30 MW Solar PV Project by Nirosha Solar Power Private Limited
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, which supports the project’s core environmental claim.
missing Leakage is not addressed in the verification record, reversal treatment is not clearly documented, and the report lists six corrective actions.
Transparency
verified The monitoring period is stated, the VVB is named, and the project uses Gold Standard documentation with a defined methodology version.
missing Claimed versus verified emission reductions are not available in the extracted record, and key MRV items such as usage monitoring and usage rates are not stated.
Claim Safety
verified The baseline was last reassessed in 2021, which is a positive sign for baseline freshness in a solar project.
missing Leakage justification is inconsistent across documents, and CORSIA eligibility and CCP status are not stated, leaving residual claim-risk uncertainty.
Documentation
verified Fourteen documents were used, including the PDD, verification report, and monitoring report, and the extraction confidence is medium rather than low.
missing The verification report records several corrective actions, and the crediting-period dates conflict between the monitoring report and the PDD.
Detailed Analysis
Integrity
The verification report confirms additionality through an investment test, and the baseline was last reassessed in 2021, which supports the project’s core accounting framework. However, leakage is marked as not addressed in the verification record, reversal events are not clearly addressed, and the report lists six corrective actions, all of which reduce confidence in the robustness of the crediting claim.
Transparency
The extracted record identifies the VVB as LGAI Technological Center, S.A. and provides a monitoring period, but it does not include claimed or verified emission reduction totals. Several MRV elements are missing or unstated, including usage monitoring method and usage rates, which limits public traceability and makes the documentation less complete.
Claim Safety
The project benefits from a recent baseline reassessment and VVB-confirmed additionality, but the leakage treatment is inconsistent: one document reportedly deemed it negligible while the verification record says it was not addressed. CORSIA eligibility and CCP status are not stated, so the record does not clearly eliminate dual-claim or over-crediting concerns.
Documentation
The evidence set is reasonably broad, with the PDD, verification report, and monitoring report all present, and extraction confidence is medium rather than low. Still, the verification report lists multiple corrective actions, and there is a direct contradiction on the crediting period between the monitoring report and the PDD, which lowers documentation quality.
Overall
The project appears to be a legitimate solar installation with some solid elements, especially VVB-confirmed additionality and a recent baseline reassessment. However, the record contains important reliability issues: leakage is inconsistently treated across documents, the crediting period conflicts between the monitoring report and the PDD, and the verification report includes multiple corrective actions. I privileged the verification report for leakage and safeguard treatment because it is the higher-priority assurance document, and I privileged the monitoring report for the crediting-period dates because it is the more operationally specific source for the active monitoring window.
Audit Analysis
This is a real renewable project with VVB-confirmed additionality and a recent baseline reassessment, but the evidence package has several gaps and inconsistencies. Leakage is not properly justified in the extracted record, reversal treatment is not clearly addressed, and the verification report shows multiple corrective actions, which weakens confidence in the claimed credits.
Project Description
Developer: EKI Energy Services Limited Type: Solar Thermal - Electricity Size: Large Scale Methodology: ACM0002 Grid-connected electricity generation from renewable sources Crediting period: 2016-09-20 → 2026-09-19 Estimated annual credits: 46815 tCO2e SDGs: Goal 8: Decent Work and Economic Growth, Goal 7: Affordable and Clean Energy, Goal 13: Climate Action
Red Flags
- Leakage is marked as not addressed in the verification record, while another document reportedly called it negligible.
- The documents contain a crediting-period mismatch between the monitoring report and the PDD, and the verification report lists multiple corrective actions.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2016 | 10,665 | 10,665 | 0 | |
| 2017 | 53,260 | 53,260 | 0 | |
| 2018 | 53,039 | 52,755 | 284 | |
| 2019 | 50,396 | 49,845 | 551 | |
| 2020 | 27,380 | 8,795 | 18,585 | |
| Total | 194,740 | 175,320 | 19,420 |
Cosa migliorerebbe questo punteggio
- Provide a clear, document-backed leakage assessment and reconcile the conflicting leakage statements across reports.
- Publish verified emission reduction totals, clarify the crediting-period inconsistency, and close out all corrective actions with final evidence.
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 reversal treatment clearly documented
Leakage not addressed in verification record
Project baseline with reassessment in 2021
FPIC and grievance mechanism documented
CORSIA and CCP status not stated
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