Nagreongo solar PV

Audit Analysis

The Nagreongo Solar PV project in Burkina Faso is a straightforward grid-displacement project with a VVB-confirmed investment additionality test and on-target pro-rata delivery (~101% of the expected lifetime allocation for the elapsed monitoring period). The main concerns are a project-specific baseline, a 0% leakage deduction justified only as 'deemed negligible' (contradicting the validation report's 'quantified' language), and a series of administrative corrections flagged by the VVB. No reversal risk is inherent to the solar PV avoidance design, and safeguards including FPIC and a grievance mechanism are documented.

Project Description

Red Flags

• ⚠Contradiction between the validation report (leakage 'quantified') and the monitoring report (leakage 'deemed negligible') creates ambiguity about whether leakage was actually calculated or simply assumed away.
• ⚠Baseline method is inconsistent across documents: the verification report states a project-specific baseline while the monitoring report references a jurisdictional baseline, leaving the actual baseline construction unclear.
• ⚠Multiple corrective actions (CARs) were required in the verification report, including inconsistencies in ex-ante values, grid emission factor values, and crediting period dates in the ER calculation sheet, indicating data-quality issues in the project's reporting.

Credit Vintages