PROJECT DETAILS
| Project Submission No. | S00322 |
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| Project Title | Phan Lam 2 Solar Power Project |
| Project Owner (as per PSF & LOA) | Swiss Carbon Value Ltd. |
| Submission Date | 22 Jun 2022 |
| Global Stakeholder Consultation Period | 24 Aug 2022 - 7 Sep 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) | 66,837 (tCO2e/Year) |
| Forecasted E+ Label | Yes |
| Forecasted S+ Label | Yes |
| Forecasted SDG+ Goals |
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| Forecasted SDG+ Label | Gold |
| Forecasted Market Eligibility | CORSIA(C+) |
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Location Details Open Full Map
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| Country | Viet Nam |
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Focal Point of Project Owners (FP)
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Swiss Carbon Value Ltd. |
| Email of Contact Person of FP (Primary) | standards_scv@southpole.com |
| Email of Contact Person of FP (Secondary) | standards_scv@southpole.com |
| Documents for Global Stakeholder Consultation | Project Submision
Calculation Sheet Other Documents |
| Project Brief | The project activity involves the installation and operation of Phan Lam 2 solar power project with total installed capacity of 49 MWp. This project is located in Phan Lam commune, Bac Binh district, Binh Thuan province, Viet Nam. The purpose of this project activity is to generate clean form of electricity through renewable solar energy source. The annual electricity of 77,349 MWh generated from this project is supplied to the national grid via the transmission line.
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| Additional Information | The project activity generated renewable electricity without any GHG emissions, which displaced part of the electricity otherwise supplied by grid-connected fossil fuel-fired power plants. Thus, GHG emission reductions can be achieved. The expected CO2 emission reduction from the proposed project is 66,837 tCO2e annually and 668,370 tCO2e in the fixed 10 years crediting period. |
VERIFICATION OUTCOME
| Opinion | LGAI Technological Center S.A. (Applus+ Certification) has performed a verification of the “Phan Lam 2 Solar Power Project”. 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 interview / 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 66,837tCO2e 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. |
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| Report (Public) | Verification Report (public) |
| Verification report date | 2023-08-15 |
| First Request for Registration Date | 2023-08-18 |