9.5 MW wind energy based power generation by Interocean Group
GS-858 ↗ · current registry ID: GS4875
#62of 1935 in Renewable energy#37of 975 in India#16of 1801 in Gold Standard (GS)
Audit Analysis
A 9.5 MW wind energy project in India under Gold Standard with a VVB-confirmed investment additionality test and a grid-emission-factor baseline appropriate for the sector. The project delivered roughly 67% of its pro-rata ex-ante expectation over the monitored period, consistent with wind variability, and all verification findings were closed. Several inter-document contradictions (baseline method, FPIC status, crediting period) and the absence of explicit permanence/reversal treatment temper an otherwise solid record.
Red Flags
- Baseline method is stated as 'project' in the 2025 verification report but 'jurisdictional' in the PDD — an inconsistency that could affect the validity of the emission-factor basis.
- Reversal events are listed as 'not addressed' and no buffer pool percentage is stated, leaving permanence risk unquantified even though wind is an avoidance-type project.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 13,963 | 13,863 | 100 | |
| 2020 | 13,584 | 13,484 | 100 | |
| 2021 | 1,133 | 1,033 | 100 | |
| 2022 | 11,546 | 0 | 11,546 | |
| 2023 | 11,601 | 0 | 11,601 | |
| 2024 | 4,364 | 0 | 4,364 | |
| Total | 56,191 | 28,380 | 27,811 |
Risk Indicators
VVB-confirmed investment test
Reversal not addressed
0% justified as not applicable (wind)
Grid EF used but method label contradicts across docs
FPIC, grievance mechanism, benefit sharing confirmed
CORSIA and CCP status not stated
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