Carbon Credits

Overview

Carbon credits, also known as carbon offsets, are a tool that can be used to mitigate the effects of greenhouse gas emissions by supporting projects or activities that reduce or remove an equivalent amount of greenhouse gases. Carbon credits play a crucial role in carbon trading and are often used by individuals, businesses, and governments to compensate for their own emissions by investing in emission reduction projects elsewhere.

Specifications

Throughout the years we have garnered Carbon Credits due to our efforts in promoting renewable resources throughout India. Our efforts are also well-recognized by the Ministry of New and Renewable Energy, UPNEDA, SECI, and more. WEMEGA, a Solar EPC company holds enough carbon credits due to its efforts in the renewable energy sector. Our company’s motto is to support Government Mission Life to create a green and clean environment and provide sustainable energy options. We are based in the city of New Delhi and were founded in 2016. We also develop, plan, build, operate, and provide services for Solar Plants across India.

  • Emission reduction projects can include activities such as reforestation, renewable energy generation, methane capture from landfills, energy efficiency improvements, and more. 
  • Carbon credits are quantified based on the reduction in emissions achieved by the project. 
  • Once the emission reduction is verified, carbon credits are generated. 
  • They can be bought and sold in carbon markets. Companies, governments, and individuals can purchase carbon credits to offset their own emissions and achieve carbon neutrality.

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