Project Submission No. | S00266 |
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Project Title | Solar rooftop Projects 2 by fourth partner |
Project Owner(s) (as per PSF & LOA) | Fourth Partner Energy Private Limited |
Submission Date | 2022-06-03 |
Global Stakeholder Consultation Period |
2022-07-24 to 2022-08-07 |
Sector | 1.Energy industries (renewable-/non-renewable sources) |
Project Type | Solar Power |
GCC/CDM Methodology & Version | AMS-I.F. - Renewable electricity generation for captive use and mini-grid (version 05.0) |
Forecasted GHG Emission Reduction (tCO2e/Year) |
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Forecasted E+ Label | Yes |
Forecasted S+ Label | Yes |
Forecasted SDG+ Goals |
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Forecasted SDG+ Label | Gold |
Forecasted Market Eligibility | C+ - Pilot Phase |
Country |
India
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Focal Point of Project Owners
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Fourth Partner Energy Private Limited |
Email of Contact Person of FP (Primary) | carboncredits@fourthpartner.co |
Email of Contact Person of FP (Secondary) | saif@fourthpartner.co |
Documents for Global Stakeholder Consultation | Project Submision
Calculation Sheet Other Documents |
Project Brief | The project involves installation of Solar Photovoltaic (SPV) Panels on rooftops on Commercial and Government buildings in various states of India by VSV Renewables Private Limited (Subsidiary of Fourth Partner Energy Private Limited). All the rooftop solar panel units involved in the project are implemented under RESCO model where VSV Renewables Private Limited (Subsidiary of Fourth Partner Energy Private Limited) acts as a RESCO (Renewable Energy Service Company).
Being the RESCO, VSV Renewables Private Limited (Backed by Fourth Partner Energy Private Limited) has developed, installed, financed, operates and owns the rooftop solar power units and supplies power generated from the project to the consumers on whose premises the rooftop SPV panels are set up. The building owners are the customers of the power generated from the rooftop solar panels who purchase the power from Fourth Partner Energy Limited under long term power purchase agreements.
The purchased power by the customers is either consumed/utilized by the customers for in the buildings premises or injected to the grid of the Distribution Utility under the mechanism of net metering. In the absence of the project activity, the equivalent amount of power would have been supplied by the Indian grid, which is fed mainly by fossil fuel fired plants.
The project is expected to generate approx. 167,795 MWh of electricity during the 10 years crediting period. And expected to generate average 16,779 MWh per year. |
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Additional Information | The annual estimated emission reductions over crediting period are 15,613 tCO2/year. The estimated emission reductions achieved for the entire crediting period of 10 years are 156,133 tCO2e. |