ReNew Solar Power Project in AP
GS-3426 ↗ · current registry ID: GS11405
#983of 1935 in Renewable energy#492of 975 in India#629of 1801 in Gold Standard (GS)#776of 1287 in ACM0002
Audit Analysis
A utility-scale solar PV project in Andhra Pradesh with VVB-confirmed additionality and no permanence risk, but undermined by an unaddressed 0% leakage deduction, a project-specific baseline, and a heavy load of 19 corrective actions that signal documentation quality issues. The project delivered only ~34% of its pro-rata ex-ante expectation for the 2024 monitoring period, which reduces over-crediting risk but raises questions about the original estimate's accuracy.
Red Flags
- Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, contradicting the 2024 report which stated it was quantified
- 19 corrective actions required by the VVB, including calibration gaps, calculation errors in the ER sheet, and missing monitoring metadata
- Verified emissions reductions (61,617 tCO2e) represent only ~34% of the pro-rata ex-ante expectation (~182,591 tCO2e) for the 12-month monitoring period, suggesting the lifetime estimate may be overly optimistic
- Crediting period start date contradicts between the 2023 verification report (2016) and the 2025 verification report (2021), creating uncertainty about the true project timeline
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 13,550 | 13,550 | 0 | |
| 2020 | 92,492 | 92,492 | 0 | |
| 2021 | 91,656 | 91,656 | 0 | |
| 2022 | 96,478 | 3,683 | 92,795 | |
| 2023 | 100,918 | 71,402 | 29,516 | |
| 2024 | 87,882 | 0 | 87,882 | |
| Total | 482,976 | 272,783 | 210,193 |
Risk Indicators
VVB-confirmed investment test
Solar PV – no reversal risk
0% deduction, not addressed
Project-specific, reassessed 2023
Grievance & benefit sharing present; no FPIC
CCP/CORSIA status not stated
⚑ Dispute this rating
Are you the project owner?
Metadata correction (free)
Name, country, marketplace or links incorrect? Let us know.
Does not modify the score.
[email protected] →Pipeline re-run with new documents
Have updated documentation not yet included? You can request a new run of the pipeline with the new inputs.
Submit Documents →Share this rating
