Quantum Materials Corp. (fka QTMM)

[FreeGrass]

I was reading the Green Giant PR again, and I noticed some details that seem to imply that the Saudi Arabian solar farm is a done deal and will be build as soon as the project is recognized and approved as meeting UNFCCC standards

Solterra Renewable Technologies, Inc., has engaged Green Giant Venture Fund to obtain forward sales of carbon credits generated by a solar electricity generation project planned in Saudi Arabia.

Green Giant Venture Fund will facilitate the objective of the forward sale of carbon credits by generating the necessary forms and documentation to achieve approval of the Saudi Arabian solar farm as a qualified Clean Development Mechanism (CDM). Once the project is qualified, Green Giant's expertise in the commodity market and their extensive knowledge and access to carbon market financial participants is expected to quickly result in suitable buyers for future carbon credits.

Squires continued, "Receiving capital from the future value of carbon credits generated during solar energy generation can allow us to rapidly reach our development and installation goals. Carbon credits add an inherent value to our actual energy production.

In comparison to other large solar farm developments, I am confident that our portion of that market will be substantial given Solterra's promising plans for high volume production of its quantum dot solar cells."

Does anyone know how many carbon credits they would get for a 1 Gw solar installation? On Belgian TV they did a program on carbon credits, and for 1 ton of CO2 reduction, they got 20 Euro. So how many tons does 1 Gw of solar reduce?