InfraVest Changbin and Taichung bundled Wind Farms Project - Taiwan (300190)

Audit Analysis

A Gold Standard wind farm project in Taiwan with confirmed additionality and a jurisdictional baseline, but plagued by extensive monitoring and reporting errors across multiple verification cycles. The project delivered only about 48% of its pro-rata ex-ante expectation for the 10-month monitoring period, and the low extraction confidence combined with numerous corrective actions raises concerns about data reliability. Overall a moderate-quality project with inherent low permanence risk (avoidance type) but significant documentation and MRV quality weaknesses.

Project Description

Red Flags

• ⚠Verified emission reductions are 41.24% lower than the estimated value for the monitoring period, indicating significant under-delivery against ex-ante projections
• ⚠25+ corrective actions required across multiple verification cycles, including calculation errors, missing data (Jan–Mar 2014), unit errors, and inconsistent meter serial numbers
• ⚠Minimum extraction confidence rated as low, meaning at least one key document was poorly readable, undermining confidence in the extracted data
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages