100 MW Solar PV project by ERBL, Bangladesh
#114of 770 in Renewable energy#5of 10 in Bangladesh#134of 629 in Verra (VCS)#82of 383 in ACM0002
Audit Analysis
A 100 MW solar PV project in Bangladesh with a VVB-confirmed investment additionality test, jurisdictional baseline using a 2022 grid emission factor, and no permanence risk inherent to renewable energy generation. The validation report (June 2024) resolved four discrepancies with the earlier PDD in a conservative direction, and no corrective actions were required. However, the absence of any monitoring-period data and a low extraction confidence rating limit confidence in the full MRV picture.
Red Flags
- No monitoring report or monitoring-period data found in the extracted record despite the project being registered since December 2021
- Low extraction confidence across the document set, indicating at least one key document was poorly readable
- Four contradictions between the PDD and the validation report (additionality test type, baseline method, total ERR, leakage treatment), all resolved in favour of the validation report but signalling drafting inconsistencies
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal risk
0% with negligible justification
Jurisdictional, 2022 grid EF
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated
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