Ghani Solar Renewable Power Project by Greenko Group

Verified Carbon Standard

Ghani Solar Renewable Power Project by Greenko Group

Carbon credits from Solar Power in India.

Standard
Verified Carbon Standard
Project identifier
VCS1792
Country
India
Project activity
Solar Power

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About this carbon credit project

The Ghani Solar Renewable Power Project by Greenko Group is a 500 MW solar power project located in Andhra Pradesh, India. The project started on March 31, 2017, and will continue until March 30, 2027. It aims to displace electricity generated from fossil fuel-based power plants by supplying clean electricity to the Indian grid. Environmental Benefits The project's primary environmental benefit is the reduction of greenhouse gas emissions. By generating clean electricity from solar energy, the project avoids the release of carbon dioxide (CO2) and other pollutants associated with fossil fuel-based power generation. It is estimated that the project will replace approximately 996,010 tons of CO2 emissions per year. The project activity results in reductions of greenhouse gas (GHG) emissions that are real, measurable, and verifiable and plays a beneficial role in the mitigation of climate change. Social and Community Benefits The project also contributes to social and community development in several ways: * Health: Greenko Group organizes health camps providing free diagnostic tests, treatment, and medicines to the local communities. * Education: The company supports educational initiatives in nearby schools, benefiting children with improved infrastructure and resources. * Clean Water: Greenko Group is committed to providing clean drinking water to the village communities. * Skill Development and Employment: The company has introduced a Solar Skill Development Certification Program to enhance the employability of local youth and has provided employment opportunities to program trainees. * Job Creation: The project has created permanent jobs in the local community, contributing to economic well-being. Overall, the Ghani Solar Renewable Power Project is a significant initiative that not only helps combat climate change by reducing greenhouse gas emissions but also contributes to the sustainable development of local communities through various social and economic benefits.

Project assessment and evidence

CRISP project rating: 3.9 / 5

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Read the CRISP assessment for Ghani Solar Renewable Power Project by Greenko Group

Listed Sustainable Development Goals

  • 7. Affordable and Clean Energy
  • 13. Climate Action

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