DUBLIN, June 2 /CNW/ - EcoSecurities, a leading company in the business
of sourcing, developing, and trading carbon credits from greenhouse gas
emission reduction projects, announces the registration of the Rotor Elektrik
Uretim wind farm in Osmaniye, Turkey, under the Gold Standard in May 2009.
Zorlu Enerji has constructed the first phase of the project, which
currently has 15 turbines in place. The wind farm will become operational in
the next few weeks and has an installed capacity of 37.5 MW. During the course
of this year and into 2010 a further 29 wind turbines will be installed
resulting in 54 wind turbines in total, with an installed capacity of 135 MW,
saving around 300,000 tonnes of carbon dioxide (CO2) per year.
"We are proud to have registered the largest project under the Gold
Standard and this success is attributed to the commitment of Zorlu Enerji,
EcoSecurities and our Turkish partner, Il Tekno, to succeed in the emission
reduction business in Turkey. The project's Gold Standard Verified Emission
Reductions (VERs) will be retired for entities seeking to offset their
emissions from high quality projects with tangible social and environmental
impacts", said Souheil Abboud, EcoSecurities' Middle East Regional Director.
Murat Sungur Bursa, CEO of Zorlu Energy Group, states that their Group
prioritises its investments in renewable energy projects to those with high
socio-economic benefits. "We should take action to protect the world from
which we take our energy. All companies in the energy sector should be working
towards providing secure and sustainable energy sources for future
generations, as well as providing them with a clean environment", added Mr.
EcoSecurities carried out the emission reduction development cycle for
the wind farm, from the preparation of the Project Design Document (PDD)
including sustainability assessment and thorough stakeholder consultation, to
validation and registration of the project under the Gold Standard. The first
verification for the emission reductions achieved by the wind farm is planned
EcoSecurities has over 40 high quality emission reduction projects within
its voluntary portfolio, covering a range of geographies, technologies and
standards. These standards include; the Gold Standard, the Clean Development
Mechanism (CDM), the Voluntary Carbon Standard (VCS), the California Climate
Action Registry (CCAR) and Pre-CDM. To access up to date project information
on EcoSecurities diverse Voluntary Emission Reduction (VER) portfolio visit
About Rotor Elektrik Uretim Osmaniye Wind Farm
Zorlu Energy Group's Rotor Elektrik Uretim Osmaniye Wind Farm is the
largest wind energy power plant in Turkey. The project will include a total of
54 wind turbines, and its installed capacity will be 135 MW when fully
commissioned in 2010. The first phase of the project will be commissioned in
the second half of 2009. The total investment cost of Osmaniye Wind Farm is
200 Million Euros.
About Zorlu Energy Group
Founded in 1993 as Zorlu Energy Electricity Generation Co. Inc., Zorlu
Energy Group is currently a leading power group in Turkey. Zorlu Energy Group
operates 15 power plants, with a total installed capacity of 560 MW of
electricity, and 207 tons/hour of steam.
Besides electricity generation, the Group undertakes natural gas
exploration activities, and distributes natural gas in the Turkish regions of
Thrace and Gaziantep.
Zorlu Energy Group has a strong presence in Europe, Asia and the Middle
East. Additional information is available at http://www.zoren.com.tr
EcoSecurities has spent the last 11 years focusing on the area of climate
change mitigation activities and is now one of the leading organisations in
the business of sourcing, developing and trading emission reductions.
EcoSecurities' emission reduction portfolio is one of the largest in the
industry covering a wide range of emission reduction standards (Gold Standard,
CDM, VCS etc), technology types and geographical locations. In addition
EcoSecurities also provides clients with carbon management services, helping
them understand and deal with an increasingly carbon constrained world.
EcoSecurities Group plc is listed on the London Stock Exchange AIM
(ticker ECO). Additional information is available at
For further information:
For further information: Rachel Mountain, Global Marketing Manager,
EcoSecurities, +44(0)1865-296-922, email@example.com