We are thrilled to announce that 7 innovative projects from the Call for Projects 2024 have been selected to advance into the Detailed Preparation Phase (DPP). These projects, located in Brazil, Bhutan, India, Kazakhztan, South Africa, Türkiye, and Vietnam, are poised to make significant contributions to sustainability and carbon reduction in their respective sectors.
Below is an overview of each project:
Bhutan, a carbon-negative country, faces a growing threat to its environment due to climate change. Accelerated glacial melt and unpredictable river flows are impacting hydropower generation, the country’s primary energy source. The project aims to install 30 MW of solar PV and strengthen the regulatory environment to accelerate Bhutan’s renewable energy market, fully realising its solar energy plan of 1000 MW as planned by the government in the current five-year plan (2024-2028).
In Brazil, the transport sector accounts for 44% of energy related GHG emissions, making it a critical area for decarbonisation. The project aims to replace 1,739 internal combustion engine (ICE) buses with electric buses (e-buses) in 3 Brazilian cities, contributing to long-term emissions reductions and advancing sustainable urban mobility.
India’s industry sector is responsible for approximately 22% of the country’s total GHG emissions. The project, “Deep Decarbonisation (DeepDC) of Selected Industrial Clusters in India” has the objective to foster rapid and cost-effective decarbonisation of the manufacturing industry in India focusing on the SME sector.
Kazakhstan’s updated NDC (2023) outlines ambitious targets to reduce GHG emissions by 15% unconditionally and 25% conditionally by 2030. The project promotes the large-scale utilisation of reactive power to reduce energy losses during the transmission of electricity, combatting climate change by reducing the need for the coal-based power generation in Kazakhstan.
South Africa is the second largest steel producer in Africa after Egypt. The project aligns with South Africa’s NDC and low-carbon strategies. South Africa’s 2021 updated NDC commits the country to a 31% reduction in greenhouse gas emissions and to reach net zero emissions by 2050.
Turkey’s cement sector accounts for around 14% of the country’s total GHG emissions and for almost half of the industry sector’s GHG emissions. The project, “Advancing the Decarbonisation of Türkiye’s Cement Industry” has the overall goal to support Turkey in the decarbonisation of the cement sector.
Vietnam’s energy needs are rising by 8% annually and pose a significant challenge to meeting its climate targets of reaching net zero GHG by 2050 and phasing-out coal in 2040s. Industrial energy accounts for over 50% of GHG emissions within the country. The project will support 300 targeted facilities in the T&A and F&B sectors to apply decarbonisation solutions such as the electrification of energy intensive processes and introducing energy efficient technologies to reduce CO2e emissions by 10-15%.