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Project Type
Rooftop + Floating Solar PV
Project ID: To be confirmed
Credits / Year
SDG Impact
SDG 7, 8, 11, 13, 16
10-Year Program
Electricity across the Maldives has historically relied on diesel generators due to the absence of a centralized grid connecting scattered islands. This project replaces diesel generation with renewable solar power through rooftop PV and floating solar arrays engineered for marine environments—designed to handle saltwater exposure and tropical conditions.
By displacing fossil-fuel electricity on isolated island grids, the project generates measurable and verifiable CO₂ reductions that can be issued as carbon credits.
CORSIA-eligible: The project’s credits are positioned as CORSIA-eligible, enabling use for aviation decarbonisation alongside voluntary climate commitments.
The project supports SDG outcomes commonly associated with renewable energy deployment in island contexts, including:
Avoids emissions through direct displacement of fossil-fuel electricity.
Increases access to clean, reliable electricity by replacing diesel-based generation with solar power.
Supports employment through installation, operations, and ongoing maintenance.
Improves energy resilience and reduces dependency on imported fossil fuels.
Structured stakeholder engagement and grievance mechanisms strengthen transparency and accountability.
Estimated annual credits: 45,000 tCO₂e / year
Next credit issuance: Q4 2026
Crediting period: 2025–2035
The project follows a robust MRV approach aligned with registry requirements, including metering, monitoring of electricity generation, operational documentation, and periodic third-party verification—supporting credible issuance of carbon credits over the crediting period.
Methodology: AMS-IF — Renewable Electricity Generation for Isolated Grids
Discover how Econetix can help you verify, manage, and scale your carbon assets with confidence.
Verified Impact Across
Global Projects
Science-Backed Carbon
Asset Management
Real-Time MRV and
Transparent Reporting
Backed by Industry-Leading Standards