SoWiTec Group services

SOWITEC trading develops models and processes all necessary documentation for the registration of SOWITEC`s wind farm projects in Latin America. The development process begins with a review of the project`s eligibility for the participation in the Clean Development Mechanism under financial and regulatory aspects. After successful completion of the due diligence, our team creates a comprehensive project description in accordance with the requirements of the UNFCCC and the host country. This includes the preparation of a baseline scenario, the calculation of the CO2 emission factor, the demonstration of additionality based on a financial model and finally the development of a detailed monitoring plan in accordance with national governmental and international standards.

SOWITEC trading supervises projects throughout their entire lifetime. Our main focus is to provide a complete monitoring of the CO2 savings yielded by the wind farm by generating clean electricity. This includes the implementation and accurate documentation of the CO2 monitoring and the attendance of the auditors during the verification of the CO2 emission reductions. Both are requirements for the swift issuance of carbon credits to the project.

Some SOWITEC wind farms are qualified for other carbon standards than CDM. For every project, SOWITEC trading determines the optimal strategy for the participation in the carbon market and takes over all project development tasks for the registration of the wind farm as a CO2-reduction project. We cover the registration of projects under the Gold Standard projects, as Joint Implementation projects and as well as voluntary CO2 compensation measures.