Grouped Connect Solar PV Power Generation Project in China
#55of 770 in Renewable energy#24of 204 in China#70of 629 in Verra (VCS)#38of 383 in ACM0002
Audit Analysis
A registered VCS solar PV project in China with a solid investment-test additionality assessment confirmed by the VVB and a grid-emission-factor baseline appropriate for the project type. However, four corrective actions, a material finding on pipeline listing, a 0% leakage deduction with no explicit justification, and several cross-document contradictions (additionality test type, baseline method, leakage rationale) introduce moderate uncertainty. The verified ERR for the 2019–2022 monitoring period (946,107 tCO₂e) aligns closely with the pro-rata share of the PDD lifetime estimate, indicating no material over-crediting.
Red Flags
- Four corrective actions (CAR 01–04) plus two additional VVB requirements were raised in the 2022 verification report, indicating recurring process or quantification deficiencies.
- Leakage deduction is 0% and the verification report records the justification as 'not addressed'; the monitoring report calls it 'deemed negligible' but no quantitative or qualitative rationale is provided in either document.
- The PDD describes the additionality test as 'combined' while the validation report (the VVB's own assessment) records it as 'investment' — an inconsistency that weakens the additionality narrative.
- Baseline method is described as 'project' in the verification report but 'jurisdictional' in the monitoring report, creating ambiguity about which baseline approach was actually applied.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 89,767 | 35,354 | 54,413 | |
| 2014 | 250,129 | 285 | 249,844 | |
| 2015 | 340,589 | 116,989 | 223,600 | |
| 2016 | 210,252 | 12,506 | 197,746 | |
| 2017 | 224,230 | 221,813 | 2,417 | |
| 2018 | 265,092 | 441 | 264,651 | |
| Total | 1,380,059 | 387,388 | 992,671 |
Risk Indicators
VVB-confirmed investment test
Solar PV – no carbon stock, minimal reversal risk
0% deduction, justification not addressed in verification re
Grid-EF baseline appropriate but method description contradi
FPIC, grievance mechanism, benefit sharing all documented
CORSIA and CCP status not stated – dual-channel risk not exc
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