Kanije Wind Farm Project

Audit Analysis

The Kanije Wind Farm is a straightforward renewable-energy avoidance project with a VVB-confirmed investment additionality test and a jurisdictional baseline, both of which are well-suited to the project type. However, six cross-document contradictions (notably a 2× discrepancy in the lifetime ex-ante ERR estimate) and a 0% buffer pool introduce moderate uncertainty. All 33 initial findings were resolved, and the verified ERR for the six-year monitoring period aligns closely with the pro-rata expectation derived from the validation report's lifetime figure.

Project Description

Red Flags

• ⚠The lifetime ex-ante ERR is reported as 1,186,376 in the validation report but 639,522 in the monitoring report — a 2× discrepancy that, if the lower figure were correct, would imply the project delivered ~188% of the pro-rata expectation for the elapsed period.
• ⚠Buffer pool is set at 0% and the validation report marks reversal events as 'not addressed' (the PDD states 'none reported'), leaving a documentation gap on permanence risk even though the project is an avoidance type.
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel or double-claiming risk unassessed.

Credit Vintages