CCIPL was contracted by China Onecarbon Co., Ltd for project verification of the project activity “Alxa League Bayanhaote 50MW Solar Power Project” on 15/05/2023. The project verification was performed based on rules and requirements defined by GCC for the project activity.
The project activity is a solar power project, which results in reductions of CO2e emissions that are real, measurable and give long-term benefits to the mitigation of climate change. It is demonstrated that the project is not a likely baseline scenario and the emission reductions attributable to the project are, hence, additional to any that would occur in the absence of the project activity. The project correctly applies the approved baseline and monitoring ACM0002 “Grid-connected electricity generation from renewable sources”, Version 21.0 and is assessed against latest valid PS, VS and Environment and Social Safeguards Standard, Project-Sustainability-Standard and/or other applicable GCC/CDM Decisions/Tools/Guidance/Forms.
The project activity is likely to achieve the anticipated emission reductions stated in the PSF provided the underlying assumptions do not change. The expected emission reductions (annual average) from the project activity are estimated to be 62,379 tCO2e /year over the 10 years crediting period starting from 05/01/2016.