ALLCOT Trading

Fostering sustainable development through renewable energy generation

CABO LEONES WIND FARM

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Located
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Contribution

Cabo Leones Wind Farm aims at generating wind-powered renewable energy, contributing to the displacement of fossil fuel as energy generation sources

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Diversifying Chile’s energy generation mix

Using the power of wind to generate energy reduces the dependence of fossil fuel-based electricity generation, which comes with great and significant environmental benefits, contributing to sustainable development.

Cabo Leones Wind Farm will increase the percentage of renewable sourced power in the Chilean grids, promoting the growth of renewable capacity and diversifying the Chilean generation mix.

Raising living standards in the Atacama region

Project activities include the transfer and acquisition of skills, as well as the promotion of administrative and rural property regulation.

By creating local employment and professional job positions, the living standards of the area are raised.

By 2030, the project aims at achieving and sustaining an income growth of the bottom 40% of the population, a higher rate than the national average

The project is located in Huasco province, 3rd Region of Atacama, in the North of Chile.

Centralised in the Freirina Commun, communities near the project such as Los Burros Sur- La Reina, Caleta Chañaral de Aceituno and Carrizalillo have signed collaboration agreements with Cabo Leones wind farm.

The project

About the project

With a project durability of 25 years, the Cabo Leones wind farm holds an installed capacity of 115.5 MW with a generation capacity of renewable energy of approx. 367 GWh per year, avoiding the emission of 350,000 tons of CO2.

The project is registered in the Gold Standard (GS 12065) and actively contributes to the achievement of Agenda 2030’s SDGs.

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generated from 2018 to 2020 through the Clean Development Mechanism

What is the project's contribution?

Annual renewable energy generation capacity of approximately 428GWh

175,000 households with their energy needs covered

Avoidance of approximately 350,000 tons of CO2 emissions into the atmosphere

Creation of job positions, hiring up to 100 qualified and non-qualified workers

Semi-desert to non-emission generating nature

As a greenfield renewable energy power plant, the existing scenario prior to the project implementation was a semi-desert, with spare vegetated, coastal winded pasture and shrub land.

Project activities include the commitment to manage the area’s soil to preserve existing plant bulbs, rescuing and relocating native flora species, raising awareness of flora and fauna conservation and measures to prevent and protect local birdlife.

The Gold Standard is a standard for voluntary carbon offset projects that aim to reduce greenhouse gas emissions. It requires projects to meet rigorous environmental and social criteria and ensures the offset credits generated are of the highest quality.

The Gold Standard is widely recognized as a leading certification body for carbon offsetting and has played a significant role in advancing sustainable development and climate action.

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How does this project contribute to the SDG’s?

The activities implemented as part of this project contribute to the achievement of Agenda 2030’s Sustainable Development Goals in the beneficiary communities, with a special focus on:

Substantially increase the share of renewable energy in the global energy mix by 2030.

By reducing 260,825 tCO2e, the project contributes to the National SDG 13 Target 13.2: Integrate climate change measures into national policies, strategies, and planning

Achieve full and productive employment and decent work for all women and men, including for young people and people with disabilities, and equal pay for work of equal value by 2030

Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity and, by 2020, protect and prevent the extinction of threatened species 

Progressively achieve and sustain income growth of the bottom 40 percent of the population at a rate higher than the national average

Disclaimer

Cabo Leones Wind Farm’s project is owned by Ibereólica Cabo Leones I S.A and developed and marketed by ALLCOT.

The project has been registered under Gold Standard. The project complies with all the protocols required by the standard.

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