CARBON OFFSETS
Fortress takes global warming seriously; our carbon footprint has been independently assessed and targets have been set to reduce our emissions year on year. To mitigate the greenhouse gas emissions we are responsible for we help fund renewable energy projects around the world, which all meet the Voluntary Carbon Standard.
The projects we are proud to support this year are:
60 MW Wind Farm
Rajasthan, India
Project Description
The 60 MW wind power project in the Indian state of Rajasthan will provide reliable, renewable power to the Rajasthan state electricity grid. The project will lead to reduced greenhouse gas emissions because it displaces electricity from fossil fuel based electricity generation plants.
The Project harnesses renewable resources in the region, and thereby displacing non-renewable natural resources and ultimately leading to sustainable economic and environmental development.
Other Social and Sustainability Benefits
- Contributes to CO2 abatement and reduction of greenhouse gas emissions through development of renewable technology
- Reduces the average emission intensity, average effluent intensity and average solid waste intensity of power generation in the system
- Conserves natural resources including land, forests, minerals, water and ecosystems
- Helps develop the local economy and create jobs, particularly in rural areas, which is a priority concern for the Government of India
7.5 MW Hydro Power Project
Guizhou Province, China
Project Description
Wutuhe Erji hydro power project in Guizhou Province, China is located in the town of Huaga, Shuicheng County, Liupanshui City.
The electricity generated by the proposed project is supplied to the China Southern Power Grid (CSPG). The total installed capacity of the proposed project is 7.5MW. The estimated annual electricity generation is 31,210 MWh.
The project is expected to reduce greenhouse gases (GHG) emissions by around 24,455 tCO2e per year.
Other Social and Sustainability Benefits:
- Contributes to poverty alleviation through income and employment generation
- Diversifies the sources of electricity generation which is important for meeting growing energy demands and the transition away from diesel and coal supplied electricity generation
- Local people can make use of electricity instead of biomass, especially firewood, which reduces the destruction of local vegetation
5 MW Hydro Power Project
Elazig Province, Eastern Anatolia, Turkey
Project Description
The Keban 5 MW Hydropower Plant in Turkey is a small scale hydropower project located in Elazig Province, Eastern Anatolia. The total installed capacity of this project is 5 MW consisting of one turbine with an estimated net power supply to the grid of 31,686 MWh per annum. This corresponds to an annual emission reduction of 19,510 tonnes of carbon dioxide equivalent. The project is in implementation since May 2007.
The purpose of this project is to generate power in an efficient, clean, reliable and sustainable way with utmost respect on social and environmental reflections. It makes use of the leaking water from the reservoir of a closely located hydro dam and discharges the water into the Euphrates River.
Other Social and Sustainability Benefits
- Provides employment opportunities to local people
- Improves electricity supply quality in the region
- Knowhow and technology transfer to a less developed region
- Supporting neighbouring fisheries and recreation
- Planting of 2,000 pomegranate trees at the project area
Verified Carbon Standard
The Verified Carbon Standard is the result of consultation by leading organisations such as The Climate Group, the International Emissions Trading Association and the World Economic Forum.
VCS offsets must be real, additional, measurable, permanent, and independently verified. VCS is designed to bring transparency to the international Verified carbon offset market. This delivers trust and credibility to your carbon neutrality programme.
