The project consists of the construction and operation of a run-of-the-river hydroelectric plant with 18MW installed capacity. The plant, which is expected to come on stream in the first half of 2010, uses water from the Amaime river to generate power.
The plant will be located in the central area of the river basin in the Valle del Cauca region, near the towns of Palmira and el Cerrito. It is expected to generate 85GWh per annum.
Registering a CDM project allows companies to obtain Certified Emission Reduction (CER) credits which can be traded on emissions rights markets or used to make up their facilities’ emissions quotas.
It is estimated that this CDM project would help reduce greenhouse gases by over 192,000 tonnes of CO2 over the seven year credit period, which is renewable to a maximum of 21 years.
The plant is expected to help meet power generation and supply needs in an environmentally sustainable manner, based on renewable sources, contributing to Colombia’s sustainable development priorities.
