Myanmar Kindar Solar Power Plant Project

Audit Analysis

The Myanmar Kindar Solar Power Plant is a straightforward renewable energy project with a VVB-confirmed combined additionality test and a jurisdictional baseline, but the validation report carries three material findings and five corrective actions that must be resolved. The grid emission factor is drawn from 2016 data, which is seven years before the crediting period began, and several key MRV parameters (FNRB, usage monitoring, buffer pool) are not stated in the available record. The low extraction confidence across the document set limits the reliability of the assessment.

Project Description

Red Flags

• ⚠Grid emission factor of 0.35133 tCO2/MWh is sourced from 2016 data, seven years before the 2023 crediting period start; Myanmar's grid mix may have shifted materially since then
• ⚠Three material findings (CDM tool-24 applicability, outdated CDM tool-27 version, incorrect geographic coordinates) and five corrective actions remain open in the validation report
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable, reducing reliability of the extracted record
• ⚠No monitoring report has been submitted despite the crediting period beginning in January 2023 and the validation report being dated July 2024

Credit Vintages

No issuances recorded on the registry.