Bundled Solar Power Project By Vector Green Energy Private Limited

Verified Carbon Standard

Bundled Solar Power Project By Vector Green Energy Private Limited

Carbon credits from Solar Power in India.

Standard
Verified Carbon Standard
Project identifier
VCS1770
Country
India
Project activity
Solar Power
Listed vintages
2024

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About this carbon credit project

This project, developed by Vector Green Energy Private Limited, involves a bundle of three grid-connected solar photovoltaic (PV) power plants with a total installed capacity of 105 MW. The plants are located across two states in India: a 40 MW plant in the Chittoor district of Andhra Pradesh, and two plants (15 MW and 50 MW) in the Mahabubnagar and Vikarabad districts of Telangana. The primary environmental benefit is the generation of clean, renewable electricity that is supplied to the Indian national grid. This displaces electricity that would otherwise be generated by the country's fossil-fuel-dominated power plants, thereby reducing greenhouse gas emissions and contributing to climate change mitigation. The project also delivers significant social and community benefits. It has created local employment opportunities during both its construction and ongoing operational phases, helping to improve economic well-being and potentially reduce migration to urban areas. The project also contributes to the development of local infrastructure and demonstrates the viability of large-scale solar technology in the region, encouraging further investment in clean energy.

Project assessment and evidence

CRISP project rating: 3.8 / 5

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Read the CRISP assessment for Bundled Solar Power Project By Vector Green Energy Private Limited

Listed Sustainable Development Goals

  • 7. Affordable and Clean Energy
  • 8. Decent Work and Economic Growth
  • 13. Climate Action

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