Russia Gaining Indian Carbon Credits From Investments In Uzbekistan Solar Power

Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs, replacing carbon-intensive electricity from the regional grid. The projected annual reduction in greenhouse gas emission is approximately 206 tonnes of CO2 equivalent.”

Tatneft has already registered 40 climate projects in the Russian carbon unit registry.

The factory concerned is located in Angren, Uzbekistan, and produces car tires and conveyor belts. Tatneft’s tire division produces millions of automotive tires per annum.