OUARZAZATE III CONCENTRATED SOLAR POWER PROJECT

Audit Analysis

The Ouarzazate III CSP project is a renewable energy project with a jurisdictional baseline and no permanence risk, but it is severely undermined by a confirmed Gold Standard registry listing (GS ID5019) that contradicts the project's claim of no other GHG program registration, an unconfirmed additionality assessment, and a long list of material findings and corrective actions. The project delivered only about 39% of its pro-rata ex-ante expectation for the elapsed monitoring period, and the verification was conducted remotely without a site visit or stakeholder interviews.

Project Description

Red Flags

• ⚠Project was listed on the Gold Standard registry (GS ID5019) despite claiming no other GHG program registration — a direct double-claiming risk
• ⚠Additionality test type and VVB confirmation are not stated in any available document
• ⚠Actual emission reductions were significantly lower than ex-ante estimates due to low generation (only ~39% of pro-rata expectation delivered)
• ⚠No site visit was conducted; the audit was performed remotely and no stakeholders were interviewed
• ⚠Net generation calculation did not discount offline consumption as required by methodology ACM0002 v19

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