Saint Nikola Wind Farm

Saint Nikola Wind Farm

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Saint Nikola Wind Farm

As low as €8.70 /tCO₂e
Harnessing wind power to boost Bulgaria’s renewable future
Availability:
Only %1 left

Project Overview

Despite its growing vulnerability to extreme weather and thus the climate crisis, Bulgaria continues to depend largely on fossil fuels, in particular coal. Struggling to kick-start its energy transition, solar and wind power made up only 1.7% of the country’s total energy consumption each in 2021, and around 3% each of electricity generation. Transitioning to renewables is an absolute necessity for Bulgaria to safeguard it's future from a social, economic and environmental perspective. 

Solution Description

The Saint Nikola wind project is located in the Municipality of Kavarna, Bulgaria, and involves the construction and operation of 52 wind turbines that are connected and supply electricity to the national Bulgarian grid. 

Sustainable Development Goals

7 - Affordable and Clean Energy

300,000 MWh

of clean electricity generated each year

8 - Decent Work and Economic Growth

Local employment

created, boosting the local economy

13 - Climate Action

250,000 tonnes of CO2e

reduced on average each year

Impact

 As well as generating renewable electricity and reducing reliance on fossil fuels - the project creates job opportunities for the local community while additionally contributing to local infrastructure such as the upgrades to local roads and providing finance to local health care clinics.

Project Information

Project Name
VCS1258 Saint Nikola Wind Farm
City
-
Country
Bulgaria
Solution Type
Wind Onshore
Methodologies
ACM0002
Scale
Large scale
Grouping
Single Project
Sectoral Scope
Energy (renewable/non-renewable)
Standard
VERIFIED CARBON UNIT
Registries

Vintage

In carbon credits, a "vintage" indicates the year a specific amount of CO2 (measured in tonnes) was successfully reduced or removed from the atmosphere.
2018

0.5 tCO2e