Benban Solar PV Project (Plot 42_4)
#177of 1935 in Renewable energy#2of 9 in Egypt#71of 1339 in Verra (VCS)#124of 1287 in ACM0002
Audit Analysis
The Benban Solar PV Project (Plot 42_4) is a straightforward grid-displacement renewable energy project with a VVB-verified additionality assessment, a jurisdictional baseline, and no over-crediting in the latest monitoring period. However, a material finding on meter calibration frequency, multiple corrective actions on the monitoring report, and a low extraction confidence on at least one key document temper confidence in the overall data quality. CORSIA and CCP eligibility remain unconfirmed in the available record.
Red Flags
- Material finding: meter calibration frequency stated as annual in the PDD but 'upon fault detection' in the PPA/technical documentation (verification report, 2024-11-29)
- Four corrective actions required on the monitoring report, including use of futuristic language and missing template sections (verification report, 2024-11-29)
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
- Minimum extraction confidence rated low, indicating at least one key document was poorly readable
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 10,236 | 4,472 | 5,764 | |
| 2020 | 33,423 | 19,889 | 13,534 | |
| 2021 | 33,918 | 0 | 33,918 | |
| 2022 | 23,938 | 0 | 23,938 | |
| Total | 101,515 | 24,361 | 77,154 |
Risk Indicators
VVB-verified common-practice test
Avoidance project – no storage, no reversal risk
Deemed negligible – reasonable for grid-connected PV
Jurisdictional baseline, not yet due for reassessment
FPIC conducted, grievance mechanism in place
CORSIA and CCP status not stated
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