Panasolar Photovoltaic Project
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB in the verification report from 2025-08-21.
missing Leakage is marked as not addressed in the latest verification report, and no leakage deduction is stated.
Transparency
verified The project has a named verifier, LGAI Technological Center, S.A., and a defined monitoring period in the 2025-08-21 verification report.
missing Verified emission totals are not stated in the extracted record, and the extraction confidence is low.
Claim Safety
verified The project uses a grid-connected renewable electricity methodology under Gold Standard, which supports a conventional baseline structure.
missing The latest record does not address leakage, and the project is marked CORSIA-eligible while CCP status is not mentioned, leaving dual-claim risk unresolved.
Documentation
verified Multiple documents were used, and the verification report is recent, dated 2025-08-21.
missing The extraction confidence is low, and several key fields such as baseline reassessment, leakage deduction, and verified emission totals are not found in the available record.
Detailed Analysis
Integrity
The verification report dated 2025-08-21 confirms additionality was checked by the VVB, which is a meaningful positive signal. The project also uses the AMS-I.D. grid-connected renewable electricity methodology under Gold Standard, but leakage is not addressed in the latest report and no buffer pool or reversal handling is stated. No material findings or corrective actions were reported, which helps, but the missing permanence and leakage detail keeps the score moderate.
Transparency
The record identifies the verifier as LGAI Technological Center, S.A. and provides a monitoring period from 2019-11-04 to 2023-11-30, which supports basic traceability. However, the extracted record does not state verified emission totals, and the FNRB method, usage monitoring method, and baseline reassessment timing are not found. The low extraction confidence further weakens transparency because at least one key source was poorly readable.
Claim Safety
Claim safety is mixed because the project is a standard grid-connected renewable electricity activity, but the latest verification record leaves leakage unaddressed. CORSIA eligibility is marked true, while CCP status is not mentioned, so the dual-claim picture is incomplete. I privileged the latest verification report for leakage treatment because it is more recent than the earlier document that said leakage was deemed negligible, but the contradiction lowers confidence in the claim-safety assessment.
Documentation
Documentation quality is limited by the low extraction confidence and the fact that the evidence list is effectively opaque in the extracted record. The verification report is recent and the crediting period is stated, but several important fields are missing, including baseline reassessment, verified emission totals, and leakage deduction. The presence of safeguards like FPIC, grievance mechanism, and benefit-sharing helps, but the overall documentary completeness remains only fair.
Overall
The project appears operationally credible but not fully well-documented. I privileged the 2025-08-21 verification report over the older 2020-10-14 and 2023-10-05 references because it is the most recent source, and therefore its statement that leakage is not addressed carries more weight than the earlier 'deemed negligible' note. The crediting-period contradiction also reduces reliability, and because the extraction confidence is low, the final score is held back despite several positive governance and safeguard signals.
Audit Analysis
The project has some positive integrity signals, including VVB-confirmed additionality, Gold Standard registration, and documented safeguards such as FPIC and a grievance mechanism. However, key evidence gaps and a contradiction on leakage treatment reduce confidence, and the low extraction confidence means the documentation is not fully reliable.
Project Description
Developer: Panasolar Generation Type: Solar Thermal - Electricity Size: Small Scale Crediting period: 2018-06-01 → 2025-05-31 Estimated annual credits: 10322 tCO2e SDGs: Goal 8: Decent Work and Economic Growth, Goal 7: Affordable and Clean Energy, Goal 13: Climate Action
Red Flags
- Leakage is not addressed in the latest verification record, despite an earlier document saying it was deemed negligible.
- The crediting period differs between documents, which raises reliability concerns about the project record.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 1,180 | 0 | 1,180 | |
| 2020 | 6,852 | 0 | 6,852 | |
| 2021 | 6,352 | 0 | 6,352 | |
| 2022 | 5,910 | 0 | 5,910 | |
| 2023 | 6,306 | 0 | 6,306 | |
| Total | 26,600 | 0 | 26,600 |
Cosa migliorerebbe questo punteggio
- Publish a clear leakage assessment and, if applicable, a quantified leakage deduction in the latest verification materials.
- Provide a reconciled document trail for the crediting period and verified emission totals, with readable source files and explicit baseline reassessment history.
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 additionality
No reversal treatment stated
Leakage not addressed
Project baseline, reassessment not stated
FPIC and grievance mechanism documented
CORSIA-eligible; CCP status not mentioned
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