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GSSolar Thermal - ElectricityThailandACM0002

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

6.2/ 10
Integrity
5.5
Transparency
6.5
Claim Safety
6.5
Documentation
7.0

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

IssuedRetiredAvailable
2013
62,865062,865
2014
29,803029,803
Total92,668092,668

Risk Indicators

Additionality

Combined test present; VVB confirmation not explicitly stated

Permanence

Avoidance project; no reversal risk

Leakage

0% deduction; negligible for grid-connected solar

Baseline

Contradiction between project and jurisdictional method

Safeguards

Grievance mechanism and benefit sharing present; FPIC not stated

Double-claim

CORSIA and CCP status not stated in available documents

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Analysis ProvenanceScored2026-09-06ACM0002

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