1.728 MW, Bundled Photovoltaic power plant in KOMIPO

Audit Analysis

A 1.728 MW solar PV project under CDM (AMS-I.D v16) validated in 2011 by KSA, with an investment-test additionality assessment confirmed by the VVB. However, the validation report identified 13 material findings—including erroneous efficiency data, double-counted investment costs, and missing national FIT policy analysis—alongside a direct contradiction in the baseline method (project-specific vs. jurisdictional) and a ~50% discrepancy in claimed emission reductions between the validation report and an appendix. No monitoring or verification data was found in the extracted record, leaving the project's actual performance unconfirmed.

Project Description

Red Flags

• ⚠13 material findings in the validation report, including wrong PV efficiency data in the financial analysis, double-counted investment in the IRR calculation, and omission of the national FIT policy from the additionality analysis
• ⚠Baseline method contradiction: the validation report (2011-04-10) states a project-specific baseline while the PDD (2011-03-31) describes a jurisdictional baseline—a fundamental methodological inconsistency
• ⚠Claimed emission reductions differ by approximately 50% between the validation report (12,020 tCO₂e) and an appendix (18,036 tCO₂e), with no monitoring report to resolve the discrepancy
• ⚠No monitoring period, verified ERR, or crediting period data found in any available document—actual project performance is entirely unverified

Credit Vintages

No issuances recorded on the registry.