Huili Shubaoxiang Solar PV Power Generation Phase I Project
GS-1330 ↗ · current registry ID: GS2678
#385of 1935 in Renewable energy#158of 1084 in China#164of 1801 in Gold Standard (GS)#137of 806 in AMS-I.D
Audit Analysis
A grid-connected solar PV project in China with a VVB-confirmed investment additionality test and no reversal risk, but undermined by a site-visit delay exceeding three years, multiple material findings on double-counting and meter calibration, and several contradictions across documents (baseline method, grid emission factor, crediting period). The project appears to be over-delivering relative to its ex-ante estimate, which is a positive signal, but data gaps on fnrb, CORSIA eligibility, and the age of the grid emission factor (2013) limit confidence in the claims.
Red Flags
- Site visit delay exceeding 3 years; emission reductions from 01/02/2017 to 16/07/2019 cannot be claimed (corrective action CAR 01 in the verification report)
- Material finding CL 01: demonstration of no double counting of GS VERs not clarified in the MR section
- Grid emission factor of 0.858 tCO2/MWh is based on 2013 data, which may not reflect current grid conditions
- Contradiction in baseline method: the PDD (2014) states a jurisdictional baseline while the verification report (2022) states a project-specific baseline
- CORSIA eligibility and CCP status are not stated in any available document
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 195 | 195 | 0 | |
| 2014 | 13,598 | 13,598 | 0 | |
| 2015 | 8,824 | 8,824 | 0 | |
| 2019 | 5,038 | 100 | 4,938 | |
| 2020 | 12,360 | 247 | 12,113 | |
| Total | 40,015 | 22,964 | 17,051 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal risk
0% with quantified justification
Grid-EF baseline, 2013 data, method contradiction
Grievance & benefit-sharing present, no FPIC
CORSIA & CCP status not stated
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