**Environmental Impact**: By reducing reliance on fossil fuels, Ovid Wind LLC promotes environmental sustainability and contributes to the reduction of the carbon footprint.

**Economic Benefits**: The facility boosts the local economy by creating jobs and meeting the region’s energy demands.

**Technological Advancement**: Equipped with cutting-edge GE 3.6-137 turbines, Ovid Wind LLC fosters the adoption of innovative energy solutions in the region.

More than just a power generation site, Ovid Wind LLC symbolizes progress and innovation, driving regional growth with every revolution of its turbines.

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Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.

Level 1 additionality

Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.

Level 2a additionality

Technology, institutional, common practice additionality. The project must implement actions that are subject to barriers of implementation or accelerate deployment of technology or activities and carbon market incentives are essential in overcoming these barriers.

Level 3 additionality

Europe

The International Carbon Registry operates an international greenhouse gas program for the registration of climate projects and issuance of high-integrity carbon credits.

International Carbon Registry

Grid-connected electricity generation from renewable sources

As a renewable electricity generation project, Ovid WFP will contribute to increase of renewable energy share in the total final energy consumption through providing 115,428.17 MWh clean energy annually to the Ukraine grid. 
Project activity has also supports Ukraine in stimulating and commercializing the use of grid connected renewable energy technologies and markets, which are far more environmentally friendly. This will contribute to diversification of Ukraine electricity generation mix which is currently dominated by the fossil fueled power plants. Such a diversification is a long term benefit of the project activity for combatting global climate change.


Ensure access to affordable, reliable, sustainable and modern energy for all

SDG 7: Affordable and Clean Energy

Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all (SDG 8.5.1)
During construction and operation period, project directly and indirectly generates job opportunities, which results in enhancing local employment and contributing to reducing local poverty. Project provided short term jobs during construction; and has been providing long term jobs during operation with minimum number of 13 employees. Out of these 13 employees, 6 of them are local from Ovidiopol and near districts.


Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

SDG 8: Decent Work and Economic Growth

Goal 13. Take urgent action to combat climate change and its impacts (SDG 13.2.2)
The most significant SDG impact of the project is its contribution to combat climate change. Project activity, by producing renewable electricity, will annually achieve 74,239 tCO2/year emission reductions. 


Take urgent action to combat climate change and its impacts

SDG 13: Climate Action

Energy industries

Ovid Wind Farm Project (WFP) is a renewable type of wind power plant, located in Odesa in Ukraine with an operation start date of 1 May 2019. The purpose of the project is to provide renewable electricity to the Ukraine grid through harnessing wind energy. Project aims reducing the dependency on fossil fuel based electricity generation in Ukraine, hence reducing the local environmental pollution and contributing to combatting global climate change. Ovid WFP is a large scale project activity with an installed capacity of 32.67 MW, providing 115,428.17 MWh/year clean electricity to the Ukraine grid system, and achieving 74,239 tCO2 of emission reduction annually. Project activity is expected to achieve 742,390 tCO2 emission reductions during the 10-year crediting period.

Ovid Wind Farm Project

Ukraine

Energy industries

ACM0002

Ovid Wind LLC.

Ukraine