Deal #9494
Thailand
Created at
2022-06-23
Last update
2024-06-18
Last full update
2024-02-12
Land area
Comment on land area
No Land Area found on data sources found online. There is a total of103 turbines in operation.
Intention of investment
Intention of investment
- [2019, current] Wind farm
- [2022, current] For carbon sequestration/REDD
Comment on intention of investment
Wind Farm with 5 total projects and a capacity of 260 MW;
In the year 2022, the Company is extremely proud that it has signed the purchase-sale agreement of carbon credits as a result of its electric bus operation business with the Swiss Federation.
Carbon offset project
Carbon offset project
Yes
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
This agricultural land is owned by the government and leased to farmers on what is called “Sor Por Kor” land. Deeds are issued and managed by the Agricultural Land Reform Office (ALRO).
Negotiation status
Negotiation status
- [2022, current] Concluded (Contract signed)
Comment on negotiation status
In the year 2022, the Company is extremely proud that it has signed the purchase-sale agreement of carbon credits as a result of its electric bus operation business with the Swiss Federation. Thailand and the Swiss Federation are the first partners in buying carbon credits between countries. Following Article 6.2 of the Paris Agreement, which has resulted in an estimated 500,000 tons of carbon credits exchanged between 2023-2030.
Implementation status
Implementation status
- [2019-04-13, current] In operation (production)
Comment on implementation status
Full operation of all 5 projects was on April 13, 2019. First 2 projects began operation in January 25, 2019
Purchase price
Purchase price
0.03
$