Blue Sky Energy PV Solar Power Plants
#1480of 1935 in Renewable energy#5of 8 in Israel#1231of 1459 in CDM (UNFCCC)#1127of 1287 in ACM0002
Audit Analysis
A CDM solar PV project in Israel with a solid investment-test additionality assessment confirmed by TÜV NORD and a jurisdictional baseline, but the available record is limited to a single 2011 validation report that flagged six material findings including calculation errors in the grid emission factor. No monitoring or verification reports are present, making it impossible to confirm whether the 257,453 tCO₂e lifetime claim was actually delivered, and the grid emission factor dates from 2009—three years before the crediting period began.
Red Flags
- Six material findings in the validation report, including Excel errors in the grid emission factor calculation for 2007/2008 and missing investment-analysis tables in the PDD
- No monitoring reports or verification reports are available for the 2014–2024 crediting period; actual performance cannot be verified against the 257,453 tCO₂e claim
- Grid emission factor of 0.67324 tCO₂/MWh is drawn from 2009 data, three years before the crediting period started in 2014, raising the risk of over-estimated reductions if the Israeli grid has decarbonised
- Contradiction between the validation report (leakage 'deemed negligible') and a financial document (leakage 'quantified') on how leakage was treated
- Minimum extraction confidence rated low, indicating at least one key document was poorly readable or incomplete
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
low inherent risk for PV
0% deduction; treatment contradicted across docs
Jurisdictional but grid EF from 2009; calc errors flagged
Safeguards and benefit sharing mentioned; FPIC and grievance
CORSIA and CCP status not stated in available documents
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