Spectra Solar Park Ltd _35 MW AC Grid-Tied by Spectra Solar Park Limited
#17of 121 in Bangladesh#287of 1339 in Verra (VCS)#400of 1287 in ACM0002
Audit Analysis
A 35 MW grid-connected solar project in Bangladesh with a jurisdictional baseline and VVB-confirmed additionality, but significant gaps in on-site verification, stakeholder consultation evidence, and several monitoring parameters. The pro-rata credit delivery is reasonable at roughly 102% of expectation for the elapsed monitoring period, and the renewable-energy nature of the project limits reversal and leakage risk.
Red Flags
- No on-site audit was conducted by the VVB, and the validation report explicitly states it is unclear how effective stakeholder consultation was verified; a corrective action remains open requiring independent verification of stakeholder engagement.
- Minimum extraction confidence across the document set is rated low, indicating at least one key document was poorly readable, which undermines confidence in the extracted data.
- CORSIA eligibility and CCP status are not stated in any available document, leaving the project's eligibility for dual-channel markets unresolved.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 30,336 | 0 | 30,336 | |
| 2022 | 2,887 | 0 | 2,887 | |
| Total | 33,223 | 0 | 33,223 |
Risk Indicators
VVB-confirmed combined test
No reversal risk (RE generation)
Negligible, justified for grid-connected solar
Jurisdictional, 2020 grid EF
Grievance & benefit sharing present; FPIC and on-site verifi
CORSIA and CCP status not stated
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