VTRM RENEWABLE ENERGY 2 - CORSIA Eligible
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VTRM RENEWABLE ENERGY 2 - CORSIA Eligible

The VTRM Renewable Energy 2 project involves the development and operation of the Ventos do Piauí Complex, a wind power facility that comprises seven plants in Brazil. This initiative aims to significantly reduce greenhouse gas emissions by replacing fossil fuel-generated electricity with clean energy, achieving an estimated reduction of approximately 4.4 million tons of CO2 over the crediting period. The project not only promotes environmental sustainability but also contributes to local economic development by creating jobs, increasing tax revenues, and enhancing local infrastructure. Furthermore, it provides landowners with additional income opportunities while fostering a diversified and productive land use.

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VTRM RENEWABLE ENERGY 2 - CORSIA Eligible - Image 1
VTRM RENEWABLE ENERGY 2 - CORSIA Eligible - Image 1

Project Overview

About the project

VTRM Renewable Energy 2 is a grouped project that consists on the implantation and operation of renewable energy plants in Brazil. The initial instance is a wind power complex called Ventos do Piauí Complex composed of 7 wind power plants. It will reduce greenhouse gases (GHG) emissions, avoiding electricity generation through fossil fuels sources.The estimated annual average GHG emission reductions is 439,950 tCO2 and total GHG emission reductions for the crediting period is 4,399,508 tCO2.The total GHG emission reductions generated in this monitoring period is 482,465 tCO2e.


Project objective

VTRM Renewable Energy 2 will reduce greenhouse gases (GHG) emissions, avoiding electricity generation through fossil fuels sources. Clean and renewable electricity supply will bring an important contribution to environmental sustainability, reducing the GHG emissions that would occur in the absence of this project. All WPPs will supply clean electricity to the Brazilian National Interconnected System (SIN).


Sustainable development

Through the following actions, VTRM Renewable Energy 2 contributes to the sustainable development of its region and country:


  • It reduces greenhouse gas emissions (CO2) from the Brazilian Interconnected System.
  • It generates extra income for the landowners, while they can continue using the area for other activities, thus it increases and diversifies the lands productivity.
  • It stimulates the regional economy by increasing tax revenues for the local government and direct and indirect job opportunities for local workers and service suppliers.
  • The resulting economic stimulus will improve capital stock in the region, which can allow investment in the infrastructure, productive capacity and consequently the satisfaction of the population’s basic needs. Thus, it can promote a virtuous cycle in the local economy.
  • Improvement of the local infrastructure such as road, electricity transmission system and stimulus for education.
  • The project operation requires services from skilled operators and maintenance staff and therefore stimulates the development of a proficient tertiary sector in the region, thus creating opportunities for education, professionalization and employment.

    • Project Details

    Project Company

    Climatetrade Corp Sucursal España S.L.

    Project URL

    View External Link

    Location

    Região Geográfica Imediata de Paulistana, Piauí, Brazil

    Project Type

    Wind

    Methodology

    ACM0002

    Mechanism

    Avoidance

    Start Date

    February 2022

    Verification

    First Verifier: Earthood Services Private Limited

    On-going Validator: Earthood Services Private Limited

    Standard: VCS

    Project Verification & Standards

    This project adheres to recognized carbon standards and undergoes third-party validation and verification. These standards help ensure emissions reductions or removals are real, measurable, and traceable.

    Sustainable Development Goals

    This project contributes to the following United Nations Sustainable Development Goals (SDGs):

    Affordable and clean energy

    Affordable and clean energy

    Ensure access to affordable, reliable, sustainable and modern energy for all

    Decent work and economic growth

    Decent work and economic growth

    Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

    Industry, innovation and infrastructure

    Industry, innovation and infrastructure

    Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

    Climate action

    Climate action

    Take urgent action to combat climate change and its impacts

    The Sustainable Development Goals are a collection of 17 global goals set by the United Nations General Assembly. This project's contributions to these goals are verified and monitored.

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    Carbon projects supported by ClimeOne are independently verified but involve estimates and assumptions. Environmental outcomes may vary. Offsetting should be considered one component of a broader sustainability strategy.