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These carbon offset credits are issued by the the Verra Verified Carbon Standard (VCS) Program, the world’s leading greenhouse gas (GHG) crediting program. VCS projects have reduced or removed nearly one billion tons of carbon from the atmosphere and drives finance toward activities that reduce and remove emissions, improve livelihoods, and protect nature.
- Upon purchase, you will be issued with a certificate from the Verra Registry with the serial numbers of your Verified Carbon Units (VCUs) which you can verify on the registry website.
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Project Description
RENEWABLE SOLAR POWER PROJECT BY MAHINDRA RENEWABLES
| ID |
|---|
| 2059 |
| State/Province |
| Madhya Pradesh |
| VCS |
|---|
| Proponent |
| Mahindra Renewables Private Limited. |
| VCS Project Status |
| Registered |
| View Issuance Records |
| Estimated Annual Emission Reductions |
| 389911 |
| VCS Project Type |
| Energy industries (renewable/non-renewable sources) |
| VCS Methodology |
| ACM0002 |
| VCS Project Validator |
| Earthood Services Private Limited |
| Project Registration Date |
| 12/05/2022 |
| Crediting Period Term |
| 1st, 06/07/2018 – 05/07/2028 |
Solar Power
SITUATION
Solar power projects have the potential that to save burning of millions of tonnes of fossil fuels each year, especially coal. They produce renewable energy to power homes and industry, keeping greenhouse gasses out of the atmosphere. There is a growing demand for energy, and solar power can drive a low carbon future and boost local economic development.
SOLUTION
To replace thermal and fossil fuel-based energy, these projects install a solar power facility in areas that can harness sunshine effectively. They reduce the emissions of harmful greenhouse gases, instead exporting clean and renewable energy to the grid. Projects assist to reduce emissions in developing counties and help achieve progressive environmental and economic targets by increasing solar energy capacity.
IMPACT
Solar energy projects reduce a developing country’s reliance on carbon-intensive energy sources and boosts local economies by providing job and training opportunities. As well as these direct benefits, the project funds a number of additional initiatives for local communities: installing solar street lights, giving solar lamps to local families and upgrading facilities such as schools and health clinics to ensure 24×7 uninterrupted access to electricity.
OUTCOME
These projects makes a significant contribution to climate action globally by reducing the amount of greenhouse gas emissions in conventional electricity generation. They can boost local small economies, create steady jobs and stimulate renewable energy technology in developing countries.
Verification
The Verra Registry issues carbon credits, each is equivalent to one tonne of CO2e. It is the central repository for all information and documentation relating to Verra projects and units. The Verra Registry also ensures the uniqueness of projects and credits in the system. Projects are subject to a rigorous verification process and Verra’s diligence and transparency underpins the positive outcomes of carbon projects it certifies.
To see the Verra Website click here:
https://registry.verra.org/app/projectDetail/VCS/2059
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