The primary objective of the 35.58 MW Bundled Solar Power Project by Fourth Partner Energy Private Limited, (FPEPL) is to generate electricity using solar energy, a clean and renewable resource. This project aims to reduce reliance on grid electricity, which is predominantly sourced from fossil fuels, thereby contributing to significant reductions in greenhouse gas (GHG) emissions. The project involves the installation and operation of solar photovoltaic (PV) plants across ten states in India.
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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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