Ambatolampy 20 MW Solar PV
#902of 1935 in Renewable energy#4of 26 in Madagascar#568of 1339 in Verra (VCS)#711of 1287 in ACM0002
Audit Analysis
The Ambatolampy 20 MW Solar PV project is a VCS-registered renewable energy generation project with VVB-confirmed additionality and no reversal events, but it is undermined by eight inter-document contradictions on key fields (ERR figures, baseline method, additionality test type, safeguards) and multiple material findings including inverter defaults that caused a 24.7% shortfall versus ex-ante estimates. The project delivered conservatively (under the ex-ante expectation), which limits over-crediting risk, but the data inconsistencies and missing CORSIA/CCP status create meaningful uncertainty about the robustness of the credit claims.
Red Flags
- Eight contradictions between documents on critical fields including ERR (47,036 vs 58,394), baseline method (project vs jurisdictional), additionality test type (first_of_its_kind vs combined), and safeguards/FPIC status
- Multiple material findings in the verification report: inverter defaults across both phases, protection cell failure, missing harmonic filters, battery rack failure, and a 24.7% shortfall versus ex-ante estimates
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 10,073 | 8,815 | 1,258 | |
| 2019 | 21,421 | 7,375 | 14,046 | |
| 2020 | 20,681 | 15,211 | 5,470 | |
| 2021 | 17,438 | 17,300 | 138 | |
| 2022 | 23,126 | 0 | 23,126 | |
| 2023 | 35,268 | 0 | 35,268 | |
| 2024 | 37,907 | 0 | 37,907 | |
| 2025 | 9,129 | 0 | 9,129 | |
| Total | 175,043 | 48,701 | 126,342 |
Risk Indicators
VVB-confirmed first-of-its-kind test
equipment failures noted
Quantified as negligible (0% deduction)
Project-specific; method contradicted in monitoring report
FPIC and grievance confirmed but contradicted in PDD
CORSIA and CCP status not stated
Where to buy
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