The Biomass power project has a capacity of 14.88 MW and utilizes agricultural sugar cane waste, known as bagasse, to generate clean energy. The project aims to fulfill its own energy needs and export excess energy to the grid. It aligns with several SDGs, addressing both social and environmental aspects. The initiative contributes to reducing greenhouse gas emissions by avoiding the combustion of fossil fuels for biomass-based energy generation, resulting in a yearly decrease of 26,715 tCO2e.
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UCR enables the flow of environmental finance directly, to those who can least afford it- the small rural green project owner. UCR enables true carbon and water price discovery based on the utility of the underlying asset and assists in creation of non-fungible carbon and water offset tokens that can be seamlessly integrated into any smart contract or blockchain ecosystem seeking to negate its carbon or water footprint or showcase ESG credentials
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