Bundled Solar Power Project by AMP Energy - 01
#66of 1935 in Renewable energy#39of 975 in India#14of 1339 in Verra (VCS)#7of 44 in AMS-I.F
Audit Analysis
A bundled solar PV project in India with a solid jurisdictional baseline, VVB-confirmed investment additionality, and no permanence risk inherent to the technology. The first monitoring period delivered roughly 55% of the pro-rata ex-ante expectation, likely due to commissioning delays at some sites, and the project lacks explicit CORSIA/CCP status documentation. Overall a well-structured renewable energy project with minor transparency gaps.
Red Flags
- First monitoring period verified ERR (13,398 tCO₂e) is only ~55% of the pro-rata expectation derived from the PDD lifetime estimate (92,451 tCO₂e over 7 years), suggesting potential over-crediting in the ex-ante calculation or prolonged commissioning delays
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
Solar PV – no reversal risk
0% deduction, quantified justification
Jurisdictional grid EF 0.931 (2022)
Grievance mechanism present; FPIC not stated
CORSIA and CCP status not stated
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