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VCS Energy industries (renewable/non-renewable sources) India Registry: Registered Documentazione completa General Methodology v2.0

Bundled Solar Photovoltaic Project by ACME

VCS-1753 ↗

5.0 / 10
Integrity
5.4
Transparency
4.8
Claim Safety
4.6
Documentation
5.2

Score Breakdown

Integrity

verified The verification report confirms an investment-based additionality test and the VVB accepted it.

missing Leakage is not addressed, buffer pool coverage is not stated, and reversal handling is not documented in the extracted record.

Transparency

verified The project has a named VVB, a defined monitoring period, and a large set of source documents used in extraction.

missing The monitoring report requests missing supporting evidence for electricity supplied to the grid, invoices, calibration certificates, and a no-double-accounting undertaking.

Claim Safety

verified The project is not CORSIA-eligible, which reduces one channel of dual-claim risk.

missing The verified emissions reduction figure conflicts with the earlier validation figure, and leakage treatment is not explained.

Documentation

verified The extraction drew on multiple official documents, including validation, monitoring, PDD, and issuance records.

missing The monitoring report contains numerous corrective-action requests and the extraction confidence is not weakened, but key supporting evidence is still missing from the record.

Detailed Analysis

Integrity

The verification report supports additionality through an investment test, and the VVB identified no material findings, which is a positive signal. Still, the extracted record does not state a buffer pool, does not document reversal events clearly, and marks leakage as not addressed, all of which weaken the permanence and baseline robustness picture.

Transparency

Transparency is mixed because the project has a named VVB and a clearly stated monitoring period, but the monitoring report also asks for missing technical specifications, O&M and PPA documents, grid-supply evidence, invoices, and calibration certificates. That suggests the public record is incomplete even though the document set is fairly broad.

Claim Safety

Claim safety is reduced by the large discrepancy in verified emissions reductions between the monitoring report and the validation report. I privileged the more recent monitoring report value because it is later and closer to issuance, but the contradiction itself lowers confidence; the lack of a leakage deduction and the absence of usage monitoring details also increase over-crediting risk.

Documentation

Documentation breadth is decent, with validation, monitoring, PDD, and issuance records all present, and the extraction confidence is high. However, the monitoring report itself lists many corrective actions and missing attachments, so the record is not fully complete or cleanly evidenced across the monitoring period.

Overall

I privileged the monitoring report for the emissions reduction figure because it is more recent than the validation report and therefore more relevant to the current monitoring period, but the contradiction between 1,305,548 and 911,456 tCO2e materially reduces reliability. I also privileged the monitoring report’s newer safeguard statements over the older record, since it is the latest source, but the need for additional stakeholder, grid, and calibration evidence means those safeguards are only partially substantiated. Overall, the project looks operationally plausible and better than average on additionality, but the unresolved leakage, documentation gaps, and credit-volume inconsistency keep the score in the middle range.

Audit Analysis

This is a registered VCS solar project with VVB-confirmed investment-test additionality and no material findings reported, which supports moderate integrity. However, the monitoring report still leaves important gaps around leakage treatment, reversal handling, and supporting evidence, and there is a major emissions reduction discrepancy between the validation and monitoring records that weakens confidence in the claimed volume.

Project Description

Proponent: Multiple Proponents Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: ACM0002; AMS-I.D. Estimated annual GHG reductions: 2078589 tCO2e Region: Asia Registration date: 2020-04-06

Red Flags

  • The verified emissions reductions differ materially between the validation report and the monitoring report, indicating a reliability issue in the crediting figures.
  • Leakage is marked as not addressed, and the monitoring report requests additional evidence for grid supply, invoices, calibration certificates, and a no-double-accounting undertaking.

Credit Vintages

Issued Retired Available
2017
343,762 29,366 314,396
2018
1,364,177 1,239,390 124,787
2019
1,879,614 1,292,425 587,189
2020
2,106,282 1,259,676 846,606
2021
1,792,243 1,172,426 619,817
2022
57,542 25,114 32,428
Total 7,543,620 5,018,397 2,525,223

Cosa migliorerebbe questo punteggio

  • Provide the missing supporting documents for grid electricity delivery, invoices, calibration certificates, PPA, and O&M agreement, and reconcile the emissions reduction discrepancy across reports.
  • State a clear leakage assessment, document reversal/buffer arrangements, and publish a complete no-double-accounting and stakeholder consultation record for the monitoring period.

Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.

Risk Indicators

Additionality

VVB-confirmed investment test

Permanence

No reversal evidence, but buffer not stated

Leakage

Leakage not addressed

Baseline

Project baseline stated, reassessment missing

Safeguards

Safeguards present but evidence gaps remain

Double-claim

Not CORSIA-eligible; CCP status not stated

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Analysis Provenance Scored 2026-04-15 General Methodology v2.0 Documentazione completa

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