TOTORAL WIND FARM PROJECT

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TOTORAL WIND FARM PROJECT Document Prepared By Knut Vrålstad Project Title Totoral Wind Farm Project Version 2.0 Date of Issue 29-03-2012 Prepared By Knut Vrålstad, SN Power Invest AS Contact Lilleakervn. 8 PO Box 200, Lilleaker 0216 Oslo Norway 1

Table of Contents 1 Project Details... 33 1.1 Summary Description of the Project... 33 1.2 Sectoral Scope and Project Type... 33 1.3 Project Proponent... 33 1.4 Other Entities Involved in the Project... 33 1.5 Project Start Date... 34 1.6 Project Crediting Period... 44 1.7 Project Scale and Estimated GHG Emission Reductions or Removals... 44 1.8 Description of the Project Activity... 44 1.9 Project Location... 44 1.10 Conditions Prior to Project Initiation... 65 1.11 Compliance with Laws, Statutes and Other Regulatory Frameworks... 66 1.12 Ownership and Other Programs... 66 1.12.1 Proof of Title... 66 1.12.2 Emissions Trading Programs and Other Binding Limits... 76 1.12.3 Participation under Other GHG Programs... 76 1.12.4 Other Forms of Environmental Credit... 76 1.12.5 Projects Rejected by Other GHG Programs... 76 1.13 Additional Information Relevant to the Project... 76 2 Application of Methodology... 87 2.1 Title and Reference of Methodology... 87 2.2 Applicability of Methodology... 87 2.3 Project Boundary... 87 2.4 Baseline Scenario... 87 2.5 Additionality... 87 2.6 Methodology Deviations... 88 3 Quantification of GHG Emission Reductions and Removals... 88 3.1 Baseline Emissions... 88 3.2 Project Emissions... 98 3.3 Leakage... 98 3.4 Summary of GHG Emission Reductions and Removals... 98 4 Monitoring... 98 4.1 Data and Parameters Available at Validation... 98 4.2 Data and Parameters Monitored... 98 4.3 Description of the Monitoring Plan... 99 5 Environmental Impact... 99 6 Stakeholder Comments... 109 2

1 PROJECT DETAILS 1.1 Summary Description of the Project 1.2 Sectoral Scope and Project Type Sectoral scope: Project type: Grouping: 01 Energy Industries (Renewable / non-renewable) Wind Power The project is not a grouped project 1.3 Project Proponent Project proponent Contact information Role / responsibilities Norvind S.A Mr. Roberto Leiva email:roberto.leiva@snpower.com Vitacura 2939, office 2801 CP 7550011 Las Condes, Santiago Chile Project owner, responsible for monitoring SN Power Chile Inversiones Eléctricas Ltda. Mrs. Vinka Hildebrandt email:vinka.hildebrandt@snpower.com Vitacura 2939, office 2801 CP 7550011 Las Condes, Santiago Chile Shareholder of Norvind, VERPA off taker 1.4 Other Entities Involved in the Project 1.5 Project Start Date The Project start date is 08-12-2009. 3

1.6 Project Crediting Period Project start date: 08-12-2009 on which the project activity began reducing or removing GHG emission. The Project has been registered successfully as a CDM project on December 7th, 2010. That is, the period from 08-12-2009 to 06-12-2010 (including both days) is considered as the Project crediting period for VCUs. 1.7 Project Scale and Estimated GHG Emission Reductions or Removals Project Mega-project X Years Estimated GHG emission reductions or removals (tco2e) 2009 2,729 2010 54,011 Total estimated ERs 56,740 Total number of crediting years 1 Average annual ERs 56,740 1.8 Description of the Project Activity 1.9 Project Location The wind farm is located in the Canela community, Choapa Province, Coquimbo region, Chile. The project activity is located 294 km north from Santiago de Chile and 79 km north from Los Vilos, between the Pan-American Highway and the Pacific Ocean. The coordinates of the project are the following: 4

Table 1: Coordinates 1 of the Project Area Wind Turbine Generator East (m) North (m) (WTG) M1 252.642 6.531.344 M2 252.389 6.531.208 M3 252.103 6.531.245 M4 251.831 6.531.311 M5 251.546 6.531.368 M6 252.779 6.529.683 M7 252.567 6.529.884 M8 252.290 6.530.042 M9 251.926 6.529.950 M10 251.601 6.529.965 M11 253.095 6.528.891 M12 252.784 6.528.768 M13 252.479 6.528.850 M14 252.181 6.528.793 M15 251.909 6.528.899 M16 251.597 6.528.867 M17 253.410 6.527.621 M18 253.086 6.527.608 M19 252.797 6.527.603 M20 252.508 6.527.610 M21 252.213 6.527.650 M22 251.895 6.527.720 M23 251.229 6.527.688 The following figures show the location of the project activity: 1 UTM 19 WGS 84 5

Figure 1: Map of Chile and Location of the Totoral Wind Farm Project 1.10 Conditions Prior to Project Initiation The project activity consists of the installation of a new wind power plant at a site which was not inhabited or developed in any way, and where no renewable power plant was operated prior to the implementation of the project activity. It does not result in the creation of any GHG emissions. The purpose of the project activity was to generate and supply clean energy to the electricity grid. 1.11 Compliance with Laws, Statutes and Other Regulatory Frameworks 1.12 Ownership and Other Programs 1.12.1 Proof of Title The title of the project activity is Totoral Wind Farm Project. The CDM Host Country Letter of Approval from the Ministry of Environment of Chile, dated 2nd December 2011, endorses the project under this title and authorises the participation of the project proponents. This documentary evidence is furnished to the DOE. 6

1.12.2 Emissions Trading Programs and Other Binding Limits The Project has been registered as a CDM project on 07/12/2010, for which a renewable crediting period of 3 7 years will be used under the CDM GHG Program. Therefore, CO2 emission reductions generated by the Project during the CDM crediting period will be verified as unique CERs but not VCUs to avoid double counting. As to the project under VCS (Version 3), only emission reductions achieved before CDM registration - from 08/12/2009 to 06/12/2010 - will be considered as VCUs, which will be sold only once. The net GHG emission reductions generated by the project will not be used for compliance of any emission trading program or to meet binding limits on GHG emissions. No program of this kind has been implemented in the country during the monitoring period. 1.12.3 Participation under Other GHG Programs The Project has been registered as a CDM project with registration number 3252. 1.12.4 Other Forms of Environmental Credit The Project has not created, nor will it create any other form of GHG-related environmental credits based on the production during the VCS crediting period. 1.12.5 Projects Rejected by Other GHG Programs 1.13 Additional Information Relevant to the Project Eligibility Criteria The project is not a grouped project, so no eligibility criteria are specified. Leakage Management No fossil fuel will be consumed by the Project activity, so no leakage need to be considered in the Project. Commercially Sensitive Information No commercially sensitive information has been excluded from the public version of the project description. Further Information Not applicable 7

2 APPLICATION OF METHODOLOGY 2.1 Title and Reference of Methodology PROJECT DESCRIPTION: VCS Version 3 2.2 Applicability of Methodology 2.3 Project Boundary 2.4 Baseline Scenario 2.5 Additionality 2.6 Methodology Deviations 3 QUANTIFICATION OF GHG EMISSION REDUCTIONS AND REMOVALS 3.1 Baseline Emissions 8

3.2 Project Emissions 3.3 Leakage 3.4 Summary of GHG Emission Reductions and Removals 4 MONITORING 4.1 Data and Parameters Available at Validation 4.2 Data and Parameters Monitored 4.3 Description of the Monitoring Plan 5 ENVIRONMENTAL IMPACT 9

6 STAKEHOLDER COMMENTS 10