Solar Power Company 94MW Project
GS-1319 ↗ · current registry ID: GS2478
#279of 1935 in Renewable energy#6of 48 in Thailand#110of 1801 in Gold Standard (GS)#209of 1287 in ACM0002
Audit Analysis
A 94 MW solar PV project in Thailand registered under CDM (ACM0002) with a well-known VVB (Perry Johnson). The project delivered approximately 80% of its pro-rata lifetime expectation for the 17-month monitoring period, indicating conservative ex-ante estimates. Key concerns include a contradiction in baseline methodology between the verification and monitoring reports, and the absence of explicit VVB confirmation of the additionality test.
Red Flags
- Baseline methodology is contradictory: the verification report (2015-09-22) describes a 'project' baseline while the monitoring report (2015-03-09) references a 'jurisdictional' baseline, creating ambiguity about which approach was actually applied.
- Additionality was assessed via a combined test, but the verification report does not explicitly confirm VVB verification of the additionality determination, leaving a gap in the audit trail.
- Grid emission factor is from 2009 (0.5554 tCO2/MWh); while within CDM rules, it is the oldest available reference year and may not reflect current grid mix.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 62,865 | 0 | 62,865 | |
| 2014 | 29,803 | 0 | 29,803 | |
| Total | 92,668 | 0 | 92,668 |
Risk Indicators
Combined test present; VVB confirmation not explicitly stated
Avoidance project; no reversal risk
0% deduction; negligible for grid-connected solar
Contradiction between project and jurisdictional method
Grievance mechanism and benefit sharing present; FPIC not stated
CORSIA and CCP status not stated in available documents
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