Huadian Shangyi Wangyueliang Phase I Wind Farm Project

Audit Analysis

A CDM wind farm project with a jurisdictional baseline and VVB-verified additionality, but the validation report lists 14 substantive corrective actions—particularly around the investment analysis and IRR calculation—indicating a weaker-than-ideal additionality case at approval. No monitoring data, verified ERR, or safeguards detail (FPIC, grievance mechanism) were found in the extracted record, and a seven-fold discrepancy in the claimed ERR between the PDD and the validation report raises data-reliability concerns.

Project Description

Red Flags

• ⚠Seven-fold discrepancy in claimed ERR: the PDD (Oct 2012) states 641,732 tCO₂e while the validation report (Nov 2012) states 91,676 tCO₂e; the validation report figure is privileged as the more recent and authoritative approval document, but the gap signals a data-quality problem.
• ⚠Fourteen corrective actions were required at validation, including multiple items demanding revision of the additionality demonstration, IRR sensitivity analysis, and grid-emission-factor parameter completeness—indicating the PDD had material gaps before approval.
• ⚠No monitoring period, verified ERR, or usage-monitoring method was found in any available document, so actual delivery cannot be assessed against the ex-ante claim.
• ⚠Safeguards are mentioned in the PDD but no FPIC process, grievance mechanism, or stakeholder-engagement detail is documented.

Credit Vintages

No issuances recorded on the registry.