GEYCEK Wind Farm Project

Audit Analysis

The Geycek Wind Farm is a fundamentally sound Gold Standard wind project with VVB-verified additionality, a jurisdictional baseline, and no reversal events. However, a large volume of corrective actions (17 CARs, 6 CRs), a capacity increase from 150 to 168 MW not fully reflected in the registered PDD, metering deviations, and low extraction confidence in the source documents introduce meaningful data-reliability concerns that temper an otherwise clean profile.

Project Description

Red Flags

• ⚠Capacity increased from 150 MW to 168 MW via software application, yet the registered PDD still reflects the original configuration — the VVB flagged this as a corrective action, raising questions about whether the ex-ante ERR estimate was recalculated.
• ⚠Monitoring used 2 main electricity meters instead of the 1 specified in the registered PDD, a deviation from the approved methodology that was only resolved through corrective actions.
• ⚠17 Corrective Action Requests and 6 Clarification Requests were issued and closed across verification cycles, including missing 2020 EPİAŞ/TEİAŞ grid data and missing 07–08 months of 2023 generation data, indicating recurring gaps in the project's record-keeping.
• ⚠Minimum extraction confidence across the 25 source documents is rated low, meaning at least one key document was poorly readable and the structured data may under-represent the full evidentiary record.

Credit Vintages