Soma III Wind Farm
GS-547 ↗ · current registry ID: GS3253
#526of 1935 in Renewable energy#107of 295 in Turkey#245of 1801 in Gold Standard (GS)#399of 1287 in ACM0002
Audit Analysis
Soma III is a 14-year Gold Standard wind project in Turkey with a solid MRV system (sealed TEİAŞ meters, EPIAS cross-checks) and no reversal risk, but it carries a heavy load of material findings and corrective actions—over 20 items spanning expropriation gaps, data discrepancies, and missing sustainability documentation. The 2025 verification report confirms additionality and a 12% over-delivery, yet contradictions across documents on baseline method, grid emission factor, and additionality status introduce meaningful uncertainty into the credit's integrity.
Red Flags
- Over 20 corrective actions required in the 2025 verification report, including unresolved expropriation of land parcels, missing HCV reports, and data discrepancies in net electricity generation versus EPIAS records for 2015–2016
- Contradiction on additionality: the 2022 verification report recorded additionality as not verified, while the 2025 report confirms it—this reversal raises questions about the robustness of the earlier assessment
- Grid emission factor of 0.6482 tCO₂/MWh is from 2018; Turkey's grid mix has shifted, and the 2025 report still uses this value, potentially under- or over-stating baseline emissions
- Baseline method is stated as 'project-specific' in the 2025 verification report but 'jurisdictional' in the 2020 PDD, creating ambiguity about which baseline underpins the credits
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2014 | 4,095 | 4,095 | 0 | |
| 2015 | 149,640 | 149,640 | 0 | |
| 2016 | 188,277 | 167,802 | 20,475 | |
| 2017 | 169,288 | 86,888 | 82,400 | |
| 2018 | 171,895 | 171,895 | 0 | |
| 2019 | 178,549 | 139,518 | 39,031 | |
| 2020 | 261,469 | 194,181 | 67,288 | |
| 2021 | 295,754 | 36,775 | 258,979 | |
| 2022 | 301,333 | 0 | 301,333 | |
| 2023 | 124,804 | 0 | 124,804 | |
| Total | 1,845,104 | 950,794 | 894,310 |
Risk Indicators
VVB-confirmed investment test (2025 VR)
Avoidance project, no reversal events
0% deduction, appropriate for wind
Project-specific, 2018 grid EF, method contradiction
Grievance mechanism present, FPIC not stated, log book underused
CORSIA and CCP status not stated
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