sweihan, was successfully <a href="https://mercomindia.com/single-site-solar-sweihan-abu-dhabi/" target="_blank" rel="noopener noreferrer">commissioned</a>. The project is a joint venture between the government of Abu Dhabi and Marubeni Corporation and China’s Jinko Solar Holding. In this joint venture, Marubeni had an equity holding of 20%.
In November 2018, <a href="https://mercomindia.com/oman-100-mw-solar-marubeni-consortium/" target="_blank" rel="noopener noreferrer">Mercom</a> reported Petroleum Development Oman, a state-owned oil producer in Oman, announced that it allocated a 100 MW solar project to the Marubeni Consortium comprising the Marubeni Corporation as the lead founder.

Marubeni, Total and Siraj Energy to Develop 800 MW of Solar Projects in Qatar

In an important development, the Qatar Investment Authority (<a href="https://www.qia.qa/" target="_blank" rel="noopener noreferrer">QIA</a>) has signed an agreement to invest ₹32 billion (~$450 million) for a 25.1% stake in Adani Electricity Mumbai Limited (AEML).
As part of the transaction, both the entities have agreed to ensure that over 30% of the electricity supplied by AEML will be sourced from solar and wind power projects by the year 2023.
The AEML is a 100% subsidiary of Adani Transmission Limited (<a href="https://www.adanitransmission.com/" target="_blank" rel="noopener noreferrer">ATL</a>). ATL was formed post the acquisition of Anil Ambani’s Reliance Infrastructure Limited&#8217;s integrated generation, transmission, and distribution utilities powering Mumbai city. It is the largest integrated power utility in the country.
According to Adani Electricity Mumbai, its total distribution network spans over 400 sq km catering to the needs of 2.9 million customers. Its market share of Mumbai is approximately 87% by license area, 67% by consumers served, and 55% by electricity supplied.
Chairman of the Adani Group, Gautam Adani, commenting on this latest development, said, “We are delighted to embark on this partnership with the Qatar Investment Authority. Together, we will continue to work towards improving the reliability of supply, and consumer satisfaction for over three million AEML consumers served in Mumbai. We believe this transaction is a significant step in the journey of the Adani Group, marking the start of a long-term partnership with QIA.”
The transaction is expected to be completed by early 2020, subject to regulatory approvals.
Earlier this year, the Maharashtra Electricity Regulatory Commission (MERC) had <a href="https://mercomindia.com/adani-to-remove-dcr-700-mw-solar-auction/" target="_blank" rel="noopener noreferrer">approved</a> AEML’s request to initiate the bidding process for 700 MW of solar without the domestic content requirement condition through an e-reverse bidding process. The MERC had decided to allow the change after going through a petition filed by the AEML seeking a deviation from standard bidding guidelines.
Adani Transmission Ltd, last month, <a href="https://mercomindia.com/adani-power-transmission-gujarat-renewable-energy-evacuation/" target="_blank" rel="noopener noreferrer">received</a> two Letters of Intent from REC Transmission Projects Company to develop two transmission projects in the state of Gujarat. The projects were to be established on a build, own, operate, and maintain basis.

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