The UN has recorded the largest wind project sub-Saharan Africa, built in Kenya, a generator of CO2 credits, included in the Kyoto Protocol as a mechanism to reduce emissions of gases that cause global warming.
The Lake Turkana wind parl (LTWP), 310 megawatts, is located in northwestern Kenya, and will be operational in 2013.
Each carbon credit, called Certified Emission Reductions, equivalent to one tonne of carbon dioxide (CO2) that is not emitted to the atmosphere and the Kenyan wind project is expected to reduce emissions by 700,000 tonnes per year, equivalent to 150,000 cars in the same period.
“Carbon credits are essential to make the project commercially viable,” said Adriaan Tas, CEO of the company that has worked with the project to get the registration of Clean Development Mechanism.
For Carlo van Wageningen, LTWP company president, “the UN register to generate carbon credits is an important milestone for the company and confirms that renewables are a viable option for Africa.” “LTWP of these bonds will provide the Government of Kenya, which will use these revenues to develop the area where the wind project, near Lake Turkana.
The Kenyan project, a company that develops national and foreign capital, has been registered by the Clean Development Mechanism within the framework of the Climate Change Convention after an audit conducted by an independent company.