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Winds of Change, India

Diversifying India’s electricity production is reducing emissions and avoiding local air pollutants associated with fossil fuels.

Project Type

Renewable Energy

Carbon Standard

VERRA Voluntary Carbon Standard (VCS)

Unit Type

VCU

Methodology

ACM0002 – Consolidated methodology for grid-connected electricity generation from renewable sources

Project ID

Multiple projects in India (IDs supplied with retirement)

Vintage

2018+ (all our vintages are Climate Active compliant)

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Why support this project?

Across India, wind farms introduce clean energy to the grid which would otherwise be generated by coal-fired power stations. Wind power is clean in two ways: it produces no emissions and also avoids the local air pollutants associated with fossil fuels. Electricity availability in the regions has been improved, reducing the occurrence of blackouts across the area.​

The projects support national energy security and strengthen rural electrification coverage. In constructing the turbines, new roads were built which improves accessibility for locals. The boost in local employment by people engaged as engineers, maintenance technicians, 24-hour on-site operators and security guards also boosts local economies and village services.

Project Location

TEM supports a range of renewable energy projects across India, such as the 150 MW grid connected Wind Power based electricity generation project in Gujarat, India.

Real and Lasting Impact:

Permanence: Project activities must represent permanent reductions in GHG emissions. Renewable wind energy projects avoid emissions by displacing grid energy supply from fossil-fuel generation sources. Avoided emissions are considered permanent.

Additionality: A project is additional if the GHG emissions reductions would not occur without the intervention of the project activity. For renewable energy projects to meet additionality requirements, an analysis of alternative energy infrastructure development including the expansion of emissions-intensive, fossil-fuel electricity infrastructure is required. The analysis compares the investment financial rate of return (IRR) for the renewable energy project with the relevant benchmark, and all identified alternative projects that could be implemented to meet electricity demand. This comparative analysis determines the financial viability of the renewable energy project compared to alternative fossil-fuel energy projects and indicates whether a project requires income from carbon offsets to be financially viable. It was determined that these renewable energy projects would not achieve a sufficient IRR without the income from carbon offsets. Therefore, the projects are considered additional.

Leakage: In the context of renewable energy projects, leakage refers to the risk that the establishment of the project will generate an increase in measurable emissions outside the project area. Emissions leakage is very unlikely to occur due to the nature of displacing electricity and avoiding GHG emissions which would have otherwise been generated by fossil fuel sources. As such, renewable energy projects are considered to have negligible leakage risk.

SDGs: The project meets the following United Nations Sustainable Development Goals:

 

value

$5.00/Tonne of CO2e

Tonne of CO2e

72953 in stock

Where does my money go?

Your purchase goes to the procurement of fully verified and independently audited carbon offset projects. TEM’s operational, due-diligence, risk management and marketing costs are also included in the list price. By purchasing from these projects, you are mobilising capital to support the project’s ongoing operations and benefits, alongside of ensuring measurable emissions reductions and avoidance.

What goes into pricing TEM's offsets on this site?

You may find a difference between the cost of projects listed on this site and the average prices listed on the wholesale carbon market/s. That’s because TEM offers projects where we have gone the extra mile to ensure their integrity and deliver you the end-to-end service that others won’t. Our pricing is fully inclusive of the end-to-end services to ensure integrity, including:

  • The cost to source, deliver and/or procure projects – Sourcing, purchasing and holding carbon units.
  • TEM’s proprietary due diligence and risk management for each project – Put simply, we do the work to limit the chance that you will support a project that doesn’t deliver measurable and long-term carbon abatement.
  • Our retirement process – Following each purchase, every carbon offset purchased on this site can be transparently traced to a retired carbon unit listed on an independent registry.
    What will I receive with my purchase?

    Once we’ve received your payment, we will:

    • Send you content and copy (if available) relating to the projects you’re supporting.
    • Evidence of retirement, which includes the listing on each registry that relates to the offsets you have purchased within a TEM-branded retirement certificate. You will receive an email once your order is placed to confirm retirement copy for your certificate – this details the reason for retirement and is best practice to avoid double counting. The cost for a company-specific retirement certificate = $150 per order. Note: you will need individual retirement for Climate Active and other certification purposes.
    • Keep you updated on new projects as they’re added to TEM Online. Of course-you can choose to opt out of those emails!

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