Climate Impact Partners | The purpose of the organization is to reduce 1 billion tonnes of CO2 via way of means in 2030 to convert the worldwide economy, enhance fitness and livelihoods and repair a thriving planet. That is executed via way of means of handing over the excellent carbon financed projects, from which they create carbon credit scores and strength characteristic certificate portfolios.
Project type
Technology-based
Project field
Renewable Energy
Location
Nicaragua
API project code
API project code: project_0115
About the project
The major goal of the Amayo Wind Power Project is to use the wind as a zero emissions, renewable energy source and to deliver the power at an affordable price to Nicaragua’s power grid. The wind turbines are placed along the shores of Lake Nicaragua in the Southwest of the country, a region that is particularly known for its windy weather. Nineteen 2.1 MW wind turbine generators, with a combined annual power output of 39.9 MW will deliver an anticipated annual net amount of electricity output of around 169 GWh. Amayo’s power plant facilities are involved in the project activities at every level, including development, design, engineering, finance, construction, operation, and maintenance.
The baseline scenario (the scenario that depicts the anthropogenic emissions of greenhouse gases (GHG) that would take place in the absence of the proposed project activity) corresponds to the National Electric Grid's continued operation before the project activity began: The National Interconnected System, or "NIS," of Nicaragua was mostly made up of thermal power facilities. The direct burning of either fuel oil or diesel accounted for 63% of the grid's effective capacity. In addition, thermal plants supplied 74% of the NIS generation. Renewable energy shares in the national energy mix were much lower: just 11% for hydro, 7% for geothermal, and 8% for cane bagasse. As an outcome of the project, the NIS will be able to lower the amount of generation necessary from polluting and expensive fossil fuel facilities thanks to the less expensive and cleaner energy source of wind power.
Sustainable development contribution:
In addition to adressing Climate Action, the projects covers the 5 other Sustainable Development Goals (SDGs):
Climate Impact Partners delivers high impact projects
Climate Impact Partners delivers solutions for action on climate. In cooperation with the world’s leading companies and quality project partners, Climate Impact set the ambition to reduce 1 billion tonnes of CO2 by 2030.
In a merger between Natural Capital Partners and ClimateCare, two businesses that have pioneered the voluntary carbon market are combined to become Climate Impact Partners. This draws on their combined expertise, integrity, and innovation. The international team continues to pioneer the market's growth and establishes standards for excellence that will maximize the market's effect, driven by an unrelenting desire for quick action and results.