10MW Nedunkulam Solar PV Project (2018-SOP-002-10.0MW)
GS-3439 ↗ · current registry ID: GS11418
#419of 770 in Renewable energy#6of 7 in Sri Lanka#344of 426 in Gold Standard (GS)#145of 417 in AMS-I.D
Audit Analysis
A 10 MW solar PV project in Sri Lanka under Gold Standard with VVB-confirmed additionality and a reasonable leakage treatment, but undermined by a project-specific baseline, no stated buffer pool, unaddressed reversal risk, and a substantial list of corrective action requests and comments indicating significant data-quality and documentation gaps. The ERR figures are internally consistent for the monitored period, yet the volume of unresolved findings (four CARs, six CLs) and a 2016 grid emission factor raise meaningful over-crediting concerns.
Red Flags
- Four Corrective Action Requests (CAR-01 to CAR-04) remain open, including failure to account for potential fossil-fuel consumption in project emissions and inconsistent LCMR data for the 2016 OM/BM calculation
- Six Comments/Queries (CL-01 to CL-06) flag missing cross-effect analysis for the hybrid Solar PV-Wind configuration, a Prior Consideration Form submitted by a different entity (SLCF vs KOHO), and absent project boundary definitions
- Reversal events are explicitly 'not addressed' in the verification report and no buffer pool percentage is stated, leaving permanence risk unquantified
- Grid emission factor is from 2016 (0.759333 tCO2/MWh) with no evidence of periodic updating, potentially inflating claimed reductions
- Meter calibration gaps for GS11419 and GS11420 during Nov–Dec 2021 and Dec 2022, with a 1% maximum permissible error applied as a workaround
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 1,956 | 0 | 1,956 | |
| 2020 | 15,129 | 15,129 | 0 | |
| 2021 | 14,702 | 12,740 | 1,962 | |
| 2022 | 14,951 | 0 | 14,951 | |
| Total | 46,738 | 27,869 | 18,869 |
Risk Indicators
VVB-confirmed combined test
No buffer pool stated; reversal not addressed
0% deemed negligible – consistent with solar PV
Project-specific; 2016 grid EF; no reassessment stated
FPIC conducted; grievance mechanism present
CORSIA and CCP status not stated
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