PROJECT DETAILS
| Project Submission No. | S00291 |
|---|---|
| Project Title | Renewable solar power project in India -2- 005 |
| Project Owner (as per PSF & LOA) | M/s ReNew Green Energy Solutions Private Limited |
| Submission Date | 1 Jun 2022 |
| Global Stakeholder Consultation Period | 7 Aug 2022 - 21 Aug 2022 |
| Sector | 1.Energy industries (renewable-/non-renewable sources) |
| Project Type | Solar Power |
| GCC/CDM Methodology & Version | ACM0002 Grid-connected electricity generation from renewable sources - Version 21.0 |
| Forecasted GHG Emission Reduction (tCO2e/Year) | 1,336,715 (tCO2e/Year) |
| Forecasted E+ Label | Yes |
| Forecasted S+ Label | Yes |
| Forecasted SDG+ Goals |
|
| Forecasted SDG+ Label | Gold |
| Forecasted Market Eligibility | CORSIA(C+) |
| Country | India |
|---|---|
|
Focal Point of Project Owners (FP)
|
M/s/ ReNew Green Energy Solutions Private Limited |
| Email of Contact Person of FP (Primary) | nikunj.nangalia@renewpower.in |
| Email of Contact Person of FP (Secondary) | Nikunj.Nangalia@renewpower.in |
| Documents for Global Stakeholder Consultation | Project Submision
Calculation Sheet Other Documents |
| Project Brief | The Project activities are the installation of two new grid-connected 300 MW solar power plant/unit(s) at a site where no renewable power plant was operating prior to the implementation of the project activities. The project activities are located in Jaisalmer district in the Indian state of Rajasthan. The electricity generated from project activities are being exported to the national grid in India thereby displacing electricity from the regional grid electricity distribution system generated by conventional source-based power plants. The electricity generated by the project activities thus replaces the equivalent amount of electricity generated by the operation of existing/ grid connected power plants (mostly conventional source--based power plants) and by addition of new generation sources into the grid. The Project activities thus reduces the anthropogenic emissions of greenhouse gases (GHGs) into the atmosphere associated with the equivalent amount of electricity generation from the existing grid connected power plants (mostly conventional fuel source) and by addition of new generation sources into the grid. |
|---|---|
| Additional Information | The projects shall result in replacing anthropogenic emissions of greenhouse gases (GHG’s) estimated to be approximately 1,336,715 tCO2/year, thereon displacing 1,435,785 MWh/year amount of electricity from the grid. |
VERIFICATION OUTCOME
| Opinion | LGAI Technological Center S.A. (Applus+ Certification) has performed a verification of the “Renewable Solar power project in India-2- 005”. The verification is performed on the basis of GCC criteria project verification standard, Version 3.1 for the project activity, GCC guideline and host country criteria, as well as criteria given to provide for consistent project operations, monitoring and reporting. The review of the final version of GCC PSF and the subsequent Onsite Visit / follow-up interviews has provided Applus+ Certification with sufficient evidence to determine the fulfillment of stated criteria. In our opinion, the project meets all relevant GCC project standard requirements for the GCC. The project will hence be recommended by LGAI Technological Center S.A. (Applus+ Certification) for registration with the GCC. By displacing fossil fuel-based electricity with electricity generated from a renewable source, the project results in reductions of CO2 emissions that are real, measurable and give long-term benefits to the mitigation of climate change. Emission reductions attributable to the project are hence additional to any that would occur in the absence of the project activity. Given that the project is implemented as designed, the project is likely to achieve the estimated amount of annual emission reductions of 1,336,715 tCO2e. per year. The verification has been performed following the requirements of the latest version of GCC verification standard, Version 03.1, GCC Project Standard, version 03.1 and on the basis of the contractual agreement. In detail the conclusions can be summarized as follows: - The project does not result in negative social, environmental and/or economic impacts. - The project contribution to Environment, Social Development and Economic and technological development - The project additionality is sufficiently justified in the GCC PSF. - Conservative assumptions were applied in the project description. - The monitoring plan of SDG parameters is transparent and adequate. - The project meets the local stakeholder consultation requirements. The conclusions of this report show, that the project, as it was described in the project documentation, is in line with all criteria applicable for the verification. |
|---|---|
| Report (Public) | Verification Report (public) |
| Verification report date | 2023-08-03 |
| First Request for Registration Date | 2023-08-05 |