Off Grid Solar PV Project at Iamgold Essankane SA Gold Mine

Verified Carbon Standard

Off Grid Solar PV Project at Iamgold Essankane SA Gold Mine

Carbon credits from Solar Power in Burkina Faso (Africa).

Standard
Verified Carbon Standard
Project identifier
VCS2434
Country
Burkina Faso (Africa)
Project activity
Solar Power
Listed vintages
2019

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About this carbon credit project

The "Off-grid Solar PV project at IAMGOLD Essakane SA Gold Mine" is a small-scale project that involves the construction and operation of a 14.928 MWp solar PV plant at the Essakane gold mine in Burkina Faso. The primary goal of the project is to supply clean, renewable energy to the gold mine, thereby reducing its reliance on fossil fuels. The project is expected to generate approximately 28,868 MWh of electricity in its first full year of operation and will result in an average of 19,904 tCO2e of emission reductions annually over its 7-year crediting period. The project offers several environmental benefits, primarily through the reduction of greenhouse gas emissions. By replacing fossil fuel-based electricity generation with solar power, the project significantly decreases carbon dioxide emissions, contributing to the fight against climate change. The project also helps reduce other harmful pollutants associated with fossil fuel combustion, such as sulfur dioxide, nitrogen oxides, particulate matter, carbon monoxide, and volatile organic compounds, leading to improved air quality and public health. In addition to the environmental benefits, the project also provides social and community benefits. It has created numerous job opportunities, both during the construction and operation phases. The project also contributes to local communities through initiatives such as allocating a portion of its turnover to community development projects. Furthermore, the project promotes the adoption of solar technology in Burkina Faso, contributing to knowledge transfer and the development of local skills in the renewable energy sector.

Project assessment and evidence

CRISP project rating: 3.8 / 5

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Read the CRISP assessment for Off Grid Solar PV Project at Iamgold Essankane SA Gold Mine

Listed Sustainable Development Goals

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

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