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Senvion secures largest Indian 300 MW EPC project from Alfanar Company

Senvion, a leading global manufacturer of wind turbines, has been awarded a 300 MW project by Alfanar one of Middle East's leading clean energy companies, to deliver the Bhuj Wind Project (part of Round 3 bidding from Solar Energy Corporation of India Limited a company of the Ministry of New and Renewable Energy, Government of India) in Gujarat, in a sign of growing emphasis on renewable energy in India.

The project scope will comprise supply and installation of 131 Senvion 2.3M120 turbines at 120m height and the full EPC scope including electrical and civil works. The project is slated to be commissioned within the next 18 months. The project scope also includes a 10 year comprehensive operations and maintenance (O&M) contract. When commissioned this project will generate enough clean power to supply the power needs of almost 290,000 Indian homes.

Mr David Hardy CSO of Senvion said that "Alfanar and Senvion have a global strategic relationship to win together globally and success in India is a key demonstrator of the relationship. This win clearly demonstrates that Senvion has come of age in India for a long term play with the set-up of execution teams, production facilities, a operational service center and largest R&D center outside of its home base Germany. We expect a very busy time ahead in Indian market.'

Mr Jamal M Wadi CEO of Alfanar Energy said that "As a key player in the power industry in the Middle East since 1976, our commitment to excellence has been instrumental in expanding alfanar's portfolio and our geographical expansion, particularly in developing clean energy. India continues to be a promising market, particularly in its recent shift to renewable energy development made possible by the vision and support of the Government of India. The 300MW winning of the Bhuj Wind Project brings our total global portfolio in Solar, Wind and Waste to Energy projects to 1.4GW. Considering the expertise of Senvion, we look forward for a timely completion of the project."

Mr Wasim Mallouhi, General Manager, alfanar added that "Efficiency and the sustainable performance of the turbines were our primary requirement from the EPC for this project. Further, with a strong strategic plan for India's booming renewable market, we had to ensure that the EPC for this project had to be in capable hands and we are glad that Senvion could meet with our stringent demands.”

Mr Amit Kansal, CEO and Managing Director of Senvion India, said that "It is a very satisfying win as Alfanar and Senvion tied-up together upfront to win this project in a competitive auction. The success of such project depends on pre-engineering and optimization which helps not only in winning but in executing later which was done to win this project. The two team are now working relentlessly to meet the commissioning timelines and to build a world class project. Senvion is proud of its contribution towards the vision of Indian government to achieve 175GW of installed renewable power in the country by 2022.”

Source : Strategic Research Institute
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Middle East to add 12 GW of wind capacity over next 10 years

Wind power markets in the Middle East will add 12 GW of new capacity between 2018 and 2027, according to MAKE’s 2018 Middle East Wind Power Outlook. The region will benefit from improved macroeconomic stability, which will generate strong growth for power demand.

wind farm
Wind power markets in the Middle East will add 12 GW of new capacity between 2018 and 2027.

In addition, a desire to diversify economies, significant reductions in wind power levelized cost of electricity, and a fast-growing population will catalyse wind power market development in the region, the report states.

Saudi Arabia, Iran, and Jordan are key drivers of this growth, comprising nearly 70% of total wind power capacity added over the outlook period. Anticipating its first commercial project in 2019, Saudi Arabia will award 1.2 GW of wind capacity in 2018 and start commissioning projects toward the second half of next year. In Iran, the improving financing environment will support wind market growth after 2020.

Backed by its Green Corridor Project, Jordan will add more wind power capacity in 2018 than any other country in the Middle East. The Green Corridor Project II will support the long-term outlook with the construction of necessary grid infrastructure for renewable energy projects.

Growth in smaller emerging markets in the region, such as Israel, Lebanon, or Oman, is deeply dependent on performance of individual projects, according to the report. Additionally, reaching political stability in conflict zones like Syria, Iraq, and Yemen will support wind power development in these countries from 2022.

In the long-term, political risk and favorable conditions for solar PV may restrict wind power growth in the region. Neither Saudi Arabia nor Iran, for example, have set long-term wind power targets, a fact that could slow market growth from 2023.

Moreover, solar PV is rapidly becoming the preferred technology in the region, the report states. The cost position and solar resources in the region create a considerable threat to wind power development.

However, as costs for wind come down and a track record is established, wind power development will accelerate. Several large projects are expected to come online in 2018, resulting in significant YoY growth and heralding a period of sustained annual capacity additions in the region.

MAKE’s Middle East Wind Power Outlook is a 40-page report containing 40-plus charts, tables, and graphs providing in-depth analysis of the wind power markets in the Middle East. The report studies the key drivers and barriers for new wind power installations in the region with a focus on specific national and sub-regional markets. The analysis focuses on macro conditions, regulatory frameworks, 10-year market outlooks, and a forecast scenario (bull, base, and bear) for Saudi Arabia. Market models are illustrated, demonstrating the critical forces that are shaping demand for new wind power generation assets.

Source : windpowerengineering
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Suzlon to sell 300 MW of wind power assets - Report

Live Mint quoted two people aware of the development as saying that Suzlon Energy Ltd, which is exploring the sale of 300 megawatts of wind power assets, has hired an investment bank to manage the process. One of the two people, requesting anonymity said that the assets are part of Skeiron Renewable Energy, a renewable energy platform set up by Suzlon along with private equity investors Olympus Capital and Asia Climate Partners.

In January 2017, Mint had reported that Suzlon was set to raise INR 800 crore ($120 million) from Asia Climate Partners and Olympus Capital Asia to create a renewable energy platform.

The person cited above said that “They have recently appointed investment bank Kotak Mahindra Capital to explore the sale of the assets housed under the Skeiron platform, which currently holds around 300MW of wind power assets, both developed and under development.”

The person added that however, the talks are at an initial stage and might not necessarily result in the proposed sale.

A spokesperson for Skeiron said that “We deny any such development, it is baseless and speculative.”

Over the past couple of years, the renewable energy sector has witnessed several transactions.

Source : Live Mint
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NIWE extends EoI deadline for 1 GW offhshore wind energy

National Institute of Wind Energy has extended the deadline for submission of expression of interest to June 8 from May 25 and also relaxed eligibility norms for 1GW offshore wind capacities to be set up off the Gujarat coast. The NIWE, which is an autonomous body under Ministry of New and Renewable Energy, had invited expression of interest (EoI) last month for 1GW offshore wind capacities to be set up off the Gujarat coast.

In corrigendum issued, the NIWE said the interested bidder can submit their EoI proposal by 1700hrs on June 8, 2018 instead of May 25, 2018.

Relaxing the eligibility criteria, the corrigendum stated that the global entities having experience of installing offshore wind projects of more than 250 MW will be eligible.

Initially, the NIWE had said the global entities having experience of installing offshore wind projects of more than 500 MW will be eligible.

The EoI notice provided that the final selection of developer of the first offshore wind farm will be taken up through competitive bidding only. But now the shortlisted parties will be consulted for preparation of bidding documents.

Earlier, the coordinates were given for setting up the offshore wind capacities. Now, it provides that the project site may not be restricted to the coordinates given earlier. The interested bidder may select any location within the EEZ (exclusive economic zone) of India subject to clearance from concerned ministries/departments as per National Offshore Wind Energy Policy.

Source : Economic Times
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Suzlon announces Q4 result

Suzlon Group, India’s largest renewable energy solutions provider, today announced its fourth quarter (Q4 FY18) and annual results of financial year 2017-18 (FY18). Mr Tulsi Tanti, Founder & CMD, Suzlon, said, “With over 34 GW installations, the Indian wind sector is highly mature and is geared to unlock the 300 GW potential. With 7.5 GW already auctioned, 9.5 GW auctions announced and another 6 GW to be auctioned in H2, over 23 GW of volumes will potentially be executed between FY19-FY21. Further, wind tariffs seem to be bottoming out, which is also a positive sign for the sector. There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind-solar hybrid, repowering, captive, and feed-in-tariff for small projects upto 25 MW. We clearly see India as a 10-12 GW per annum market. At Suzlon, our R&D efforts will continue to focus on leveraging technology for developing products with higher energy yield, reducing Levelized Cost of Energy (LCoE) and maintaining our cost competitiveness.”

Mr JP Chalasani, Group CEO, Suzlon, said that “FY18 performance is a testament of our resilience, competitive-edge and agility to adapt to the changing market dynamics. We delivered the highest wind installations in India and continue to remain the market leader, amidst industry’s transition to the bidding regime. We also successfully commissioned our entire 340 MW solar projects. Our vertically integrated manufacturing capabilities, strong presence pan-India and across all customer segments, superior O&M capabilities and world-class technology gives us a competitive edge in the current high volume environment. This is also evidenced in the fact that we have the largest share of order win from capacities auctioned till date. In FY18, we launched three new turbines viz. S111-140, S120 and S128. This will strongly boost our product competitiveness in the current bidding regime We will remain cost competitive by leveraging India as the manufacturing hub and focusing on cost-optimisation, operational excellence, rapid execution and new product development.”

Ms Kirti Vagadia, Group Chief Financial Officer (GCFO), Suzlon, said that “We have successfully navigated the volatile external environment in FY18, with our clear focus on project execution and cost-optimization across the board. During FY19, we will continue to extensively focus on cost optimization and improving the net working capital efficiency. We also remain committed to reduce our debt by 30-40% through combination of asset monetization and operational cash flows.”

Suzlon Group Q4 FY18 and Annual financial performance (FY18) at a glance (consolidated):

Revenue
FY18 at INR 8,292 crore
Q4 FY18 INR.2,236 crore
Operating Performance

EBIDTA (Pre forex)
INR 1,149 crore in FY18; EBITDA margin at 13.9%
INR 319 crore in Q4 FY18; EBITDA margin at 14.3%

EBIT (Pre forex)
INR 807 crore in FY18; EBIT margin at 9.7%
INR 218 crore in Q4 FY18; EBIT margin at 9.7%
Net Loss of INR 384 crore in FY18; Net loss of INR 470 crore in Q4 FY18

Debt
Consolidated net term debt (excluding FCCB) at INR 6,037 crore
Working capital debt at INR 3,889 crore

Source : Strategic Research Institute
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Siemens Gamesa named preferred supplier for Taiwan wind power project

Siemens Gamesa Renewable Energy intensifies its cooperation with wpd offshore in the preparation of the Yunlin offshore wind power project in Taiwan. The project, to be located approximately six kilometers from shore in the Taiwan Strait, will reach a total capacity of 640 megawatts. The LoI, which is still subject to final contract, will remain valid until July 2019. It was signed based on the use of 80 units of SGRE’s latest offshore wind turbine, the SG 8.0-167 DD, including a 15-year long-term service agreement. Construction will start in 2019, with turbine installation beginning in 2020.

Mr Andreas Nauen, Offshore CEO at Siemens Gamesa Renewable Energy said that “We are delighted to have been selected by wpd and glad to confirm today that our cutting edge offshore wind turbine, the SG 8.0-167, is ready for the Taiwanese market from 2020. We look forward to this preferred supplier agreement soon becoming a confirmed order.”

Mr Niels Steenberg, SGRE General Manager Offshore for the APAC region added that “As the first large scale project in the APAC region it will play a crucial role in the development of the offshore wind industry in Taiwan. Today, we are closely working with wpd to meet the targeted timeline, and ensure required infrastructure will be in place for successful implementation.”

With a target of 520 megawatts installed by 2020, and a capacity of 3.8 gigawatts for offshore wind projects in the first round of its grid allocation mechanism, the Taiwanese government has sent strong signals to establish an offshore industry starting in 2020. To support this ambitious goal, Siemens Gamesa has already signed several Memoranda of Understanding with local partners.

Siemens Gamesa’s Offshore CEO Andreas Nauen said that “We place great value in joining forces to help achieve the government’s targets. With the intensified cooperation of SGRE with our long-standing customer wpd, strong partners are now driving the implementation of an early utility-scale offshore project forward. Further work we are doing with separate MoU partners including Taiwan International Ports Corporation, Yeong Guan Energy Technology Group, and Swancor Holdings Co. are all aimed developing the Taiwanese offshore wind industry.”

Source : Strategic Research Institute
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India wind energy capacity addition at 3-3.5 GW in FY19 – ICRA

Millennium Post reported that wind energy capacity addition is estimated at about 3-3.5 GW in FY2019 and the viability of bid tariffs and inter-state connectivity will be key headwinds for developers, ratings agency ICRA said on Monday. The project awards so far are expected to improve the capacity addition in the wind power segment to about 3 to 3.5 GW in FY2019 against 1.7 GW in FY2018, ICRA said in a statement.

The Ministry of New and Renewable Energy along with the distribution utilities in Gujarat, Maharashtra and Tamil Nadu have awarded wind-power capacity of 7.6 GW over the past 15 months and another 10 GW each are proposed to be awarded in FY2019 and FY2020. This is in line with the trajectory of project awards announced by the MNRE in November 2017 to achieve the cumulative wind capacity target of 60 GW by FY2022.

However, on a cautious note, the winning bidders in these auctions face the twin challenges of project viability at the quoted tariffs and securing connectivity and long-term access to inter-state transmission network.

Mr Girishkumar Kadam, Sector Head and Vice President, ICRA Ltd said that "While the regulations recently notified by the Central Electricity Regulatory Commission (CERC on connectivity for renewable energy projects are positive for these developers, the adequacy of the existing inter-state transmission infrastructure in the states with high wind potential remains a challenge.”

Source : Millennium Post
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Van Oord chosen as contractor for 640MW Taiwan Project

Van Oord has been designated as preferred contractor for a large 640 MW offshore wind project in Taiwan. By obtaining this contract, Van Oord has taken a firm first step on the Asian offshore wind market. This Yunlin project has a contract value of approximately EUR 500 million.

The Yunlin offshore wind project is being developed by the German project developer wpd. Van Oord is responsible for the design, manufacturing and installation of the eighty foundations. Preparations for the wind farm, which will be constructed eight kilometres off the coast of the Yunlin prefecture, starts immediately.

The offshore wind strategy of Taiwan is driven by the desire to phase out nuclear energy. High wind speeds, manageable distances in terms of coastal and water depth and a progressive government policy make offshore wind an attractive energy alternative. The aim of the Taiwanese government is to install 5.5 GW of offshore wind projects by 2025. The Yunlin project is part of the Taiwanese government's feed-in tariff ("FIT") programme. This means that it is connected to the Taiwan network and allows a long-term power contract of 20 years. In 2020, about 350 MW must be connected to the grid, with the remaining part following in 2021.

In Asia, and especially in Taiwan, large investments are being made in offshore wind. The Yunlin project is a great opportunity for Van Oord to show our expertise outside Europe. We look forward to working with our local partners to enable the energy transition of Taiwan.

Financial Close is expected at the end of 2018. At the start of 2020, the first foundations will be available for installation. The installation period will also take place in 2020. Monopiles, scour protection, transition pieces and turbines will be installed in succession.

The Yunlin project is the first Van Oord offshore wind project in Taiwan and also its first wind contract outside Europe. However, Taiwan is familiar territory due to previous dredging and offshore projects. At the end of 2017, Van Oord completed one of Taiwan's largest land reclamation projects. With the creation of 250 hectares of new land in the Port of Kaohsiung, Van Oord made a positive contribution to the economic development of the country, as a result of which Van Oord received the Golden Quality Award. This award is an important recognition from the Public Construction Commission of the Taiwanese government.

Source : Strategic Research Institute
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Sterling and Wilson plant to enter wind power business

Live Mint reported that solar power company Sterling and Wilson Pvt. Ltd plans to enter the wind energy business in 2018-19 to become an integrated clean energy player. Mr Khurshed Daruvala managing director said that the Shapoorji Pallonji group company is also interested in entering power transmission, and is scouting for possible acquisitions in India and abroad.

Mr Daruvala said that “We are constantly quoting for wind projects are in discussions for a few.” In the next few months, Daruvala also wants to set up a battery manufacturing plant in India, although he declined to give details of the location of the plant and potential investment.

He added that “We want to build a containerised energy storage solution on our own. This allows us to provide hybrid power solutions. By hybrid, I mean two sources of power - say, a combination of solar and diesel - with or without storage.”

Sterling and Wilson’s revenues crossed INR 10,000 crore in FY18, with solar engineering, procurement and construction accounting for INR 6,900 crore. In seven years since entering the solar EPC business, Sterling and Wilson has installed solar capacity of a little over 3GW and has another 2.7GW of under-construction capacity and new confirmed orders, both in India and abroad.

Mr Daruvala said the company has projected revenue targets of INR 15,000-16,000 crore for FY19, with solar EPC accounting for roughly INR 10,000 crore of this.

Source : Live Mint
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Strong winds push wind power generation in Gujarat to 4,280 MW

Times Of India reported that High wind velocity in coastal areas of Saurashtra region has increased state’s wind power generation which reached a record level of 4,280MW Friday last. Electricity generation from wind remained above 3,500MW on Saturday and Sunday as well.

The higher generation of electricity from wind has also helped state-run Gujarat Urja Vikas Nigam Limited reduce its dependence on open market to meet power demand in the state. As against the 5,574MW installed capacity, wind power generation stood at 3,000MW on Monday evening.

Mr KK Bajaj, a city based energy and regulatory expert said that “Increased wind power will reduce burden on electricity consumers as less power is sourced from Indian Energy Exchange, where rate of electricity ranged from INR 4.25 to 4.70 per unit. As against this, wind power in the state costs INR 3.76 per unit.”

With no resumption of contracted power supply under power purchase agreements by two private sector companies, GUVNL has been forced to manage power from open market. The apex utility had to purchase upto 72 million units on June 1 from IEX. However, with higher contribution from wind energy, GUVNL’s electricity purchase from the exchange stood at around 23 million units on June 17.

Source : Times Of India
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Gujarat government announces Wind-Solar hybrid power policy

Times Of India reported that to boost solar and wind power generation in the state, the Gujarat government has announced a new Wind-Solar Hybrid Power Policy. Energy minister Saurabh Patel and minister of state for energy Pradeepsinh Jadeja told the media that the policy is meant to promote the production of wind and solar power simultaneously. Under the policy, developers can set up wind power unit on the land meant for a solar power unit, or vice versa. The policy allows the establishment of wind-solar hybrid power producing units. The objective of the new policy is the optimum utilization of land and grid land for clean energy.

The electricity produced from such hybrid wind and solar units will be exempted from electricity duty, allowing land use for dual purpose. The new policy has the provision for 50% exemption from electricity duty for selling electricity to a third party. For hybrid captive plants, total exemption will be given from cross-subsidy surcharge and additional surcharge, and 50% relief in wheeling charges and distribution loss.

Those who already have third party sale agreement with Gujarat Urja Vikas Nigam Ltd can continue with the arrangement in line with their capacity. New developers can decide the capacity of the wind-solar hybrid unit in accordance with the renewable power purchase agreement with the consumer.

Moreover, group captive companies can set up hybrid projects with 100% investment share in the same ratio for the consumption. Gujarat currently produces approximately 5,500MW of wind power and 1,600MW of solar power, totalling 7,100MW of green energy.

Source : Times Of India
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Turkey plan to build 1200 MW wind plant

DAILY SABAH reported that Turkey plans to build a 1,200-megawatt offshore wind plant, which will be the world's largest offshore farm and first of its kind in the entire Mediterranean region.The Energy Ministry has launched the bidding process for Turkey's first and the world's largest offshore wind farm, and estimates indicate that the investment will cross USD 2 billion

Turkey's first and the world's largest offshore wind power farm is estimated to cost USD 2-3 billion in accordance with changing state-of-the-art technologies. The facility is to start power generation in 2023.

According to the tender specification for the Renewable Energy Resource Areas Offshore Wind Power Farm, bids will be accepted until 12 AM Oct. 23.

After examining the applications, firms will compete in a Dutch auction model. The ceiling price has been set at USD 8 kilowatt-hour (kWh).

According to the Dutch auction model, investors who bid the lowest feed-in tariff price will be contracted for the wind power farm project for the generation of 50 terawatt-hour electricity.

The 1,200-megawatt (MW) offshore plant is to be located in Turkish continental waters in Saros in northwestern Turkey, Gelibolu ?arköy in western Marmara and K?y?köy in Thrace. The investor, who will be contracted for the project, will establish the offshore wind power plant by choosing two of the listed areas on the condition of carrying out necessary measurements and surveys. The investor must start work on an 840-MW power plant and then continue with the remaining part to reach 1,200 MW.

The General Directorate of Renewable Energy under the Ministry of Energy and Natural Resources will be notified of the second part of the project within 42 months following the signing of the contract and is obliged to start operations at the plant within 72 months of the contract date.

According to the tender specifications, the investor must separately apply for a pre-license for the obligatory 840-MW plant and the remaining part. The license period for the offshore YEKA is 30 years.

The world's largest offshore wind farm will be a first of its kind with high technology in the entire Mediterranean region.

Around 60 percent of the turbines for the plant will be domestically manufactured in partnership with Turkish organized industrial zones. 80 percent of the engineers working on the project will be Turkish. The base of the wind turbines will be installed 50 meters below the surface. Each turbine will have an installed capacity of 6 MW.

Turkey's first wind power farm is expected to contribute to various sectors including logistics, cable production and manufacturing. The platforms and transforms will be manufactured domestically. The local industry, which will be integrated into the offshore wind power YEKA, will acquire experience for future projects since the Mediterranean is considered to hold vast potential.

Source : Daily Sabah
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Vestas extends leadership in Japan with 47 MW order

Vestas reinforces its leading role in Japan’s renewable energy market with 47 MW order and continues to support the country’s ambition of installing 10 GW of wind energy by 2030. The order includes supply and installation of 13 V117-3.45 MW turbines, delivered in 3.6 MW Power Optimised Mode, as well as a service agreement.

Mr Clive Turton, President of Vestas Asia Pacific said that “Japan’s energy market has undergone significant changes over the past few years, and wind is becoming a much more important energy source. Vestas has been the market leader in Japan for many years and continues to support the efforts to reach the country’s renewable energy targets. With Vestas’ experience in the market, and our expertise in developing customised solutions to fit customer needs, I look forward to being a big part of the further development of Japan’s renewable energy market.”

Vestas installed its first turbines in Japan in 1995 and has since then installed a total of 532 MW, making Vestas the leading wind energy solution provider in the Japanese market.

Source : Strategic Research Institute
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Odessa inks pact for 192 MW of wind projects

Renewables Now reported that Odessa Regional State Administration in Ukraine announced that one American and one Lithuanian company will invest a total of EUR 270 million (USD 315 million) in the region’s wind power sector.

Ukraine Power Resources LLC a company founded and headed by American entrepreneur Peter Gish, plans to build a 120-MW wind farm, while Yuzhne Energy LLC of Lithuania intends to add 72 MW of wind power capacity. The two firms have entered into a memorandum of cooperation with the regional state administration to execute their projects in Liman district.

UKR intends to erect a total of 26 wind turbines between the villages of Viszir and Lubopil as part of a project that would create about 100 new jobs. The Lithuanian company, in turn, wants to build a 19-turbine wind farm.

Maxim Stepanov, the head of the Odessa Regional State Administration, commented that the two investors will receive maximum assistance for their projects.

Source : Renewables Now
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India has embarked upon an ambitious plan to install 227 GW of renewable energy by 2022

Financial Express reported that India has embarked upon an ambitious plan to install 227 GW of renewable energy by 2022. Solar energy forms more than 65% of this 227 GW dream. I call these targets ambitious since, as of today, the installed solar capacity in India is around 21 GW, out of which about 9 GW has been installed in 2017-18. Simple math tells us that we need 20 GW of installations every year until 2022 if we have to meet this ambitious target. This article is an attempt to analyse the role of the solar manufacturing industry in achieving this target and the hurdles that lie on the path ahead.

One of the primary objectives of the National Solar Mission is to achieve energy security through developing indigenous solar manufacturing capacity. Currently, installed capacity for the production of solar cells, which is the basic and the most essential building block for the production of solar power, is 3.1 GW. The installed capacity for the production of solar panels (or modules), which are produced by assembling solar cells, is 9 GW. It is noteworthy that the 21 GW capacity of solar power deployment so far has been largely attained using imported solar cells and solar panels, defeating the whole purpose of reaching energy security.

Generally, any industry is driven by demand-supply norms. In the solar sector too, the domestic industry is trying to cater to the demand but faces severe competition from the cheaper imports. So, what does the domestic industry do in such a scenario? Any industry which feels that there is an “injury” to them because of increased imports can approach the Director General for Trade Remedies to initiate safeguard duty investigation to protect them by imposing a safeguard duty on imports. A safeguard duty is imposed to remedy serious injury caused by sudden, sharp and significant increase in imports and applies to all imports from all countries (barring a few exceptions for goods imported from developing countries having de-minimis share).

The Indian industry has approached the authorities to seek imposition of safeguard duty on imports of solar cells and modules, and provisional safeguard duty was recommended to be imposed at 70% for 200 days in December 2017. Indian solar industry, however, is in a peculiar situation as a large portion of the domestic production capacity, accounting for about 40%, has been set-up in Special Economic Zones, which enjoy certain benefits, primarily to promote exports but also to cater to the Domestic Tariff Area. If the safeguard duty were to be applied, the domestic manufacturers in the SEZ would also be liable to pay the safeguard duty.

Source : Financial Express
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Doosan Heavy to develop Korea largest offshore wind power system

Doosan Heavy Industries & Construction announced that it had been selected as the main contractor for the 8MW Large-Capacity Offshore Wind Power System Development project, a state project sponsored by the Korea Institute of Energy Technology Evaluation and Planning. DHIC, one of the five parties selected from the industry, academia and research sector, will be jointly carrying out the 48-month long project which is valued to be approximately KRW 55 billion.

As the main contractor, DHIC will direct the design, manufacturing and demonstration of the 8MW model; Human Composites will manufacture the blades, and Seil Engineering will design and manufacture the lower section.

The Korea Institute of Material Science will be responsible for blade design support and testing, whereas the Seoul National University(SNU) R&DB Foundation will be responsible for devising measures to reduce blade noise.

The high-efficiency wind power system will be able to generate up to 8 MW of power at an average wind velocity of 10 m/s and have a utilization rate of 30% or higher even when the average wind velocity is 6.5 m/s.

It will be ideal for the Korean environment which is frequently hit by typhoons and low-velocity winds, since it will be designed to be durable enough to withstand even harsh conditions like 70 m/s winds.

Moreover, large-capacity models have the advantage of reducing the Cost of Electricity by saving on installation and power grid costs.

Mr Jinwon Mok, CEO of DHIC’s Power Service BG said that “With this new development, we will be able to expand our wind power system lineup to 8 MW from the current 3 MW and 5 MW lineup. The development of this model will help us aggressively penetrate the overseas wind power market, where the growing trend is for large scale models and it will also help increase the share of local supplier products in the Korean market, where foreign models currently account for more than half of the market share.”

In accordance with South Korea’s 8th Basic Plan for Electricity Supply and Demand, the country plans to increase the installed wind power capacity to a total 17.7 GW by 2030, with offshore wind power accounting for about 14 GW.

According to a report issued by the Global Wind Energy Council in 2017, the overall capacity of all wind power systems installed worldwide is forecasted to rapidly increase to 658GW by 2020 and to 1,454 GW by 2030.

Source : Strategic Research Institute
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ACWA Power inaugurates 120MW Khalladi Windfarm in Morocco

ACWA Power inaugurated its 120 MW Khalladi wind farm in Tangier, which will supply clean power to a number of large industrial companies, mainly operating in the cement sector in Morocco at competitive prices. The wind farm, developed by ACWA Power in collaboration with ARIF investment fund, and located at Jbel Sendouq, 30 km from Tangiers, represents an investment of 1.7 billion dirhams (~170 million USD).

This entirely privately funded investment was financed with equity from ACWA Power and ARIF and long tenor debt, from the European Bank for Reconstruction and Development in collaboration with the Clean Technology Fund, and the Moroccan BMCE Bank of Africa. While ACWA Power, ARIF and BMCE are well established investors in the renewable energy sector in the Kingdom, Khalladi project will be the first renewable energy financing by the EBRD in Morocco.

The 370 GWh of energy that the plant will produce and supply annually to industrial companies is equivalent to a yearly average consumption of a city of 400,000 people and will contribute to the reduction of more than 144,000 tons of CO2 emissions per year.

With renewable energy playing an important role in the overall development of countries in Africa, including Morocco, the Khalladi project will contribute Morocco achieve the 2020 target of increasing renewables energy component of the energy mix to 42% and as part of this ambition to develop 2,000 MW of wind capacity all by 2020.

Mr Mohammad Abunayyan Chairman of ACWA Power commented that “Morocco’s energy sector offers attractive investment opportunities, due to a well-established regulatory framework put in place by the Moroccan government and due to the country having already attracted significant investments in solar and wind energy all of which has made it possible for ACWA Power to, within six years, deliver the NOORo I solar plant (160 MWe) and the Khalladi wind farm (120MW) and a series of other investments in construction which by the end of 2018 will cumulate to 800 MW of generation capacity in the Kingdom.”

Mr Abunayyan added that “Today, we are proud of having been able to establish in Morocco a solid foundation of 7 power plants which will all be operational by the end of this year. With a portfolio valued at over USD 3.2 Billion, we look forward to participating in the future tenders that will be offered to the private sector for power generation and desalinated water production capacity.”

ACWA Power has made significant investments in Morocco, with projects and operations expected to be rolled out over the coming decades. ACWA Power Morocco will serve also as a platform for the development of other energy projects in the continent as the company grows its operations into West Africa.

Mr Paddy Padmanathan, President and CEO of ACWA Power, said that “We are privileged to be contributing to the durability of Morocco’s economic and social development through the implementation an efficient environment friendly energy policy which is bringing online significant capacity of reliable electricity supplies utilizing the renewable energy resources that the Kingdom is richly endowed with thus reducing energy import bill and conserving foreign currency for decades to come. We are also proud to not only be able deliver renewable energy at the lowest possible cost to the industries and people of the Kingdom but also add value to social and economic development of the country and the communities within which our power plants are located by maximising local content and local employment creation and by contributing to community development. Khalladi wind farm is also the first transaction in the Kingdom of Morocco which is eligible to IRECs green credits and has also secured the Gold Standard certification, representing hence ACWA Power’s commitment to dock with Morocco’s vision and UN SDGs to climate and sustainable development.”

Mr Abdellatif Nasserdine Managing Partner of Infra Invest, said that “We are particularly proud of being one of the active co-developers of Khalladi wind farm, which is another significant millstone to the successful achievement of the Moroccan renewable energy ambitious goals”.

Source : Strategic Research Institute
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Indonesia's 1st Wind Turbine Power Plant Inaugurated in South Sulawesi

Indonesian President Joko Widodo inaugurated the country's first wind turbine power plant in Sidrap (South Sulawesi) on Monday (02/07). This plant, which has a total capacity of 75 MW, consists of 30 wind turbine generators (which are the electrical machines used to generate the electricity).

Indonesia's first wind turbine power is projected to be able to supply electricity to 70,000 customers in the region of South Sulawesi, with an average electric power of 900 VA. The realization of the plant is part of government efforts to boost the role of renewable energy toward the country's energy mix. By the year 2023 it is targeted that 23 percent of energy in Indonesia stems from renewable sources such as wind, geothermal or solar.

The Sidrap plant is situated on a 100-hectares plot of land in South Sulawesi. The 30 wind turbine generators each have a height of 80 meters, while its propellers have a length of 57-meters. Meanwhile, the construction of the plant provided employment opportunities to around 1,150 people. And it was also mentioned that 40 percent of the materials (used to build the plant) had been sourced domestically.

In addition to the inauguration of the Sidrap plant, Widodo is also scheduled to inaugurate the Punagaya steam power plant (2x100 MW), owned by state-owned electricity firm Perusahaan Listrik Negara (PLN), and the Jeneponto Expansion (2×135 MW), owned by an independent power producer, on Monday (02/07).

Mr Muhamad Ali, Director of Human Capital Management at PLN, said the company is making efforts so that new power plants can immediately supply energy to the local community. Meanwhile, a new power source also implies that the investment climate in South Sulawesi becomes more attractive as one of investors' key complaints (across Indonesia) is the lack of sufficient energy supply.

These projects are part of the central government's aim to increase the nation's electrification ratio, which currently stands at around 96 percent, to 99 percent by 2019 (the electrification ratio in South Sulawesi has now reached over 99 percent).

Source : Strategic Research Institute
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Egypt to establish 500 MW wind energy plant in Suez Gulf

Egypt signed an agreement to establish a power plant to generate wind power at a capacity of 500 megawatts in the Gulf of Suez. The agreement was signed between the Egyptian Ministry of Electricity and Renewable Energy and representatives from companies including Orascom Construction, Engie, and Toyota Tsusho Corporation.

Following the inking ceremony, Electricity Minister Mohamed Shaker said that the estimated costs of the project amounted to 650 million U.S. dollars, adding that it is expected to contribute to producing about two billion kilowatts of energy annually, according to official MENA news agency.

The minister said that the project is also expected to save fuel and contribute to bringing down the emission of carbon dioxide.

He said that it comes within the framework of the state’s efforts to diversify electricity energy resources and make use of Egypt’s natural resources.

The Minister said that “This includes increasing the use of renewable energy to over 37 percent by 2035.”

Source : Strategic Research Institute
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35 developers express interest in country's first offshore wind energy project

Economic Times reported that as many as 35 national and international developers have expressed interest in the country's first offshore wind energy project, and the process of inviting Request For Proposal should take place next month. According to senior officials, the wind energy project with a capacity to produce 1,000 megawatt has been planned off the coast of Pipavav port in Gujarat.

The project is being developed jointly by Central Ministry of New and Renewable Energy(MNRE) and Gujarat government, said Raj Gopal, Principal Secretary, Gujarat Energy and Petrochemicals department, while talking to reporters on the sidelines of 'Solar Conclave 2018', organised by Gujarat chapter of CII and Dholera Industrial City Development Ltd.

Mr Gopal added that "As many as 35 national and international developers have shown interest in that project while responding to the call for 'Expression of Interest' by the MNRE recently. The process of inviting Request For Proposal (RFP) should take place next month.”

He said that offshore wind projects allow the developers to install larger capacity wind turbines, which is not possible in the onshore projects due to the transportation constraints.

He added that "On land, we can't put wind turbines larger than 2 MW capacity, mainly because the parts becomes huge as the capacity increase and it is not possible to transport them by road.That is the reason why all the high capacity wind mills are installed offshore, as sea route allows easy transportation of such huge machines.”

The senior official also hinted at the introduction of a new land allotment policy soon by the Gujarat government to reduce cost of energy generation through solar and wind.

Mr Gopal said that "Both solar and wind projects are land intensive. Our idea is to give government land on lease to the developers at a reasonable rate. This will significantly bring down the investment cost for private players, as they have to just give rent.”

Source : Economic Times
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