Grouped Captive Solar Power Project in Bangladesh
#38of 770 in Renewable energy#2of 10 in Bangladesh#48of 629 in Verra (VCS)#4of 26 in AMS-I.F
Audit Analysis
A VCS-registered captive solar project in Bangladesh with a solid combined additionality test confirmed by TÜV SÜD South Asia and a jurisdictional grid baseline using a 2023 emission factor. The project delivered roughly 76% of its pro-rata expected reductions over the first monitoring period, which is within normal variability for solar generation. Several inter-document contradictions (FPIC status, leakage treatment, and a 42% reduction in the lifetime ERR between PDD versions) introduce moderate uncertainty but do not undermine the core methodology.
Red Flags
- The lifetime ERR dropped from 78,019 tCO₂e (PDD, Feb 2023) to 44,792 tCO₂e (PDD, May 2024) — a 42% reduction that suggests the initial ex-ante estimate was optimistic and was later revised downward.
- The validation report (Jun 2024) records leakage as 'not addressed' while the monitoring report records it as 'quantified' with a 0% deduction; the VVB's own validation document does not explicitly justify the zero deduction.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 1 | 0 | 1 | |
| 2023 | 1 | 0 | 1 | |
| Total | 2 | 0 | 2 |
Risk Indicators
Combined test, VVB-confirmed
Energy avoidance, no reversal risk
0% deduction, justification inconsistent across docs
Jurisdictional grid EF, 2023
FPIC, grievance mechanism, benefit sharing
CORSIA & CCP status not stated
⚑ Dispute this rating
Are you the project owner?
Metadata correction (free)
Name, country, marketplace or links incorrect? Let us know.
Does not modify the score.
[email protected] →Pipeline re-run with new documents
Have updated documentation not yet included? You can request a new run of the pipeline with the new inputs.
Submit Documents →Share this rating
