15 MW solar plants to power COP27
GS-4255 ↗ · current registry ID: GS12137
#585of 1935 in Renewable energy#4of 9 in Egypt#301of 1801 in Gold Standard (GS)#202of 806 in AMS-I.D
Audit Analysis
A 15 MW solar PV project in Egypt with a VVB-verified combined additionality test and jurisdictional baseline, but undermined by six cross-document contradictions, ten corrective action requests, missing calibration certificates, and a 12.5% under-delivery against initial estimates. The absence of a stated buffer pool, FNRB value, and CORSIA/CCP eligibility status leaves material gaps in permanence and double-claiming safeguards.
Red Flags
- Six contradictions across documents, including conflicting baseline methods (jurisdictional vs. project-specific), leakage treatment (deemed negligible vs. quantified), and ERR figures (28,674 vs. 32,919), indicating data reliability issues
- Ten corrective action requests and missing calibration certificates for 2022–2023, with an error factor applied to the ER calculation as a result
- Actual emission reductions were 12.5% lower than initially estimated due to solar radiation variability and maintenance, per the verification report
- FPIC status is contradictory: the validation report (Feb 2025) records it as not conducted, while an earlier undated document (Aug 2022) records it as conducted
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 1,619 | 0 | 1,619 | |
| 2023 | 12,357 | 0 | 12,357 | |
| 2024 | 14,698 | 0 | 14,698 | |
| Total | 28,674 | 0 | 28,674 |
Risk Indicators
VVB-confirmed combined test
PV avoidance risk low but unquantified
0% deduction, 'deemed negligible' but contradicted by monitoring report
Jurisdictional per VVB but contradicted by validation report; reassessed 2020
Grievance mechanism present; FPIC status contradictory across documents
CORSIA and CCP status not stated in available documents
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