100 MW Solar Power plant in Maharashtra, India
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, which is a meaningful positive for project integrity.
missing Leakage is not clearly addressed in the latest verification record, and reversal events are not addressed; buffer pool coverage is also not stated.
Transparency
verified The project has a named VVB, a defined monitoring period, and a public Gold Standard registry status, which supports basic traceability.
missing The record shows a large gap between claimed and verified emission reductions, and the latest extraction has low confidence with several unresolved document issues.
Claim Safety
verified The project is a renewable-energy avoidance project with a project baseline and no evidence of double registration in the extracted facts.
missing Leakage justification is inconsistent across documents, and the project is marked CORSIA-eligible while CCP status is not stated, leaving some claim-risk uncertainty.
Documentation
verified Multiple official documents were used, including validation, verification, monitoring, and PDD materials, and safeguards such as FPIC and a grievance mechanism are documented.
missing Low extraction confidence, six corrective action requests, and contradictions on baseline timing, leakage treatment, reversal treatment, and verified ER totals weaken documentation quality.
Detailed Analysis
Integrity
The verification report confirms additionality through an investment test and states no material findings, which supports the project’s core environmental claim. At the same time, leakage is not clearly justified in the latest record, reversal events are not addressed, and buffer pool coverage is not found in the extracted documents, so permanence and leakage robustness remain only moderate. The six corrective action requests also suggest the verifier found several items needing follow-up.
Transparency
The project has a named VVB, a defined monitoring period, and a public Gold Standard registry status, which helps traceability. However, the extracted record does not state the usage monitoring method, and the verified emissions are substantially lower than the claimed amount, which raises questions about reporting clarity. The low extraction confidence further reduces confidence in the completeness of the documentation trail.
Claim Safety
This is a solar avoidance project using ACM0002 with a project baseline, which is generally supportive of lower claim risk than many land-use projects. Still, the record shows a mismatch between claimed and verified emission reductions, and leakage treatment is inconsistent across documents, which increases over-crediting concern. CORSIA eligibility is stated, while CCP status is not found, so the claim stack is not fully closed.
Documentation
The evidence set includes validation, verification, monitoring, and PDD documents, and safeguards such as FPIC, grievance handling, and benefit sharing are documented. Even so, the extraction confidence is low, and the verification report lists six corrective action requests involving evidence checks, serial numbers, naming consistency, employee counts, and calculations. Those issues, plus contradictions on baseline timing and verified ER totals, weaken the documentation score.
Overall
Overall, the project looks directionally credible because it is a certified renewable-energy project with VVB-confirmed additionality and documented safeguards. But the record quality is only moderate: leakage and reversal treatment are incomplete, verified emissions are well below claimed emissions, and the extracted facts contain contradictions that must be resolved. I privileged the latest verification report for leakage and verified ER totals because it is the most recent direct assurance document, while noting that earlier documents sometimes point to more favorable values; those inconsistencies reduce confidence and the score. The baseline timing contradiction is also material, because the verification report’s crediting period differs from the validation report’s period, so the more recent verification record was given priority.
Audit Analysis
This is a certified Gold Standard solar project with VVB-confirmed additionality and a grievance mechanism, which supports a moderate integrity profile. However, the record shows several documentation gaps, unresolved leakage and reversal treatment, and multiple corrective action requests, which reduce confidence in the claimed emission reductions.
Project Description
Juniper Green Energy Pvt. Ltd. and its 100% subsidiary Nisagra Renewable Energy Pvt. Ltd. have together setup a 100 MW Solar power project in the state of Maharashtra, India. Out of 100 MW, Juniper Green Energy Pvt. Ltd. has setup 30 MW (10x3) project while the 70 MW (10x7) project has been setup by Nisagra Renewable Energy Pvt. Ltd. The projects feed the power generated directly into dedicated agricultural feeders. It has played an important role in reducing CO2 emissions by generating 240 GWh of clean electricity annually, which is equivalent to powering 56,000 households every year. Project Impacts and Benefits Agriculture is a major consumer of electricity, accounting for nearly 20% of the total consumption in the country. Access to groundwater depends on reliable and affordable electricity supply. This is an important issue as it concerns livelihoods of the rural poor and food security of the country. Since the 1970s, agriculture in many states has been receiving electricity at either low tariffs or for free. Subsidized supply has played a key role in the growth of groundwater irrigation and agriculture production. Because it is seen as a loss-making sector, agriculture often gets poor quality supply leading to problems such as frequent pump burnouts and power failures. Further, the supply is unreliable and often available during late nights. All these factors make farmers distrustful of DISCOMs and both of them are caught in a low-level equilibrium. This scheme directly addresses the pressing concerns of the marginalized farmers by: Improvement in the availability of the grid in the rural areas. Normally, the grid system in the rural areas is not properly maintained. However, given that the solar power generators' profits are directly linked to availability of the grid, the generator pushes the local DISCOM to take great care to maintain the grid properly. This in turn ensures quality supply of electricity, leading to improved life of farm equipmen
Red Flags
- The verification report lists six corrective action requests, including checks on evidence, serial numbers, village names, employee counts, and calculations.
- Leakage is not clearly justified in the latest record, and reversal events are not addressed in the extracted documents.
- Verified emission reductions are materially below claimed reductions, with 83,696 verified versus 112,616 claimed.
- The extracted record has low extraction confidence and several contradictions across documents, including baseline period and crediting-period timing.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 21 | 21 | 0 | |
| 2020 | 176,431 | 140,011 | 36,420 | |
| 2021 | 199,937 | 27,198 | 172,739 | |
| 2022 | 203,508 | 97,318 | 106,190 | |
| 2023 | 200,865 | 10,506 | 190,359 | |
| 2024 | 198,496 | 109,601 | 88,895 | |
| Total | 979,258 | 384,655 | 594,603 |
Cosa migliorerebbe questo punteggio
- Provide a clear, consistent leakage assessment and document whether any deduction applies, with supporting calculations.
- Resolve the contradictions on verified emission reductions and crediting-period dates, and publish the evidence behind the corrective action requests.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
No reversal treatment stated
Leakage justification inconsistent
Project baseline, reassessment timing missing
FPIC and grievance mechanism documented
CORSIA-eligible; CCP status not stated
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Registry Documents
monitoring
Other
validation
- VKU.F26W.Validation_Report_VKU.VAL.15.24_GS_7533 - Clean.pdf
- Verification Report_VKU.VER.34.24GS_7533 - Clean.pdf
- VKU.F27W. Verification Report_VKU.VER.02.23_GS_7533_Clean_signed (1).pdf
- VKU.F27W. Verification Report_VKU.VER.23.23_GS_7533_Signed_Clean.pdf
- Final_FVeR_Solar Power plant Maharashtra_Clean.pdf
- (1)FVR_GS_7533 - Clean.pdf
- +1 more
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