Negros Island Solar Power Inc.
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, and the project uses ACM0002 under VCS.
missing The issuance report records one corrective action request and discrepancies between invoices and the emission reduction spreadsheet for the La Carlota site.
Transparency
verified The monitoring period and verified emission reductions are stated in the issuance record, and the VVB is identified as Bureau Veritas India Pvt. Ltd.
missing Total claimed reductions are not stated in the extracted record, and the extraction confidence is low, indicating at least one key document was hard to read.
Claim Safety
verified Leakage is treated as negligible with a 0% deduction, which reduces over-crediting risk for this renewable energy project.
missing The baseline is project-specific rather than a more conservative standardized or jurisdictional baseline, and the spreadsheet discrepancy raises some over-crediting concern.
Documentation
verified Seventeen documents were used, and the issuance record includes material findings and corrective actions, showing substantive review.
missing The extraction confidence is low, several key fields are not stated in available documents, and the crediting period is much longer than the reported monitoring period.
Detailed Analysis
Integrity
The project’s additionality is stronger than average because the issuance report says the VVB confirmed it through an investment test. Leakage is addressed with a stated justification of negligible impact and a 0% deduction, which is favorable for a solar project. That said, the issuance report also lists one corrective action request and several clarification requests, including discrepancies between invoice quantities and the emission reduction spreadsheet for the La Carlota site, which reduces confidence in the emissions calculation.
Transparency
The record identifies the VVB, the monitoring period from 2020-04-26 to 2023-05-25, and the verified emission reductions of 155,337. However, the total claimed reductions are not stated in the extracted record, so over-crediting cannot be checked directly from the provided facts. The low extraction confidence also suggests at least one source document was difficult to read, which weakens documentation transparency.
Claim Safety
Claim safety is moderately positive because the project is a renewable energy activity under ACM0002 and leakage is treated as negligible with no deduction. Still, the baseline is project-specific rather than a more conservative standardized baseline, and the invoice-versus-spreadsheet discrepancy creates some risk that the verified reductions may not fully align with underlying activity data. No FNRB issue is relevant here because the method is marked not applicable.
Documentation
Documentation is mixed: there are 17 documents used, the VVB is named, and the issuance report includes findings and corrective actions. On the other hand, the extraction confidence is low, several fields such as claimed reductions and usage monitoring details are not stated in available documents, and the monitoring period is much shorter than the full crediting period. The contradictory FPIC records also indicate incomplete consistency across the source set.
Overall
Overall, this is a mid-quality renewable energy crediting case with solid points on additionality and leakage treatment, but it is held back by documentation weaknesses and verification findings. I privileged the 2024 issuance record over the earlier 2018 document where the two conflict, because it is more recent and closer to the verified monitoring period; that is why FPIC is treated as not conducted in the semaphore, while noting the contradiction explicitly. I also privileged the later leakage statement of negligible impact over the earlier not-addressed position for the same reason, but the existence of those contradictions still lowers reliability.
Audit Analysis
This is a registered VCS renewable energy project with VVB-confirmed additionality and a quantified leakage deduction of 0%, which supports moderate integrity. However, the record shows low extraction confidence, multiple corrective findings, and a discrepancy between invoices and the emission reduction spreadsheet for one site, which weakens confidence in the claimed reductions.
Project Description
Proponent: Negros Island Solar Power Inc. Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: ACM0002 Estimated annual GHG reductions: 66039 tCO2e Region: Asia Registration date: 2018-02-22
Red Flags
- The verification found one corrective action request and several clarification requests, including invoice-to-spreadsheet discrepancies at the La Carlota site.
- FPIC is not consistently documented: one document indicates it was conducted, while the later issuance record says it was not.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2016 | 49,437 | 49,437 | 0 | |
| 2017 | 60,449 | 60,449 | 0 | |
| 2018 | 62,773 | 62,773 | 0 | |
| 2019 | 64,786 | 34,986 | 29,800 | |
| 2020 | 22,387 | 22,387 | 0 | |
| Total | 259,832 | 230,032 | 29,800 |
Cosa migliorerebbe questo punteggio
- Publish the full claimed-versus-verified emissions reconciliation and the underlying spreadsheet checks for the La Carlota site.
- Clarify the FPIC record and provide a complete, readable set of monitoring and verification documents with consistent leakage and safeguard statements.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
Avoidance project with no reversal risk
Negligible leakage with 0% deduction
Project baseline, reassessment timing not stated
Grievance and benefit sharing present, FPIC contradictory
CORSIA/CCP status not stated
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