Guodian Penglai Hushan Phase I Wind Farm Project

Audit Analysis

A CDM wind project with a solid VVB-confirmed additionality assessment and a standard jurisdictional grid baseline, but significant gaps in leakage treatment, absence of any monitoring or verification data, and a 10× discrepancy in the claimed emission reduction figure between the PDD and the validation report. The project's integrity is moderate, while transparency and claim safety are weakened by the lack of post-validation evidence and unresolved data inconsistencies.

Project Description

Red Flags

• ⚠The PDD states a total ERR of 827,900 tCO₂e while the validation report (the authoritative VVB document) records 82,790 tCO₂e — a tenfold discrepancy that undermines confidence in the project's quantification
• ⚠Leakage was assigned a 0% deduction and the validation report records the justification as 'not addressed', while the PDD merely states it was 'deemed negligible' — no substantive leakage analysis is documented
• ⚠No monitoring reports, verification reports, or verified ERR figures are available for the full 2012–2022 crediting period, leaving the project's actual performance entirely unverified
• ⚠Six material findings were raised during validation (including inconsistent O&M costs, loan interest figures, and unsupported common-practice evidence), all of which were resolved before the validation report was issued, but the volume of corrections signals a weak initial PDD

Credit Vintages

No issuances recorded on the registry.