Borey Energo

Audit Analysis

Borey Energo is a 25 MW wind project in Kazakhstan displacing grid electricity, with a confirmed investment-test additionality and jurisdictional baseline. However, the verification report lists 11 material findings and 11 corrective actions, including the absence of documented sources for the grid emission factor and use of an outdated investment-analysis tool, which materially weaken confidence in the credit calculation. The project's fundamental logic is sound, but documentation quality and data completeness fall short of best practice.

Project Description

Red Flags

• ⚠The verification report flags that the project proponent has not provided the sources of the emission factor (0.698 tCO₂/MWh, 2021) used to calculate emission reductions, undermining traceability of the core credit calculation.
• ⚠Eleven material findings and eleven corrective actions were raised in the verification report, including missing WTG commissioning details, missing energy-meter calibration data, and absent SDG calculations, indicating significant documentation gaps at the time of verification.
• ⚠The validation report and verification report (both dated 2024-11-07) contradict each other on the baseline method (project-specific vs. jurisdictional) and on whether leakage was addressed, creating ambiguity about the project's methodological foundation.

Credit Vintages