Brazil’s 130-MW Monte Claro granted carbon credit approval

The United Nations’ Clean Development Mechanism (CDM) agency has approved an application by Brazil’s 130-MW Monte Claro hydroelectric project to sell carbon emissions credits.

The Executive Board of the U.N. Framework Convention on Climate Change issued a registration in December for the project on the Antas River in Rio Grande do Sul State.

Development consortium Consorcio Ceran, comprising Companhia Paulista de Forca e Luz (CPFL), Companhia Estadual de Energia Eletrica (CEEE), and Desenvix, first brought the run-of-river project on line in December 2004. The second unit started up in September 2006.

Monte Claro produces an average of 516,840 MWh annually for delivery to Brazil’s grid. Brazil regulators qualified the project in 2005 to sell power at auction.

Monte Claro is annually to offset 121,721 metric tons of carbon emissions that otherwise would be produced by fossil fuel-fired power plants. Ecoinvest Carbon Brasil Ltda. is participating in the project for marketing of the certified emissions reductions.

Previous articlePeru names transaction adviser for 530-MW Majes-Siguas
Next articleSpillway construction starts at California’s 199-MW Folsom Dam

No posts to display