Amayo 40 MW Wind Power Project-Nicaragua - Pre CDM VERs

Audit Analysis

The Amayo 40 MW wind project in Nicaragua is a fundamentally sound renewable-energy avoidance project with a VVB-confirmed investment additionality test and a jurisdictional baseline. However, the verification report lists 14 material findings spanning calculation errors, data-period inconsistencies, and PDD format non-compliance, which materially weaken confidence in the reported figures. The project is a Pre-CDM VER with a short two-month monitoring window, and several key monitoring parameters (FNRB, usage tracking, CORSIA/CCP status) are not stated in the available documents.

Project Description

Red Flags

• ⚠14 material findings in the verification report, including baseline data calculation errors (CAR 11), ER calculation including data prior to the monitoring start date (CAR C1), and a non-compliant baseline emission factor data source (CAR 19)
• ⚠Grid emission factor of 0.7127 tCO₂/MWh is drawn from 2007 data, and the verification report flagged the EF data source as non-compliant (CAR 19)
• ⚠PDD format and content did not comply with CDM-PDD Guidelines (CAR 2), and the project start date definition was initially incorrect (CAR 4)
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages