26MWp Solar Photovoltaic Power Plant in Bavet City, Cambodia
#159of 770 in Renewable energy#4of 12 in Cambodia#187of 629 in Verra (VCS)#117of 383 in ACM0002
Audit Analysis
A 26 MWp solar PV project in Cambodia under VCS ACM0002 with VVB-confirmed additionality and no material findings, but undermined by eight inter-document contradictions (including a 2× discrepancy in lifetime ERR between the PDD and monitoring reports), a 0% leakage deduction with no stated justification, and two outstanding corrective actions. The project is a standard renewable-energy avoidance credit with moderate data reliability concerns.
Red Flags
- Lifetime ERR in the PDD (20,393 tCO₂e over 7 years) is less than half the 2-year verified figure (42,837 tCO₂e), indicating a major ex-ante estimation error or scope change that is not explained in the available documents.
- Leakage deduction is 0% and the most recent verification report (Sep 2025) records the justification as 'not addressed', while the monitoring report (Aug 2025) calls it 'deemed negligible' — no quantitative or qualitative leakage analysis is documented.
- Two corrective actions (CAR08, CL06) remain open in the 2025 verification report, indicating unresolved compliance issues.
- FPIC status is contradictory: the PDD (Dec 2023) records it as not conducted, while the 2025 verification report records it as conducted — the basis for the later change is not documented.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 20,393 | 0 | 20,393 | |
| 2023 | 21,913 | 0 | 21,913 | |
| 2024 | 20,924 | 0 | 20,924 | |
| Total | 63,230 | 0 | 63,230 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal risk
0% deduction, justification not addressed
Project-specific, method contradicted across docs
FPIC contradictory, grievance present
CORSIA and CCP status not stated
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