Pacific Hydro in new carbon Joint Venture with leading Australian engineering consulting firm

Two of Australia’s leading greenhouse gas emission reduction project developers and consultants, Pacific Hydro and SMEC (Snowy Mountains Engineering Corporation), have joined forces to create a carbon services Joint Venture called Perenia.

About Perenia

Perenia offers a complete carbon service providing expertise throughout the project development and carbon credit creation and commercialisation value chain. It will assist developers of emission reduction projects in developing countries create and sell carbon credits under the Clean Development Mechanism (CDM) of the Kyoto Protocol. The business will focus on renewable energy and low emission generation, waste management, energy distribution and energy-demand projects in India and Brazil.

The Perenia edge

Perenia differs significantly from most of its competitors. The business is focused on working closely with developers throughout the project life-cycle, assisting in identifying and optimising emission reduction project development and CDM registration opportunities.

Perenia will use its proprietary tool Project Screen, developed and refined through the partners combined 50 years experience in identifying, designing, and operating emission reduction projects, to assess each project concept for development, registration and carbon-credit delivery risk.

By identifying and managing potential issues, not only do project developers have the confidence of an increased likelihood of CDM registration, but buyers can be confident that screened projects will deliver the carbon credits they’ve committed to purchase.

For more about Perenia go to www.pereniacarbon.com

Our partner

SMEC, or Snowy Mountains Engineering Corporation, is one of the world’s leading engineering and development consultancies. Providing consulting services in engineering, project management, environmental management and development activities, SMEC has been engaged in assignments throughout the world for 30 years. 

SMEC has been active in climate change consulting since 1998 and in the CDM since 2005, with the registration of the 55WM Lihir Geothermal Power Project in Papua New Guinea.  Since that time the Company has built a diverse portfolio of CDM projects throughout the Asia-Pacific region. 

For more information on SMEC visit www.smec.com.au