These two projects provide rural areas of India with electricity and help displace fossil fuel development. We've included key information for each project below:
This project consists of 25.20 MW of wind generation at in Rajkot District and Surendranagar District of Gujarat State in India. Over 48,000 tonnes of CO2 are displaced from fossil fuel plants by this clean energy project.
Above: the sun sets in the Gujarat region of India.
This project consists of 16 wind turbine generators which produce 50,662 MWh of electricity per annum. Nearly 53,000 tonnes of CO2 are mitigated through this projects electricity generation each year.
Above: five of the 16 wind turbines at the wind power project in Jaibhim are visible.
Supporting renewable energy projects in developing regions that help decarbonise the power system provides long-term low-carbon jobs, and builds local supply chains is critical for us achieve our global net zero targets. There is much work still to be done to get renewables deployed at the scale necessary, particularly in developing countries that have bottle necks in skills and supply chain development.
Incumbent fossil fuels still having the economies of scale to out-compete renewable technologies. By supporting these projects with carbon offsets, we can start to disrupt the fossil fuel generation with an additional revenue stream, which ensures local people are not exposed to increasing costs or reduced accessibility to electricity!
These projects also deliver localised co-benefits that align with the Sustainable Development Goals. These are as follows:
Goal 7 - Affordable and Clean Energy: Together, these projects provide over 75,000 MWh of green electricity to the grid.
Goal 8 - Decent Work and Economic Growth: These projects provided skilled-labor jobs to their respective regions.
Goal 13 - Climate Action: Together, these wind power projects help mitigate over 100,000 tonnes of CO2. That's equivalent to over 66,000 transatlantic flights each year!
Supporting the decarbonisation of India's grid is of global importance. To-date, around 75% of India's electricity mix is from fossil fuels, the power system is responsible for around 50% of the country's total emissions (2.5 billion tonnes per year), and is the third dirtiest in the world (after Poland and South Africa).
As the generation of renewable power from wind and solar does not require the burning of any fossil fuels, it can start to curb India's runaway annual CO2 emissions. The financing of these projects is critical in helping them scale-up and displace existing fossil fuel.