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A cascaded observer-based transfer delay frequency locked loop (CODFLL) algorithm is developed to control the distribution static compensator (DSTATCOM) to address various power quality (PQ) issues arise because of distorted grid and load conditions. Moreover, frequency locked loop is included along with the observer to take care of the frequency drift from nominal value and to improve its performance during steady state and transient conditions. During daylight, the proposed system works as photovoltaic (PV) DSTATCOM and performs multiple functions for improving PQ whilst transferring power to grid and load. The system under consideration acts as DSTATCOM during night and bad weather condition to nullify the PQ issues.

CODFLL control algorithm generates reference signal for hysteresis controller. This reference signal is compared with an actual grid signal and a gate pulse is produced for a voltage source converter. The system is made frequency adaptive by transfer delay adaptive frequency locked loop (FLL). Peak power is extracted from a PV source using the perturb and observe technique irrespective of disturbances encountered in the system.

The PV system’s performance with the proposed controller is studied and compared with conventional control algorithms such as least mean fourth (LMF), improved second-order generalized integrator frequency locked loop (ISOGI-FLL), synchronous reference frame phased lock loop (SRF-PLL) and frequency adaptive disturbance observer (DOB) for different cases, for example, steady-state condition, dynamic condition, variable insolation, voltage sag and swell and frequency wandering in the supply side. It is found that the proposed method tracks the frequency variation faster as compared to ISOGI-FLL without any oscillations. During unbalanced loading conditions, CODFLL exhibits zero oscillations. Harmonics in system parameters are reduced to the level of IEEE standard; unity power factor is maintained at the grid side; hassle-free power flow takes place from the source to the grid and load; and consistent voltage profile is maintained at the coupling point.

CODFLL control algorithm is developed for PV-DSTATCOM systems to generate a reference grid current.

This study aims to examine the relationship between pandemic sentiment (PS) and stock market returns in an emerging order-driven stock market like India.

This study uses nonlinear causality and wavelet coherence techniques to analyze the sentiment-returns nexus. The analysis is conducted on the full sample period from January to December 2020 and further extended to two subperiods from January to June and July to December to investigate whether the associations between sentiment and market returns persist even several months after the outbreak.

This study constructs two novel measures of PS: one using Google Search Volume Intensity and the other using Textual Analysis of newspaper headlines. The empirical findings suggest a high degree of interrelationship between PS and stock returns in all time-frequency domains across the full sample period. This interrelationship is found to be further heightened during the initial months of the crisis but reduces significantly during the later months. This could be because a considerable amount of uncertainty regarding the crisis is already accounted for and priced into the markets in the initial months.

The ongoing coronavirus pandemic has resulted in sharp volatility and frequent crashes in the global equity indices. This study is an endeavor to shed light on the ongoing debate on the COVID-19 pandemic, investors’ sentiment and stock market behavior.