Longyuan Power Hits New High in Overseas Issuance of Certified Emission Reduction

Longyuan South Africa Renewables (Pty) Ltd. (hereinafter “Longyuan SA”) under China Energy once again obtained issuance of certified emission reduction quotas totaling more than 1.4 million tons on August 6, a new high for overseas projects under the corporation.

The issuance was for emission reduction in power generation of Phase-II of Longyuan SA’s De Aar wind-power project in the period from October 2017 when it began operation to the end of 2020. According to voluntary emission reduction standards, the project was registered in VERRA, the world’s largest and most influential voluntary carbon emission institution, and invited a South Africa consulting firm to compile relevant auditing report and an international verification institution to carry out remote verification, eventually obtaining the issuance of emission reduction quotas.

While maintaining smooth production and operation and advancing epidemic prevention and control, Longyuan SA fully taps its potential and seizes opportunities to continue improving production quality and efficiency and exploring the international carbon market, in an effort to ensure its projects realize maximal achievements in both environmental and economic domains.