Taspinar Wind Solar Hybrid Project

Audit Analysis

The Taspinar Wind Power Project is a Gold Standard wind credit with VVB-confirmed additionality and a recently reassessed (2024) project-specific baseline, but it carries a heavy burden of open corrective actions (21 CARs, 12 FARs, 2 CRs) and several unresolved data gaps including no stated buffer pool, unaddressed reversal risk, and a missing verified ERR figure. The project delivered roughly 128% of its pro-rata ex-ante expectation for the 2024 monitoring period, which is encouraging, but the volume of outstanding findings and contradictions across documents temper confidence in the credit's robustness.

Project Description

Red Flags

• ⚠21 corrective actions (CAR1–CAR21) and 12 follow-up actions (FAR1–FAR12) remain listed in the 2024 verification report, indicating persistent documentation and compliance gaps
• ⚠Reversal risk is explicitly 'not addressed' and no buffer pool percentage is stated in any available document
• ⚠FPIC was not conducted, despite the project involving land expropriation of residential parcels (noted in FAR8)
• ⚠Total verified ERR is not found in the extracted record; only the claimed figure of 141,020 tCO₂e for 2024 is available
• ⚠Baseline method is contradictory: the 2024 verification report states 'project' while the validation report (one day earlier) states 'jurisdictional'

Credit Vintages