Fener Wind Power Project

Audit Analysis

The Fener Wind Power Project is a grid-connected wind avoidance project in Turkey using a jurisdictional baseline and a combined additionality test, with no reversal events and a reasonable 0% leakage deduction. However, the documentation record is thin—only a PDD is available, no verification or monitoring report is present, and the VVB identity is not stated. The claimed ERR of 49,291 tCO₂e for the 2021–2025 monitoring window appears well below the pro-rata expectation of roughly 154,500 tCO₂e derived from the 386,379 tCO₂e lifetime ex-ante estimate, though the absence of a verified figure prevents definitive assessment.

Project Description

Red Flags

• ⚠No verification report or monitoring report is present in the evidence record; the VVB name is not stated, making independent verification of the additionality test and ERR figures impossible to confirm.
• ⚠The claimed ERR of 49,291 tCO₂e for the four-year monitoring period (2021–2025) is only about 32% of the pro-rata expectation (~154,500 tCO₂e) derived from the 386,379 tCO₂e lifetime ex-ante estimate, raising questions about the robustness of the ex-ante capacity-factor assumptions.
• ⚠A contradiction exists between two PDD versions (November vs December 2025) on whether benefit-sharing is described, indicating internal inconsistency in project documentation.

Credit Vintages