120 MW Solar PV Plant by Juniper Green Sigma Private Ltd. in Gujarat, India
Score Breakdown
Integrity
verified Additionality was tested using an investment test and confirmed by the VVB in the verification report.
missing Leakage is only described as deemed negligible, with no quantified deduction, and buffer pool or reversal handling is not stated in the available record.
Transparency
verified The monitoring period is clearly stated for the 2024-07-01 to 2024-12-31 interval, and the VVB is named as VKU Certification Pvt. Ltd.
missing The verified versus claimed ER gap is substantial, and usage monitoring details are not stated in the available documents.
Claim Safety
verified The project uses ACM0002 with a project baseline, which is standard for grid-connected renewable power avoidance projects.
missing No CORSIA or CCP status is stated, and the leakage treatment is not fully quantified, which leaves some over-crediting risk.
Documentation
verified The record includes multiple official documents, a recent verification report dated 2024-12-18, and no material findings or corrective actions were reported.
missing One key extraction is marked as coming from an unknown source in the contradiction log, and the crediting period conflict with the PDD reduces documentation reliability.
Detailed Analysis
Integrity
The project scores well on integrity because the verification report confirms additionality through an investment test and the VVB accepted the project with no material findings or corrective actions required. The baseline method is stated as project-based, but leakage is only described as deemed negligible and no buffer pool percentage or reversal history is found in the extracted record. That leaves some uncertainty around permanence-style risk management even though this is an avoidance project.
Transparency
Transparency is moderate to good because the verification report identifies the VVB, the monitoring period is explicit, and the project has a clear registry context under Gold Standard. However, the record does not state usage monitoring methods, and the verified emissions total is materially lower than the claimed amount, which makes the reporting trail less clean. The absence of CORSIA and CCP status also limits public claim clarity.
Claim Safety
Claim safety is decent but not strong. The use of ACM0002 and a project baseline is conventional for a solar grid-connected avoidance project, which supports the claim, but the lack of quantified leakage treatment and missing usage-rate evidence leave some residual over-crediting risk. Because CORSIA eligibility and CCP status are not stated, dual-market claim risk cannot be ruled out from the extracted record alone.
Documentation
Documentation quality is fairly strong overall, with multiple official documents used, a recent verification report, and high extraction confidence. The project also reports no material findings and no corrective actions, which supports reliability. Still, the contradiction log shows a major emissions discrepancy and a crediting-period mismatch between the verification report and the PDD, so the documentation is not fully consistent.
Overall
I privileged the more recent verification report for the verified emissions figure and the current crediting-period status because it is the latest assurance document and is more specific to the monitored period. I also privileged the verification report over the older PDD on safeguards and grievance mechanism because the contradiction log indicates the later report explicitly confirms them. The main reliability issue is the large difference between claimed and verified ERs, which lowers confidence in the volume of credits even though the project fundamentals are solid.
Audit Analysis
This is a relatively strong renewable energy project with VVB-confirmed additionality, no material findings, and a clear project baseline. The main weaknesses are limited leakage detail, missing buffer pool and reversal information, and a material discrepancy in credited emissions between documents that reduces confidence in the claim volume.
Project Description
Juniper Green Sigma Pvt. Ltd. has setup a 120 MW Solar power project in the state of Gujarat, India. The project will replace anthropogenic emissions of greenhouse gases estimated to be approximately 275,000 tCO2e per annum, thereon displacing 300 GWh of clean electricity annually from the generation-mix of power plants connected to the Indian electricity grid, which is mainly dominated by thermal/ fossil fuel-based power plant. Project Impacts and Benefits After extensive engagement and discussions with the local stakeholders, the Company decided to provide water purification devices in various schools near the project site as access to clean water was identified as a big challenge in the locality. Geographically, the ground water supply in the region has a very high quantity of TDS causing acute and chronic health ailments among the students causing discontinuity and high absenteeism. Accordingly, the Company: Distributed an RO Plant of 50 LPH capacity along with water storage PVC tank and water cooler at Motinagar Primary School at Babsar Village. Distributed an RO Plant of 250 LPH capacity along with water storage PVC tank at Bhordu Primary School at Bhordu Village. Distributed an RO Plant of 50 LPH capacity along with water storage PVC tank and water cooler at Bilvaniya Primary School at Bilvaniya Village. Distributed an RO Plant of 100 LPH capacity along with water storage PVC tank and water cooler at Vantdasuka Primary School at Vantdasuka Village. In all, the Company has installed 450 LPH cap RO plant along with 4000 Litre storage tank and 400 Litre cooler cum dispenser. Robotic Cleaning: Water is a basic human need and should be easily accessible to all. The traditional method of cleaning modules requires incessant water to wash them manually using human labour. Water scarcity, expensive labour and solar projects located in arid and drought-prone regions makes the whole process unsustainable for the life of the solar asset. The Compa
Red Flags
- Credited emissions differ materially across documents, with the verification record showing 117,265 verified ERs versus an older figure of 173,539 in another document.
- Leakage is described as negligible, but no quantified deduction is provided and the later monitoring record is said to have not addressed leakage.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2020 | 28,019 | 28,019 | 0 | |
| 2021 | 266,746 | 231,428 | 35,318 | |
| 2022 | 282,772 | 77,743 | 205,029 | |
| 2023 | 273,534 | 180,964 | 92,570 | |
| 2024 | 267,855 | 0 | 267,855 | |
| Total | 1,118,926 | 518,154 | 600,772 |
Cosa migliorerebbe questo punteggio
- Provide a quantified leakage assessment and clarify whether any deduction was applied in the monitoring calculation.
- Publish explicit CORSIA and CCP status, plus a reconciliation note explaining the difference between claimed and verified ER totals.
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 buffer pool or reversal data stated
Negligible leakage claimed, not quantified
Project baseline stated, reassessment timing missing
FPIC and grievance mechanism documented
CORSIA/CCP status not stated
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Registry Documents
monitoring
- ER sheet V4.0_GS_7572_04-07-2025.xlsx
- GS7572_Estimated ER Sheet_v02.xlsx
- Monitoring report_VKU.VER.33.24_GS_7572_ver05_Clean.pdf
- ER sheet_VKU.VER.33.24_GS_7572_ver03.xlsx
- ER_7572_V2.2.xlsx
- Signed 120 MW Solar PV Plant by Juniper Green Sigma Private Ltd. in Gujarat_T-PerfCert_V2.0-Project-Annual-Report-Form.pdf
- +15 more
Other
pdd
validation
- FVR 7572 GS_RCP_2725_Clean.pdf
- FVR-GS_VER-GJ_Juniper-GS VER_7572_Cleaned.pdf
- VKU.F27W. Verification Report_VKU.VER.03.23_GS_7572-Clean.pdf
- VKU.F27W. Verification Report_VKU.VER.22.23_GS_7572_Clean.pdf
- Verification Report _VKU.VER.33.24GS_7572_Clean(1).pdf
- FVR-GS_VER-GJ_Juniper-GS_7572_VER_TQC_A45122(1).pdf
- +3 more
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