Hilal-2 RES Wind Power Project, Turkey

Audit Analysis

The Hilal-2 wind project in Turkey is a fundamentally sound avoidance-type renewable energy credit with VVB-confirmed additionality, a jurisdictional baseline reassessed in 2024, and no reversal risk. However, a software-driven capacity increase (7 to 9.7 MWe) that was not registered as a formal design change, combined with 43 corrective action requests during validation and multiple cross-document contradictions, introduce moderate concerns about the robustness of the credit claims. The project over-delivered relative to its period-specific ex-ante estimate (107%), which is positive, but the documentation quality and unresolved corrective actions temper confidence.

Project Description

Red Flags

• ⚠Software capacity increase from 7 MWe to 9.7 MWe was not registered as a design change and was excluded from credit claims, but the boundary between registered and unregistered capacity is unclear and could affect future monitoring
• ⚠43 Corrective Action Requests were raised and closed during validation, indicating significant initial documentation deficiencies
• ⚠Multiple open corrective actions remain, including recalculation of emission reductions, updating wastewater and natural gas values, and conducting an on-site audit deferred due to COVID-19
• ⚠Grid emission factor discrepancy: the 2025 verification report uses 0.5612 tCO2/MWh (2015 data) while the 2025 validation report references 0.6345 tCO2/MWh based on 'latest official data'
• ⚠Online site visit conducted instead of a physical visit due to COVID-19, reducing the depth of on-the-ground verification

Credit Vintages