Climatenza — Colgate-Palmolive Sanand Solar Thermal Project

Client: Colgate-Palmolive
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Climatenza — Colgate-Palmolive Sanand Solar Thermal Project Assessment v4

Developer Climatenza
Location Colgate-Palmolive Sanand Factory, Sanand, Gujarat, India, Sanand, Gujarat, India
Methodology AMS-II.C: Thermal energy production with or without electricity
Est. Emissions Reduction 308 tCO2e/yr
Indicative Allocation EUR 300,000 ⓘ Portfolio allocation
Period 6 months
Status Draft
Start Date 05/04/2026
End Date 05/10/2026
Offer Parameters & Calc Defaults committed by project owner — investors see these in the Finance Calculator
Carbon Project Parameters
Royalty Rate 0.00%
Project AI Research Agent
Project Story
Feasibility study for an ASC-based solar process-heat installation at Colgate-Palmolive Sanand to displace natural gas for steam, delivering ~2,201 tonnes/year of solar steam and reducing ~308 tCO2e/year.

Overview

Climatenza conducted a comprehensive feasibility study for integrating an ASC-based solar process heat system at Colgate-Palmolive's Sanand facility in Gujarat, India.

The study covers technical feasibility, financial viability, sustainability impact, and geopolitical risk, aiming to validate a phase-1 deployment of 6 ASC15 concentrators connected downstream of the PRS at 2.8 bar(g) into the LP steam system, with a dedicated HTF loop and thermal storage.

The integration ensures solar steam is injected into the LP header, preserving boiler master control while enabling storage dispatch to smooth demand.

Resource assessment shows Sanand's DNI is high enough for CSP viability with eight months of strong solar resource.

Economic analyses indicate a pre-tax IRR of 15.8%, a simple payback of 7.0 years, LCOH of INR 1,554/MMBtu, and annual CO2e avoidance of 308 tCO2e.

Phase 2 expansion to 12 ASC15 units could raise solar fraction to ~80-85% annually and approach near-full coverage for 8 months, with cost reductions per unit and enhanced decarbonization.

The project aligns with Colgate's renewable electricity mix (46.8%) and presents a strategic hedge against LNG price volatility, particularly under Strait of Hormuz disruption scenarios.

The document also outlines implementation timelines, risk analyses, and a pathway toward full decarbonization with 16 ASC15 units in the long term.

Verified Impact Data Card
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Verified Impact Data Card

Climatenza — Colgate-Palmolive Sanand Solar Thermal Project

TZ-4797
Methodology: AMS-II.C: Thermal energy production with or without electricity Vintage: 2026
Baseline 678 tCO2e / year
Net Reduction 308 tCO2e / year
DePIN Integrity
82
DEMO
Data Quality Demo Data
REC 100.0%
Pre development
Client: Colgate-Palmolive Developer: Climatenza Location: Colgate-Palmolive Sanand Factory, Sanand, Gujarat, India, Sanand, Gujarat, India Methodology: AMS-II.C: Thermal energy production with or without electricity
✓ Scope 3 Category 15 Compliant ✓ GHG Protocol Aligned CSRD ESRS E1

This project's impact data is structured for Scope 3 Category 15 (Investments) reporting. Verified emissions reductions can be attributed to investor portfolios under the GHG Protocol Corporate Value Chain standard.

CSRD alignment under ESRS E1 (Climate Change) is in preparation and will be available once the EU taxonomy technical screening criteria are finalised for this project category.

Emissions Reduction Breakdown
308.0 tCO2e/yr
● CO₂: ~307.1t ● CH₄: ~0.62t CO₂e ● N₂O: ~0.31t CO₂e
Preview available — full automated export in Phase 2
DePIN monitoring available in Phase 2.
Decentralised physical infrastructure network integration
will provide real-time MRV telemetry for this project.
DePIN Sensor Summary DEMO
YTD Generation
184,200 kWh
Avg Irradiance
512 W/m²
Uptime
99.1%
Nodes Online
7 of 8
VVB Status Pending designation
Assessment Iteration v4
Evidence Tier Tier 0 — Unverified
Commitment Hash
Committed At
Blockchain Reference
Project Intelligence

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What is this card?

The Verified Impact Data Card summarises the key environmental and assurance metrics for this project. Data is pulled live from VCS assessments and on-chain commitments.

How to read the data

  • Emissions Reduction — Estimated annual CO2e avoided or removed, derived from the project's VCS methodology and baseline scenario.
  • Overall Score — Composite VCS readiness score (0–100%) covering additionality, permanence, leakage, and MRV quality.
  • REC % — Alignment with Renewable Energy Certificate issuance criteria.
  • EEC % — Alignment with Energy Efficiency Certificate criteria.
  • Phase — Current stage in the project development lifecycle.
  • DePIN Integrity — Data integrity score from decentralised sensor network (uptime, calibration, completeness).

Glossary

  • VCS — Verified Carbon Standard (Verra), a leading carbon credit certification programme.
  • tCO2e/yr — Tonnes of carbon dioxide equivalent per year.
  • VVB — Validation/Verification Body, the independent auditor that reviews project claims.
  • Evidence Tier — Classification of supporting evidence quality (e.g. Tier 1 = measured data, Tier 3 = default factors).
  • Commitment Hash — Cryptographic hash of the assessment data committed to blockchain for tamper-proof audit trail.
  • DePIN — Decentralised Physical Infrastructure Network, providing real-time sensor-based MRV data.
  • Scope 3 Cat. 15 — GHG Protocol category covering financed emissions from investments.
  • CSRD / ESRS E1 — EU Corporate Sustainability Reporting Directive, climate change disclosure standard.
  • MRV — Measurement, Reporting, and Verification.

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EEC & REC Project Credits Simulator v1.2.0

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Project:
VCS: Stage: Developer: View ↗
Source: LIVE
Tier:
CCY:
REC units: EF
Outlook: Haircut %
EUA
GEO
N-GEO
GO
I-REC
V-REC
EEC
CCUS
EV

REC Assumptions

Financial Projections

IRR
NPV
Payback
Total revenue

Investor Inputs (REC)

Total @ Today price
Total @ Forecast
Price CAGR

Per-Year Valuation — Today vs Forecast

Each year's tranche valued at today's price (flat) vs the forecast price of that year.

Voluntary: REC (Med-Low)

Voluntary: EEC / Removal (Med-High)

Compliance: EU ETS

REC Projects & SDG Synergies

  • SDG 7: More renewables displacing fossil power.
  • SDG 13: Verified reductions, market signal for clean power.
  • SDG 11: Cleaner air & resilient grids.

EEC Assumptions

Financial Projections

IRR
NPV
Payback
Total revenue

Investor Inputs (EEC)

Total @ Today price
Total @ Forecast
Price CAGR

Per-Year Valuation — Today vs Forecast

Each year's tranche valued at today's price (flat) vs the forecast price of that year.

Voluntary: EEC / Removal (Med-High)

Compliance: EU ETS

EEC Projects & SDG Synergies

  • SDG 9: Industrial modernisation, AI/dMRV.
  • SDG 12: Resource efficiency & demand-side abatement.
  • SDG 7: "First fuel" energy efficiency.

CCUS Assumptions VM0049 · Industrial CCS

Pricing: bilateral offtake $30–80/t · 45Q floor $60–85/t (US) · no liquid spot market

Financial Projections

IRR
NPV
Payback
Total revenue

Investor Inputs (CCUS)

Total @ Today price
Total @ Forecast
Price CAGR

Per-Year Valuation — Today vs Forecast

Each year's tranche valued at today's price (flat) vs the forecast price of that year.

CCUS / Industrial CCS (VM0049)

Compliance: EU ETS

CCUS Projects & SDG Synergies

  • SDG 9: Industrial innovation — point-source capture at cement, steel, refining facilities.
  • SDG 13: Hard-to-abate sector decarbonisation; permanent geological storage.
  • SDG 11: Cleaner industrial zones, reduced local air pollutants alongside CO₂.

VM0049 (Verra, June 2024): modular CCS methodology covering geological storage, CO₂ utilisation, and transport pathways. 45Q tax credit provides a $60–85/t USD policy floor in the US.

EV Fleet Assumptions VM0038 · Transport Electrification

Pricing: $2–5/t spot VCM · $6–10/t premium bilateral · CORSIA-eligible · 46.4% CAGR sector

Financial Projections

IRR
NPV
Payback
Total revenue

Investor Inputs (EV Fleet)

Total @ Today price
Total @ Forecast
Price CAGR

Per-Year Valuation — Today vs Forecast

Each year's tranche valued at today's price (flat) vs the forecast price of that year.

EV Fleet Credits (VM0038)

Voluntary: REC (Med-Low)

EV Fleet Projects & SDG Synergies

  • SDG 7: Clean transport powered by renewable electricity.
  • SDG 11: Sustainable cities — reduced urban air pollution, quieter streets.
  • SDG 13: Transport decarbonisation; CORSIA-aligned fleet credits.

VM0038 (Verra): telematics-verified VKT reduction, smart charging, baseline grid displacement. Transport credits are the fastest-growing VCM segment (46.4% CAGR). DePIN sensor networks add verifiability premium.

Feeds & Endpoints

Primary endpoint: /wp-json/tenza/v1/prices (Auto tries relative; falls back to https://tenza.one/wp-json/tenza/v1/prices).

Project data: /wp-json/wp/v2/tenza_project (loads meta: emissions, funding, scores, stage, tech type).

Venues: ICE (EUA), CME (GEO / N-GEO), EEX (GO); I-REC registry (regional indications); EEC modeled.

FX: ECB euro reference (cached daily).

Methodology

Forecast outlook: Conservative/Base/Optimistic scale the 2035 multiplier path and apply a sale-realisation haircut; small discount-rate nudge reflects risk.

REC pricing: V-REC/GO/I-REC converted to selected units (MWh or tCO₂e-eq via EF) and currency; tier factor applies to REC/EEC classes.

Financials: All internal calculations in the selected currency. Annual net flow = (credit revenue × (1−haircut) + optional savings) − O&M. KPIs: IRR (Newton-Raphson), NPV and discounted payback at your rate.

Currency handling: Capex, O&M and savings are all in the selected currency. Credit prices are converted from their native currency via ECB rates.

Standards & Registries

Primary standards: Verra (VCS) & Gold Standard. Tool is Verra-first but surfaces Gold Standard context where relevant.

Market intel: See AlliedOffsets (market/registry analytics) and Gold Standard Dashboard for reference data and methodologies.

Demo Data

When LIVE is unavailable or Demo is selected, seeded baselines are used for tickers and trends so charts never render blank. Badges above clearly show DEMO.

Project selector fetches live data from the WordPress REST API. If the API is unreachable, the selector is hidden and manual inputs remain fully functional.

Status Updates

LoI signed for a client-financed set of 4 project site surveys in India

Site-Wise Breakdown & Proposal

1. Oral Care Factory – Goa

Process Use: Heating water to ~185°F for dental cream production
Fuel: 351,130 m³ natural gas (2024)
Boilers: 2 (850 kg/hr) working + 3 (600 kg/hr) standby
Available Area: 1,263 m² (roof), 707 m² (ground)

Proposed Solar Thermal Integration:

System Size: ~1,500 m² ASC field (roof + ground)
Output: Hot water generation at 85–90°C
Integration Point: Pre-heat feed water into main process tank or boiler inlet
Carbon Savings: ~620 tonnes CO₂e/year

2. Personal & Home Care Factory – Baddi

Fuel: 379,621 m³ natural gas
Temperature Need: ~185°F (~85°C)
Boilers: 1×2TPH dual fuel + 3×600 kg/hr standby
Available Area: 2,854 m² (ground & roof)

Proposed Solar Thermal Integration:

System Size: ~2,500 m² ASC field
Output: Hot water loop integration into existing storage tank
Carbon Savings: ~675 tonnes CO₂e/year

Business Model

Model: CAPEX (client-owned)
Pilot Phase: Initial 300 m² system for testing & validation
Scalability: Expand to 2500–3000 m² in Phase 2
Proposal: Full feasibility report submitted to Colgate engineering team for validation

3. Toothpaste Plant – Barwala (Data Pending)
Assumptions:

Similar size to Baddi
Natural gas or diesel-based boiler
Steam/hot water heating process

Proposal:

Action: Conduct energy audit and boiler performance review
Preliminary Plan: Install 1,500–2,000 m² ASC field
Integration: Boiler feedwater preheating or direct process hot water
Expected CO₂ Reduction: ~400–500 tonnes/year

4. Toothbrush Manufacturing – Sanand (Tentative)

Load Type: Electrical load with potential hot water needs for cleaning/drying
Feasibility: To be determined based on process audit

Conceptual Proposal:

Use Case: Hot water for pre-cleaning or injection molding / cooling
Integration: Hybrid solar PV + thermal (if hot water needed)
Action: Initiate technical audit to determine heating/cooling use

VCS Readiness Assessment
Summary

The Colgate-Sanand ASC solar feasibility study demonstrates strong technical and economic foundations, including detailed ASC15 design, TES, HTF, robust DNI-based resource assessment, and compelling 25-year financial metrics. However, its VCS readiness is hampered by missing safeguards, stakeholder engagement documentation, a formal monitoring plan, and several PDD/ methodology compliance gaps that must be addressed before validation.

Scores
Overall Readiness
25%
REC Score
100%
EEC Score
0%
Checklist

Section 1: Project Details 54%

ItemStatusPDDNotes
Project Start Date1.11Evidence is missing.
Crediting Period Duration1.12Evidence is missing.
Crediting Period Type1.12Evidence is missing.
Other Certifications1.16Evidence is missing.
Host Country1.5Evidence is missing.
GPS Coordinates1.5Evidence is missing.
Project Proponent Contact1.8Evidence is missing.
Project Client / Offtaker1.8Evidence is weak or non-specific.

Section 2: Safeguards & Stakeholder Engagement 12%

ItemStatusPDDNotes
Stakeholder Consultation Process2.1Evidence is missing.
Stakeholder Feedback Summary2.1Evidence is missing.
Grievance Redress Mechanism2.2Evidence is missing.
No Net Harm Assessment2.4Evidence is missing.
Respect for Human Rights & Equity2.4Evidence is missing.
Worker and Labour Rights2.4Evidence is missing.
Free, Prior, Informed Consent (FPIC)2.4Evidence is missing.
Community Health and Safety2.4Evidence is missing.
Cultural Heritage Protection2.4Evidence is missing.
Gender Equality Considerations2.4Evidence is missing.
Indigenous Peoples Rights2.4Evidence is missing.
Biodiversity Impact2.4Evidence is missing.
Water Resource Impact2.4Evidence is missing.
Consultation Dates / Timeline2.1Evidence is missing.
Participant Demographics2.1Evidence is missing.
Written Grievance Records2.2Evidence is missing.
Biodiversity Baseline Assessment2.4Evidence is missing.
Stakeholder Feedback Integration Evidence2.1Evidence is missing.

Section 3: Methodology Application 46%

ItemStatusPDDNotes
Methodology Version3.1Evidence is weak or non-specific.
Methodology Applicability Check3.2Evidence is missing.
Additionality Demonstration Summary3.5Evidence is missing.
Regulatory Surplus3.5.1Evidence is missing.
Additionality Justification Type3.5.2Evidence is missing.
Investment Barriers3.5.2Evidence is missing.
Technological Barriers3.5.2Evidence is missing.
Common Practice Analysis3.5.2Evidence is missing.
Methodology Conformity Mapping3.2Evidence is missing.
Financial Hurdle Rate3.5.2Evidence is missing.
Market Conditions Analysis3.5.2Evidence is missing.
Regulatory Baseline Check3.5.1Evidence is missing.

Section 4: GHG Quantification 3%

ItemStatusPDDNotes
Baseline Emissions (tCO2e/yr)4.2Evidence is missing.
Baseline Emissions Approach4.2Evidence is missing.
Project Emissions (tCO2e/yr)4.3Evidence is missing.
Project Emissions Approach4.3Evidence is missing.
Leakage Emissions (tCO2e/yr)4.4Evidence is missing.
Leakage Assessment4.4Evidence is missing.
Net GHG Emission Reductions4.5Evidence is weak or non-specific.
Emission Factors & Data Sources4.2Evidence is missing.
Calculation Spreadsheet/Tool4.1Evidence is missing.
Uncertainty Assessment4.6Evidence is missing.
Ex-Ante Data ParametersTable in 4.2/4.3Evidence is missing.
Ex-Post Monitored ParametersTable in 5.1Evidence is missing.
GWP Values Source4.1Evidence is missing.
Baseline Fuel Consumption4.2Evidence is missing.
Project Fuel Consumption4.3Evidence is missing.
Energy Production / Savings4.2Evidence is missing.
Operating Hours / Capacity Factor4.2Evidence is missing.
Grid Emission Factor (Regional)4.2Evidence is missing.
Multi-GHG Breakdown (CO2/CH4/N2O)4.1Evidence is missing.
Uncertainty Quantification Method4.6Evidence is missing.

Section 5: Monitoring Plan 22%

ItemStatusPDDNotes
Monitoring Plan Summary5.1Evidence is missing.
Equipment Accuracy5.1Evidence is missing.
QA/QC Procedures5.2Evidence is missing.
Calibration Procedures & Frequency5.2Evidence is missing.
Data Management System (DCS/SCADA)5.3Evidence is missing.
Record-Keeping & Archiving5.3Evidence is missing.
Monitoring Roles & Responsibilities5.4Evidence is missing.
Emergency Procedures5.5Evidence is missing.
Equipment Make / Model5.1Evidence is missing.
Equipment Serial Numbers5.1Evidence is missing.
Equipment Installation Date5.1Evidence is missing.
Calibration Certificate Location5.2Evidence is missing.
Data Logger / Historian System5.3Evidence is missing.
Data Archival Retention Period5.3Evidence is missing.
Named Monitoring Responsible Party5.4Evidence is missing.
Non-Compliant Data Procedure5.2Evidence is missing.
Methodology
VCS Methodology
AMS-II.C: Thermal energy production with or without electricity
Version
Not found in document
Project Type
Ayman Solar Collector (ASC) – 5th generation CSP for industrial process heat; solar thermal with direct TES integration
Capacity
Phase 1: 6 ASC15 units; total nominal peak thermal output ~700 kWth; design solar steam generation ~900 kg/h; annual solar steam production ~2,201 tonnes/year
Baseline Scenario
Existing steam system baseline: Colgate Sanand currently uses three natural-gas-fired boilers (2.0 TPH + 2.0 TPH + 0.75 TPH) producing steam at 8.5 barg, reduced to 2.8 barg LP header after PRS; baseline fuel data: 2025 steam generation ~4,590,989 kg/year, 12,090.65 MMBtu/year natural gas consumption, annual gas cost ₹17.45 million/year. Baseline steam demand ~4,593 tonnes/year; average delivered gas cost ₹1,443.1/MMBtu.
Ghg
Estimated Emissions Reduction 308 tCO2e/year
Renewable Energy Component N/A - Not a renewable energy project (energy efficiency project)
Monitoring

Not mentioned in document

Action Plan
  • Collect and document information for Project Start Date
  • Collect and document information for Crediting Period Duration
  • Collect and document information for Crediting Period Type
  • Collect and document information for Other Certifications
  • Collect and document information for Host Country
Assessment History
v3 Apr 8, 2026 — Ai_3stage_full Assessment
Overall: 24%EEC: 0%REC: 100%

The Colgate-Sanand ASC-15 solar thermal feasibility study demonstrates strong technical, resource, and financial documentation with explicit quantified GHG reductions and robust sensitivity analysis. ...

v2 Apr 8, 2026 — Ai_3stage_full Assessment
Overall: 18%EEC: 0%REC: 100%

The project demonstrates extensive technical planning and a detailed methodology for the solar thermal system with explicit emissions avoidance estimates. However, critical gaps remain in safeguards, ...

v1 Apr 5, 2026 — Assessment
Overall: 0%EEC: 0%REC: 0%
Operating Company
Project Developer Product & Solution Provider

Climatenza

Climatenza Solar Private Limited
Climatenza builds and operates concentrated solar thermal systems for industrial process heat — replacing fossil boilers in food, chemical, and metals industries. Projects with Coca-Cola, Colgate-Palmolive, JSW Steel, Tata Chemical, PepsiCo.
Jurisdiction
India
Founded
2018
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