Derinkuyu Solar Power Plant Bundle Project consists of 15 individual Unlicensed Photovoltaic Solar Power Plants with a capacity of 15MW in total, which is formed according to the Law no: 6446 on Electricity Market Law. Solar panels, inverters and power transmission lines  are built in Derinkuyu Region of Nevşehir Province.  The purpose of the project is to generate clean energy by using the solar power and providing the energy to the Turkish national grid. By implementing the project, investors also aim to reduce dependency to the fossil fuels thereby reducing the sources of environmental pollution.  The project activity will generate greenhouse gas (GHG) emission reductions by avoiding CO2 emission from electricity generation by fossil fuel power plants connected to Turkish National Power Grid. Total installed capacity included by the GCC project is drawn as 16.4 MWp / 15 MWac. The average annual generated energy is expected to be 31,045MWh according to the generation values7 and the project will be able to deliver a reduction in emissions of around 20,122tCO2e (tons of carbon dioxide equivalent) per annum. The total emission reduction for the whole crediting period is calculated as 201,220tonnes of CO2.