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LRQA verifies Orb Energy’s Solar Project against Gold Standard
  • USA - English


News provided by

LRQA

Apr 08, 2014, 05:00 ET

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(PRWEB UK) 8 April 2014 -- LRQA has verified the Orb Energy Solar Project in India against the Gold Standard (GS). The project involved the installation of solar photovoltaic (PV) and solar thermal systems in the state of Karnataka. The aim was to reduce greenhouse gas (GHG) emissions by substituting conventional fossil fuels and grid electricity through the installation of solar PV and solar thermal systems. The contract was awarded by JP Morgan Ventures Energy Corporation who selected LRQA as their preferred verifying agency in South Asia.

This contract takes LRQA into an area of the global carbon market which seeks not only to reduce GHG emissions but also creates tangible benefits for local people, and we look forward to continuing to add value to society through subsequent verifications

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The project involved the installation of 19,303 solar water heaters and 13,667 solar PV systems which resulted in the provision of more affordable and cleaner energy for the local residents. Such initiatives to provide affordable energy solutions from renewable sources, adds significant value to society, particularly in an energy deficit economy like India. This has in turn created more than 500 permanent jobs and many temporary/indirect jobs through its supply chain, thereby securing livelihoods for both skilled and unskilled workers of the state. With a focus on sustainability, the added bonus resulting from the project is that any used batteries generated by the solar PV systems have been correctly recycled, thereby minimising any negative environmental impacts.

“This contract takes LRQA into an area of the global carbon market which seeks not only to reduce GHG emissions but also creates tangible benefits for local people, and we look forward to continuing to add value to society through subsequent verifications,” said Archak Pattanaik, Climate Change Services Manager of LRQA South West Asia.

“Following the successful delivery of this GS contract, the LRQA team is expanding our service scope to new carbon markets and we are already creating project demand that will generate positive returns for both local communities and stakeholders,” said Krishna K. Nair, Business Centre Manager of LRQA South West Asia.

Since entering the GS market in 2013, LRQA India has been steadily increasing its portfolio of climate change and sustainability services through the delivery of verification services against GS and VCS (Verified Carbon Standard) contracts.

END

Notes to Editors:

About LRQA
LRQA is a leading independent provider of assessment services including certification, validation, verification and training.

LRQA is a division of Lloyd’s Register, a global engineering, technical and business services organisation wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. Founded in 1760 as a marine classification society, Lloyd’s Register now operates across many industry sectors, with over 9,000 employees in the Group across 78 countries.

Lloyd’s Register has a long-standing reputation for integrity, impartiality and technical excellence. Our compliance, risk and technical consultancy services give clients confidence that their assets and businesses are safe, sustainable and dependable. Through our global technology centres and research network, Lloyd’s Register is at the forefront of understanding the application of new science and technology to future-proof our clients’ businesses.

About the Gold Standard
Established in 2003 by the WWF, the GS is an award winning certification standard for carbon mitigation projects and is endorsed by more than 85 NGOs worldwide, multiple governments and multinationals. The GS Foundation certifies renewable energy, energy efficiency, waste management and land use and forest carbon offset projects to ensure that they all demonstrate GHG reductions and sustainable development benefits in local communities that are monitored, reported and verified.

About Orb Energy
Orb Energy is head-quartered in Bangalore. Orb's main activities are design, manufacturing, sales, marketing, installation and servicing of solar systems through a network of branches and channel partners. Customers who are interested in learning more about Orb Energy and its product range are invited to call our customer care line on +91 9900520505 and visit our web-site at http://www.orbenergy.com.

Philippa Weare, PR Manager, LRQA, http://www.lrqa.com, +44 2476882386, [email protected]

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