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Reducing carbon, solar energy

Solar energy, India

Solar energy, India – map and UN goals

Project name

Bundled Solar Photovoltaic Project by ACME

Link to project documentation

https://registry.verra.org/app/projectDetail/VCS/1753

Project location

Indian states of Telangana, Uttarakhand, Karnataka, Andhra Pradesh, Madhya Pradesh and Rajasthan.

Funder and developer

Developer: ACME Cleantech Solutions Private Limited

Standard

Verified Carbon Standard (VCS) 

Estimated Carbon Saving per year

The project is estimated to reduce GHG emissions by 2,233,472 tonnes of carbon emissions each year 

 

Data and information has been taken from the publicly available documentation on the registry websites.

What's the project about?

In India, many households and businesses use electricity from a grid that is largely powered by more carbon intensive coal.
The proposed project activity is a step towards supporting the implementation and installation of grid connected renewable solar energy power plants in India. The implementation of project activity ensures energy security, diversification of the grid generation mix and sustainable growth of the electricity generation sector in India.

How does the project generate carbon credits?

The project involves the installation of solar power projects, that develop new grid-connected renewable energy power plants in India using solar energy technology.

 

It seeks to enable investment in large scale grid connected solar plants that export their generated output to the regional / national electricity grid in India.  Electricity is generated through solar panels, reducing greenhouse gas emissions as the power produced displaces an equivalent amount of power from the grid, which is fed mainly by fossil fuel fired power plants.

What are the wider benefits of the project?

This project supports energy security, diversification of the grid generation mix and sustainable growth of the electricity generation sector in India.

 

It contributes to sustainable development through social well-being via employment opportunities and infrastructure development. It builds economic well-being as a clean technology investment in the region, and technological knowledge in the community that may promote further similar projects. It also achieves the reduction of dependence on fossil fuels and the conservation of natural resources.