300 MW Wind Power Project in Gujarat by Alfanar Power
GS-2590 ↗ · current registry ID: GS7745
#40of 770 in Renewable energy#23of 387 in India#12of 426 in Gold Standard (GS)#26of 383 in ACM0002
Audit Analysis
A 300 MW wind project in Gujarat with a solid investment-test additionality confirmed by the VVB and a reasonable grid emission factor baseline. The project over-delivers relative to its ex-ante estimate (138% of pro-rata expectation), but documentation quality is undermined by low extraction confidence, seven inter-document contradictions, and gaps in benefit-sharing and permanence reporting.
Red Flags
- Benefit-sharing arrangement is not described in the most recent verification report (2024), reversing a positive finding from the 2023 report
- Reversal/permanence risk is explicitly 'not addressed' in the 2024 verification report, despite wind power having inherent low reversal risk
- Calibration certificates for energy meters were unavailable for the full monitoring period; a 0.2% maximum error factor was applied as a conservative adjustment
- Four Corrective Action Requests and one Forward Action Request were raised by the VVB, indicating recurring documentation gaps
- FPIC status is contradictory: the 2022 validation report records it as not conducted, while the 2024 verification report records it as conducted
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2020 | 162,169 | 75,995 | 86,174 | |
| 2021 | 721,958 | 607,748 | 114,210 | |
| 2022 | 744,221 | 457,318 | 286,903 | |
| 2023 | 740,974 | 7,336 | 733,638 | |
| Total | 2,369,322 | 1,148,397 | 1,220,925 |
Risk Indicators
Investment test, VVB-confirmed
Not explicitly addressed in verification report
0% deduction, deemed negligible (grid feed-in)
Project-specific per VVB; grid EF 0.8612 (2024)
FPIC contradiction; grievance present; benefit-sharing absen
CORSIA-eligible; CCP status not stated
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