The unprecedented change in the global climatic
condition has threatened the vulnerability of the geophysical, biological and
socio economic system and emerged as a challenge towards the resilience of the
ecosystem. With a strategy of establishing a balance between social and
environmental demand government is promoting use of renewable energy technology
and creating awareness among the people so as to motivate for using of the same
irrespective of the higher investment and lack of knowledge over the same. In
similar backdrop with this project we decided to support government mission of
promoting renewable and commercialise Renewable energy technology through
carbon finance route.
The project activity will primarily result in
reducing Green House Gas emission and abates environmental pollution through
restraining of utilisation of grid power which is predominantly of fossil fuel
origin. The incorporation of the project activity will also result in
conservation of fossil fuel and thereby arriving at an optimal energy mix in
furtherance of the aim of national energy security.
Clean Development Mechanism (CDM):
Global concern about the impact of climate change, and
particularly its adverse impacts on developing countries, and the related significant
economic costs associated with inaction, have recently prompted greater
attention by the international community. As a part of Global imitative to
combat the detrimental effect of climate change the international community
after couple of meeting arrived at protocol in December 1997, at Kyoto, Japan,
commonly known as Kyoto Protocol under UNFCCC that commits
developed countries and countries with economies in transition (Annex I
parties) to achieve quantified emissions reduction targets. These countries
agreed to reduce their overall emissions of six GHGs by an average of 5.2%
below 1990 levels between 2008 and 2012 (the first commitment period), with
specific targets varying from country to country. i.e. CO2, CH4, N20, PFC, HFC,
SF6. The protocol initiated three flexibility mechanism out of which CDM was
framed incorporating initiatives from developed and developing country. CDM is
a flexibility mechanism under Kyoto Protocol that aims at cleaner initiative in
the domain of developing country supported by developed country. The initiative
undertaken will result in sustainable development of the host developing
country in one hand whereas the same will help the developed country to meet up
their emission reduction compliance at a comparatively lower cost.
Brief Description of the Project Activity:
The project activities envisage deployment of solar
water heater system at domestic, commercial and industrial premises to meet up
the low temperature hot water requirement. The technology involves utilising of
Solar thermal energy received on earth surface to usable form. The SWH system
(FPC/ETC) works on the principle of black body intercepting the solar radiation
converting solar energy into heat which is transferred to the fluid. The SWH
system comprises of the collector that are insulated at the bottom and exposed
to solar radiation. As the black surface absorbs radiation in the complete wave
length region of the solar spectrum, it gains heat and starts loosing heat to
the surrounding. To prevent the heat loss the collector is enclosed within a
glass enclosure that provides a green house effect. Glass allows transmitting
most of the visible part of the radiation and part of the near infra red
radiation however it is opaque to infrared wavelength range in which the hot
plates emit radiation. The heat absorbed by the solar collector is transferred
to the water flowing through it. Heated water is collected in the tank which is
insulated to prevent heat loss. Circulation of the water from the tank through the
collector and back to the tank continues automatically due to the density
difference between the hot and cold water by thermo siphon effect or through
use of small pump.
