GENNEIA SOLAR PROJECTS IN ARGENTINA
#198of 770 in Renewable energy#1of 6 in Argentina#226of 629 in Verra (VCS)#157of 383 in ACM0002
Audit Analysis
A registered VCS solar project in Argentina using the well-established ACM0002 methodology, with VVB-confirmed additionality and no material findings. However, six contradictions across documents—including conflicting baseline methods, inconsistent leakage justifications, and a discrepancy in the additionality test type—undermine confidence in the data record. The low extraction confidence and an 'unknown' document type further weaken the evidentiary base.
Red Flags
- Baseline method is described as 'project' in the 2025 verification report but 'jurisdictional' in the 2025 monitoring report — a fundamental methodological inconsistency that affects the validity of the credit calculation.
- Leakage justification is 'not addressed' in the October 2025 verification report but 'deemed negligible' in the August 2024 verification report, with a 0% deduction in both cases and no quantified analysis.
- Additionality test type is recorded as 'investment' in the 2024 verification report but 'combined' in the 2019 PDD, creating ambiguity about which test was actually applied and verified.
- Minimum extraction confidence is rated 'low', indicating at least one key document was poorly readable, which limits the reliability of the extracted data.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 4,797 | 4,797 | 0 | |
| 2019 | 86,444 | 86,444 | 0 | |
| 2020 | 94,003 | 94,003 | 0 | |
| 2021 | 91,407 | 34,784 | 56,623 | |
| 2022 | 83,910 | 12 | 83,898 | |
| 2023 | 10,000 | 708 | 9,292 | |
| Total | 370,561 | 220,748 | 149,813 |
Risk Indicators
VVB-confirmed but test type contradicted across documents
Renewable energy; no reversal events; low inherent risk
0% deduction with inconsistent and insufficient justificatio
Method contradicted (project vs jurisdictional); grid EF fro
FPIC conducted; grievance mechanism present; benefit sharing
CORSIA and CCP status not stated; dual-channel risk unconfir
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