JCM_TH_F_Val_Rep_ver01.0

JCM Validation Report Form
A. Summary of validation
A.1. General Information
Title of the projectIntroduction of 5MW Floating Solar Power System on
Industrial Water Reservoir in Thailand

Reference number

TH014

Third-party entity (TPE)

Japan Quality Assurance Organization (JQA)(TPE-TH-003)

Project participant contracting the TPE

TSB Co., Ltd.

Date of completion of this report

26/03/2020

A.2 Conclusion of validation
Overall validation opinion

Positive
Negative

A.3. Overview of final validation conclusion
Only when all of the checkboxes are checked, overall validation opinion is positive.
Item
Validation requirements
No CAR or CL
remaining
Project design The TPE determines whether the PDD was completed using
document form
the latest version of the PDD forms appropriate to the typeof project and drafted in line with the Guidelines forDeveloping the Joint Crediting Mechanism (JCM) Project
Design Document, Monitoring Plan and Monitoring Report.
Project
The description of the proposed JCM project in the PDD is
description
accurate, complete, and provides comprehension of the
proposed JCM project.
Application of The project is eligible for applying applied methodology andapproved JCM that the applied version is valid at the time of submission of
methodology
the proposed JCM project for validation.
(ies)
Emission
All relevant GHG emission sources covered in thesourcesand methodology are addressed for the purpose of calculating
calculationof project emissions and reference emissions for the proposedemission
JCM project.
reductions
The values for project specific parameters to be fixed ex ante
listed in the Monitoring Plan Sheet are appropriate, if
applicable.
Environmental
The project participants conducted an environmental impact
impactassessment, if required by the Kingdom of Thailand, in line
assessmentwith Thai procedures.
Local
The project participants have completed a local stakeholder
stakeholder
consultation process and that due steps were taken to engage
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B. Validation team and other experts

Name

Company

Function*

Mr.
Tadashi
JQA
Team Leader
Ms.
YoshidaMr.
SachikoInternal
JQA
Ms.
Hashizume
Reviewer
Please specify the following for each item.

Schemecompetence*

Technical
competence*On-sitevisit

Authorized
Authorized* Function: Indicate the role of the personnel in the validation activity such as team leader, teammember, technical expert, or internal reviewer.
* Scheme competence: Check the boxes if the personnel have sufficient knowledge on the JCM.
* Technical competence: Indicate if the personnel have sufficient technical competence related
to the project under validation.

C. Means of validation, findings, and conclusion based on reporting requirements
C.1. Project design document form
<Means of validation>
The PDD form was checked and confirmed as complete in accordance with the JCM
Guidelines for Developing Project Design Document and Monitoring Report (JCM_TH_GL_
PDD_MR_ver02.0). The latest version of the JCM PDD form (JCM_TH_F_PDD_ver02.0)
is used for the PDD of the proposed project (Version 01.0 dated 15/01/2019 for First edition,
Version 02.0 dated 11/03/2020 for Second edition and Version 03.0 dated 13/03/2020 for Third
edition). The validation was conducted on the first edition of the PDD.
<Findings>
No issue was raised to the requirement.
<Conclusion based on reporting requirements>
The validation team concludes that the PDD is completed using the valid version of the
PDD form and drafted in line with the JCM Guidelines for Developing Project Design
Document and Monitoring Report.

C.2. Project description<Means of validation>
The purpose of the proposed project is to reduce CO2 emissions from the consumption ofgrid electricity at the factory by newly installing 5 MW floating solar power system at the3

JCM_TH_F_Val_Rep_ver01.0

industrial reservoir pond of Kabinburi Industrial Zone. The solar power system consists of
PV module, optimizer, inverters, pyranometer, electricity meter and PC server.

The type of

crystalline silicon photovotalic (PV) module installed is EN 156p-72-320 with a maximum
power output of 320 W, made by Econess Energy Co., Ltd., and 16,000 units of PV module are
installed with floating over the industrial reservoir pond.

All PV modules are equipped withthe power optimizer (made by GNE New Energy Technology Co., Ltd.) which works withmaximum power point tracking.

This optimizer has also functions of maximum conversion

efficiency, module level monitoring, data acquisition, wireless communication and safety
management.

Water floating solar power system has some advantages such as effective useof unused land, less dust and shadow influence, lower PV surface temperature which gives 1015% higher generation output, etc.

All power generated by the solar PV system is supplied

to a factory in Kabinburi Industrial Zone, in accordance with the Power Sales Agreement,
where national grid electricity has been consumed.

Hence, the implementation of the

proposed project contributes to the reduction in the consumption of national grid electricity
mostly derived from fossil-fuel fired power plant at the factory.

As a result, the proposed

project would reduce the emissions of 2,552 tCO2e per year and 27,939 tCO2e in total during
the monitoring period of 2020 - 2030.
The proposed project is implemented by TSB Bangkok Co., Ltd. from the Kingdom ofThailand and TSB Co., Ltd. from Japan. The starting date of project operation was set to be
20/01/2020, which is supported by Report of Construction Completion issued by Smart En
Consultants Co., Ltd. dated 17/01/2020. The expected operational lifetime of the project is
17 years, which is based on the legal durable years for the manufacturing facilities of electronicparts, device and/or circuit issued by Ministry of Finance, Japan.
The proposed project was partially supported by the Ministry of Environment (MOE),
Japan, through the Financing Programme for JCM model projects, which provides financial
support of less than half of the initial investment for the projects in order to acquire JCM credits.
As for the technology transfer, TSB Co., Ltd. has conducted OJT training on the floatingassembly, wiring and maintenance of the project facilities for the staffs of TSB Bangkok Co.,Ltd.
The validation team has assessed the PDD and the supporting documents through the desk
review and the interview with the PPs, without on-site visit, to validate the requirements aboutaccuracy and completeness of the project description.

No on-site visit is justified as follows:

The validation of the accuracy and completeness of the project description has been conductedby the document review and interviews. The sufficient evidences and information relevant to
the project description have been obtained without on-site visit.

The team reviews those

documents to determine whether the information in the PDD is accurate and complete, andinterviews with the PPs, when necessary the related stakeholders, for understanding the4

JCM_TH_F_Val_Rep_ver01.0

proposed JCM project.
The persons interviewed and documents reviewed are provided in Section E of this report.
Regarding the coordinates of the project site in A.3 and the ambiguous description in A.2of the PDD, the validation team raised CL 01 and CL 02 and these issues were resolved as
explained in "Findings".
<Findings>< CL 01 >The PPs are requested to provide more precise coordinates of the project site in A.3 of the
PDD.
< Comments from the PPs >More precise coordinates of the project site, i.e., N14.059759 E101.84849, are provided in
A.3 of the revised PDD.
< Assessment by the TPE >It is confirmed through the review of the revised PDD that the coordinates of the projectsite are correctly provided in A.3 of the revised PDD.

Thus, CL 01 is closed.

< CL 02 >The meanings of the following paragraphs such as "under high temperature", "protect
environmnet" and "PV module's variation" and "displacing grid electricity generation" are notexplicitly explained in A.2 of the PDD.
< Comments from the PPs >The description in A.2 of the revised PDD has been revised as follows:PV system on the water will give higher power generation efficiency compared to the solar
system on the ground under high atmosphere temperature due to the lower surface temperatureof PV module. The optimizer has a power shutdown function for each PV modules. It can
prevent an electric shock for Firefighters in case of fire.
optimizer can detect leakage accident of PV module.

And monitoring function of the

The use of optimizer also minimizes thepower generation loss of PV module string by PV module’s specification variation.
< Assessment by the TPE >It is confirmed through the review of the revised PDD that the technology of the proposed
project and means of the GHG emission reduction are clearly described in A.2.
is closed.

5Thus, CL 02

JCM_TH_F_Val_Rep_ver01.0<Conclusion based on reporting requirements>
The validation team concludes that the description of the proposed project in the PDD
complies with the supporting documents and information obtained through the desk review andthe interview with the PPs, and the description is accurate and complete.

C.3. Application of approved methodology(ies)<Means of validation>
The approved methodology JCM_TH_AM001_ver01.0 "Installation of Solar PV System"
is applied to the proposed project. The methodology was approved by the JC on 23/08/2016
and valid at the time of the validation.
The validation team has assessed whether the selected methodology is applicable to the
proposed project.

The project applicability was checked against four eligibility criteria

contained in the approved methodology. The project information for each eligibility criterion
and the assessment/conclusion about its applicability to the proposed project are summarized
in the following tables.
Eligibility
criteria

Descriptions specified
in the methodology

Project
information

Criterion

The project installs
solar PV system(s).

The solar PV
system is installedat industrial
Reservoir pond in
Kabinburi
industrial zone.

It is confirmed through the

The solar PV system
is connected to theinternal power gridof the project site
and/or to the grid for
displacing gridelectricity and/or
captive electricity at
the project site.

The solar PV
systems areconnected to theinternal power
grids of the projectsites (factory) for
displacing gridelectricity at the
project sites.

It is confirmed through thereview of Power Sale Agreement
between TSB Bangkok Co., Ltd.
and Fujikura Electronics
Thailand Ltd. that theconnection of the solar PV
system to the internal power gridof the factory in Kabinburi
industrial zone is approved by
Provincial Electricity Authority(PEA) on 19/12/2019, whichdisplaces grid electricity
consumed at the factory. Hence,
the Criterion 2 is satisfied.

1

Criterion
2

6

Assessment and conclusion

review of the Report ofConstruction Completion issued
by Smart En Consultants Co.,
Ltd. that the solar PV systemwith a capacity of 5 MW was
installed with floating over theindustrial reservoir pond in
Kabinburi industrial zone on
17/01/2020. Hence, theCriterion 1 is satisfied.

JCM_TH_F_Val_Rep_ver01.0

Criterion
3

Criterion
4

The PV modules
have obtained acertification ofdesign qualifications(IEC61215, IEC
61646 or IEC
62108) and safety
qualification (IEC61730-1 and IEC
61730-2).

The PV modules
installed in the
project have beencertified for IEC
61215, IEC 617301, IEC 61730-2.

It is confirmed through thereview of Certificate issued by
TUV NORD CERT GmbH on
24/05/2019 that Econess EnergyCo., Ltd. is authorized to provide
the PV modules (EN156P-72320) tested according to thedesign qualification IEC 61215
and safety qualification 61730-1
and 61730-2 on 24/05/2019(valid until 06/11/2023).
Hence, the Criterion 3 issatisfied.

The equipment tomonitor output
power of the solar
PV system andirradiance isinstalled at the
project site.

Electricity meterand pyranometer
have been installedat the project site tomonitor output
power and
irradiancerespectively.

It is confirmed through thereview of relevant documents
including monitored data and theinterview with the PPs thatelectricity meter and pyranometer are installed at the projectsite and have been operated tomonitor output power andirradiance. Hence, theCriterion 4 is satisfied.

Regarding the missing of Criterion 2 in B.2 of the PDD, the validation team raised CAR 01
and this issue was resolved as explained in "Findings".
<Findings>< CAR 01 >The PPs are requested to provide Criterion 2 in the methodology and its project informationin B.2 of the PDD.
< Comments from the PPs >Criterion 2 of Eligibility criteria and its project information are appropriately provided in
B.2 of the revised PDD.
< Assessment by the TPE >It is confirmed through the review of the revised PDD that Criterion 2 of Eligibility criteria
and its project information are appropriately provided in B.2 of the PDD. Thus, CAR 01 is
closed.
<Conclusion based on reporting requirements>
The validation team concludes that the proposed project is eligible for applying the valid
version of the approved methodologies TH_AM001_ver01.0 and all eligibility criteria have7

JCM_TH_F_Val_Rep_ver01.0

been met by the proposed project.

C.4. Emission sources and calculation of emission reductions<Means of validation>
The proposed project aims to reduce CO2 emission from the consumption of grid electricity
at the factory by newly installing the PV solar system at the industrial reservoir pond of
Kabinburi Industrial Zone.
Reference emissions are sourced from the consumption of grid electricity and projectemissions are sourced from the generation of electricity from the solar PV system.
Reference emissions are calculated on the basis of the AC output of the solar PV system
multiplied by the conservative emission factor of grid electricity, which is expressed by
Equation (1), in accordance with the methodology TH_AM001:
REp = ∑EGi,p x EFRE------------- (1)Where:
REp :Reference emissions during the period p (tCO2/p)

EGi,p :

Quantity of the electricity generated by the project solar PV system iduring the period p (MWh/p)

EFRE : Reference CO2 emission factor of grid electricity and/or captive
electricity (tCO2/MWh)
The value of ∑EGi,p is the sum of electricity generated by the solar PV system.

The

quantity of electricity generated by the solar PV system is estimated ex-ante based on the solar
irradiance data published by NASA Atmospheric Science Data Center.
As the grid electricity is consumed at the factory, the CO2 emission factor of the Thai gridis used in the calculation of reference emissions.

In order to calculate reference emissions

conservatively, the applied methodology TH_AM001 requires to use the emission factor of themost efficient natural gas-fired power plant in Thailand (generation efficiency: 61.2%), i.e.,
0.319 tCO2/MWh, given by the applied methodology.
It is confirmed through the review of relevant documents and the interview with the PPsthat the project-specific parameter to be fixed ex-ante such as EFRE is correctly applied in thecalculation of reference emissions.
Project emissions are the emissions from the solar PV system, which are assumed to be
zero as per the methodology.

Hence, the project emissions are expressed by Equation (2),PEp = 0--------------------

Where:
8(2)

JCM_TH_F_Val_Rep_ver01.0

PEp :Project emissions during the period p [tCO2/p]

Thus, the GHG emission reductions during the period p are calculated by Equation (3), inline with the approved methodology:
ERp = REp – PEp--------------------

(3)

= REp
Where:
ERp : Emission reductions during the period p (tCO2/p)
REp : Reference emissions during the period p (tCO2/p)
PEp : Project emissions during the period p (tCO2/p)
As a result , the annual emission reductions are calculated as follows:
ERp = REp – PEp= ∑EGi,p x EFRE
= 8,000.75 MWh x 0.319 tCO2/MWh= 2,552 tCO2
The GHG annual emission reductions are estimated to be 2,552 tCO2 and the sum of theemission reductions for the period of 2020 – 2030 is estimated to be 27,939 tCO2.
It is confirmed through the review of relevant documents and the interview with the PPsthat all GHG emission sources specified by the applied methodology are identified, and thereference emissions (REp), project emissions (PEp) and emission reductions (ERp) in the revised
PDD (ver03.0) and Monitoring Plan Sheet are correctly calculated, in accordance with themethodology TH_AM001_ver01.0.
Regarding the CO2 emission source and correctness of RE and ER values in 2020, thevalidation team raised CAR 02 and CL 03 and these issues were resolved as explained in"Findings".
<Findings>< CAR 02 >CO2 emission source from the consumption of grid electricity at a Factory in Kabinburi
Industrial Zone is not appropriately illustrated in C.2 of the PDD< Comments from the PPs >The CO2 emission from the factory due to the consumption of national grid electricity isadded to the figure in C.2 of the revised PDD.
< Assessment by the TPE >9

JCM_TH_F_Val_Rep_ver01.0

It is confirmed through the review of the revised PDD that CO2 emission from theconsumption of national grid electricity at the factory is appropriately added in C.2 of the PDD.
Thus, CAR 02 is closed.
< CL 03 >The PPs are requested to check the values of RE and ER in 2020 in C.3 of the PDD< Comments from the PPs >The values of RE and ER in 2020 have been corrected and provided in C.3 of the revised
PDD.
< Assessment by the TPE >It is confirmed through the review of the revised PDD that the values of RE and ER in 2020
have been correctly recalculated and provided in C.3 of the PDD. Thus, CL 03 is closed.
<Conclusion based on reporting requirements>
The validation team confirms that all emission sources and GHG types specified in theapproved methodology are appropriately identified.

The validation team concludes that thevalue of parameter to be monitored ex-post in the MPS (∑EGi,p) is correctly estimated basedon the total quantity of electricity generated by the proposed project and the value for the
project-specific parameter to be fixed ex-ante listed in the MPS (EFRE) is also correctly
determined as per the methodology.

In addition, the equations to calculate reference

emissions, project emissions and emission reductions for the proposed project are appropriately
derived and the annual emission reductions are correctly calculated using parameters and datain the MPS.

C.5. Environmental impact assessment<Means of validation>
The purpose of the proposed project is to reduce CO2 emissions from the consumption ofgrid electricity at the factory by newly installing the PV solar system at the industrial reservoir
pond of Kabinburi Industrial Zone.

The PDD states that an Environmental Impact

Assessment (EIA) is not required because the proposed project is exempt from the law, namely,
it is not included in the list of 35 projects or activities which requires an EIA Report. Hence,
there is no stipulation which requires EIA to this kind of the technology implementation.
<Findings>
No issue was raised to the requirement.
<Conclusion based on reporting requirements>
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The validation team concludes that the proposed project does not require the EIA. The
implementation of the proposed project is in line with the regulations in the Kingdom ofThailand and the requirements of the JCM.

C.6. Local stakeholder consultation<Means of validation>
The PPs conducted a local stakeholder consultation under the EIA at TSB Bangkok Co.,
Ltd. on 17/12/2019.
The list of the participants for Local Stakeholders’ Consultation Meeting is as follows:- Thailand Greenhouse Gas Management Organization (TGO)- TSB Co., Ltd.
- TSB Bangkok Co., Ltd.
The local stakeholders provided positive comments for the proposed project. No negative
issues that require actions to be taken by the PPs were raised through the consultation.

It isconfirmed through the review of the relevant documents and the interview with the PPs thatthe stakeholder consultation process was appropriately conducted to collect stakeholders’opinions on the project. The summary of the comments received in the consultation and due
account of all comments taken by the PPs are fully described in the PDD.
Regarding the necessity of further action to the comments and total efficiency of 89.7%,
the validation team raised CL 04 and CL 05 and these issues were resolved as explained in"Findings".
<Findings>< CL 04 >It is not clearly described whether further action is required or not against each comment
received (E.2 of the PDD).
< Comments from the PPs >Further action is not requested to each comment provided by the stakeholders. Hence, thedescription “No further action is not needed” is added to each comment in E.2 of the revised
PDD.
< Assessment by the TPE >It is confirmed through the review of the revised PDD that the description “No further
action is needed” has been added to each comment in E.2 of the PDD. Thus, CL 04 is closed.

11

JCM_TH_F_Val_Rep_ver01.0< CL 05 >The PPs are requested to explain the total efficiency of 89.7% for the generation of the
proposed project in more detail (E.2 of the PDD).
< Comments from the PPs >The total efficiency of 89.7% is derived from the following equation:
89.7% = Temperature compensation coefficient (98%) x Power conditioner efficiency (98.4%)
x Cable loss coefficient (93%)< Assessment by the TPE >It is confirmed through the review of the revised PDD and supporting documents that the
total efficiency of electricity generation for the proposed project is appropriately explained in
E.2 of the PDD. Thus, CL 05 is closed.
<Conclusion based on reporting requirements>
The validation team concludes that the PPs have completed a local stakeholder consultation
process under the EIA and invited comments on the proposed project from the local
stakeholders. The summary of the comments received is provided in the PDD in a completemanner and the PPs have taken due account of all the comments received and described thisprocess in the PDD.

C.7. Monitoring<Means of validation>
The Monitoring Plan consists of the Monitoring Plan Sheet and Monitoring Structure Sheet
which comply with the approved methodologies JCM_TH_AM001_ver01.0. One monitoring
parameter, i.e., total quantity of the electricity generated in the project during the period p (ΣEGi,p), is measured by electricity meter. The monitoring point for electricity generation (#1)
is located within the area of the factory for transaction, and the quantity of electricity generated
by the solar PV system is recorded by the customer and the PP on a monthly basis according
to the Power Sale Agreement.

Electricity data monitored by the optimizer is automaticallytransmitted to the cloud server and therefore the PPs are able to download the monitored datafor recording from the server at any time.

The quantity of electricity generation iscontinuously monitored and monthly recorded.

The data is checked by a responsible

personnel (Deputy Project Manager) on a monthly basis. The accuracy of the electricity meteris Class 0.2S (±0.2%) and the electricity meter is calibrated according to the instruction fromthe PEA.
All monitored data which are required for verification and issuance will be kept and

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JCM_TH_F_Val_Rep_ver01.0

archived electronically for two years after the final issuance of the credits.
The roles and responsibilities of the personnel are described in Monitoring Structure
Sheet. The monitoring structure consists of Project Manager (TSB Co., Ltd.), Deputy ProjectManager (TSB Bangkok Co., Ltd.), Technical and Engineering Manager (TSB Bangkok Co.,
Ltd.) and Project Engineer (TSB Bangkok Co., Ltd.).

Project Manager is responsible forproject implementation and the preparation of monitoring report, Deputy Project Manager isfor the confirmation of monitored data and archived data, Technical and Engineering Manager
is for the collection and archiving of the monitored data, and Project Engineer is for the QA/QC
of the monitoring including the calibration of measuring equipment.
It is confirmed through the review of the relevant documents and the interview with thePPs that the monitoring plan complies with the requirements of the approved methodology and
the PPs are able to implement the monitoring activity appropriately according to the monitoring
plan.
Regarding the archiving of data, monitoring frequency and QA/QC of monitoring, thevalidation team raised CL 06 – CL 08 and these issues were resolved as explained in "Findings".
<Findings>< CL 06 >The description on the archiving of the monitored data is not provided in "(h) Measurement
methods and procedures" in Table 1 of the MPS.
< Comments from the PPs >The description “The data monitored and required for verification and issuance be kept andarchived electronically for two years after the final issuance of credits” is provided in "(h)Measurement methods and procedures".
< Assessment by the TPE >It is confirmed through the review of the revised MPS that the description on the archivingof data is appropriately provided in "(h) Measurement methods and procedures" in Table 1 of
the MPS, according to the requirement of para. 26 of JCM Guidelines for Developing PDD andMR, ver02.0. Thus, CL 06 is closed.
< CL 07 >The PPs are requested to provide the description on monitoring frequency in “(i)Monitoring frequency” in Table 1 of the MPS.
< Comments from the PPs >“Monthly recording” is revised to “Continuously monitored and monthly recorded” in (i)Monitoring frequency.
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JCM_TH_F_Val_Rep_ver01.0< Assessment by the TPE >It is confirmed through the review of the revised MPS that “Monthly recording” is revised
to “Continuously monitored and monthly recorded” in (i) Monitoring frequency in Table 1 of
the MPS. Thus, CL 07 is closed.
< CL 08 >It is not clearly described who is responsible for QA/QC of the monitoring including thecalibration of measuring equipment.
< Comments from the PPs >Project Engineer (TSB Bangkok Co., Ltd.) who is in charge of QA/QC of the monitoring
including the calibration of measuring equipment is newly added in Monitoring Structure
System.
< Assessment by the TPE >It is confirmed through the review of the revised MPS that Project Engineer (TSB Bangkok
Co., Ltd.) is newly added in Monitoring Structure System for the QA/QC of monitoring andfor the calibration of measuring equipment.

It is also confirmed that the electricity meter iscalibrated or replaced according to the instruction of PEA in the proposed project. Thus, CL
08 is closed.
<Conclusion based on reporting requirements>
The validation team concludes that the description of Monitoring Plan is based on theapproved methodology and JCM Guidelines for Developing Project Design Document andMonitoring Report, and the monitoring point as well as monitoring equipment for measurement
are also appropriate. Thus, the PPs have demonstrated feasibility of the monitoring structure
and their abilities to implement the monitoring activity appropriately.

C.8. Modalities of Communication<Means of validation>
The MoC was provided to JQA for review on 12/02/2020, in the valid form
(JCM_TH_F_MoC_ver01.0) at the time of validation, in which TSB Co., Ltd. is nominated as
the focal point. The MoC was signed by the authorized representatives of TSB Bangkok Co.,
Ltd. on 03/02/2020 and by the authorized representatives of TSB Co., Ltd. on 03/02/2020,
along with the contact details.
The validation team has checked the personal identities and employment status of theauthorized signatories with their business cards and signatures. Primary authorized signatory

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JCM_TH_F_Val_Rep_ver01.0

of TSB Co., Ltd. is Chief Executive Officer (CEO) and Alternate authorised signatory is
General Manager of Development Department.
It is confirmed through the check of business cards/signatures and the interview with thePPs that all corporate and personal details including specimen signatures and the informationin the MoC are valid and accurate as requested in the JCM Guidelines for Validation andVerification.
<Findings>
No issue was raised to the requirement.
<Conclusion based on reporting requirements>
The validation team concludes that the MoC is completed using the valid version of theform, and the information and the specimen signature of the PPs provided in the MoC are
correct and sufficient, in compliance with the requirements of the JCM Guidelines.

It isdemonstrated that the MoC is correctly completed and dully authorized.

C.9. Avoidance of double registration<Means of validation>
The representative of focal point entity in the MoC, Chief Executive Officer (CEO) of TSB
Co., Ltd, declares that the proposed project is not registered under any other international
climate mitigation mechanism other than the JCM.

It is confirmed through the check ofpublicly available information (e.g. CDM/JI website, etc.) that the proposed project is notregistered under any other international climate mitigation mechanisms in terms of the nameof entity, applied technology, scale and location. Thus, it can be concluded that the proposed
project will not result in double counting of GHG emission reductions.
<Findings>
No issue was raised to the requirement.
<Conclusion based on reporting requirements>
The validation team concludes that the proposed project is not registered under any otherinternational climate mitigation mechanisms and hence will not result in double counting of
GHG emission reductions.

C.10. Start of operation<Means of validation>
The installation of 5 MW floating solar power system and the wiring connection were15

JCM_TH_F_Val_Rep_ver01.0

completed at the project site on 17/01/2020, which is supported by Report of Construction
Completion issued by Smart En Consultants Co., Ltd. The supply of electricity generated by
the solar PV system to the factory was commenced on 20/01/2020 under the Power Sale
Agreement between TSB Bangkok Co., Ltd. and Fujikura Electronics Thailand Ltd.

It isconfirmed through the review of relevant documents and the interview with the PPs that thestart of project operation was actually commenced at the project site of industrial reservoir
pond in Kabinburi Industrial Zone on 20/01/20120.
<Findings>
No issue was raised to the requirement.
<Conclusion based on reporting requirements>
The validation team concludes that the starting date of project operation is set as 20/01/2020
and does not predate 01/01/2013 as required by the Guideline of the JCM project.

C.11. Other issues<Means of validation>
No more issues are raised in the validation of the proposed project.
<Findings>
Not applicable.
<Conclusion based on reporting requirements>
Not applicable.

D. Information on public inputs
D.1. Summary of public inputs
In line with the JCM Project Cycle Procedure, the PDD was made publicly available for 30days from 20/02/2020 to 20/03/2020 to invite public comments on the following JCM website:
https://www.jcm.go.jp/th-jp/projects/78
No public comments were received.

D.2. Summary of how inputs received have been taken into account by the project participants
Not applicable.

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E. List of interviewees and documents received
E.1. List of interviewees- Katsuyuki Ishikawa,

General Manager, Development Dept., TSB Co., Ltd.

- Nacha Kaewmaneewong

Manager, Sales & Purchasing, TSB Bangkok Co., Ltd.

E.2. List of documents received
1. PDD, ver01.0, 15/01/2019, ver02.0, 11/03/2020 and ver03.0, 13/03/2020
2. Monitoring Spreadsheet 200207_JCM_TSB_TH_AM001.xlsx and 200312_JCM_TSB_
TH_AM001.xlsx
3. JCM Modalities of Communication Statement Form (MoC) submitted for JC, dated
12/02/2020
4. Business cards of Primary authorised signatory, Alternate authorised signatory fromJapanese and Thailand sides along with Contact person
5. JCM Approved Methodology (JCM_TH_AM001_ver01.0)
6. Monitoring Spreadsheet (JCM_TH_AM001_ver01.0)
7. JCM Modalities of Communication Statement Form (JCM_TH_F_MoC_ver01.0)
8. JCM Glossary of Terms (JCM_TH_Glossary_ver01.0)
9. JCM Project Cycle Procedure (JCM_TH_PCP_ver02.0)
10. JCM Project Design Document Form (JCM_TH_F_PDD_ver02.0)
11. JCM Guidelines for Developing Project Design Document and Monitoring Report(JCM_TH_GL_PDD_MR_ver02.0)
12. JCM Validation Report Form (JCM_TH_F_Val_Rep_ver01.0)
13. JCM Guidelines for Validation and Verification (JCM_TH_GL_VV_ver01.0)
14. Outline of the proposed project
15. Location map and layout of 5 MW floating solar power farm
16. Specification of solar PV module (EN156P-72-320) installed by the proposed project
17. Function of optimizer equipped with PV module
18. Power sale agreement between TSB Bangkok Co., Ltd. and Fujikura Electronics(Thailand) Ltd., dated 11/02/2019
19. Company profiles of TSB Co., Ltd.
20. Company profile of TSB Bangkok Co., Ltd.
21-1. The Report of Construction Completion issued by Smart En Consultants Co., Ltd,
dated 17/01/2020
21-2. KIZ Power Generation License
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21-3. PEA approval - Grid connection approval between ISL and, dated 18/06/2018
21-4. Selling license issued by Energy Regulatory Commission on 26/11/2019
21-5. Building construction, Modification or Demolition Permit dated 10/04/2019
21-6. Electricity distribution license issued by Energy Regulatory Commission on 26/11/2019
22. Legal durable year list issued by Ministry of Finance, Japan, to demonstrate the expected
operational lifetime (17years) of the solar PV module23-1. Contract of the proposed project between TSB Co., Ltd. and Global Environment
Centre Foundation (GEC) dated 10/03/201723-2. Modified contract of the proposed project between TSB Co., Ltd. and Global
Environment Centre Foundation (GEC) dated 15/01/2018
24. Records of the staff training for installation, operation and maintenance of the solar PV
system, conducted on 5-8/08/2019
25. Operation and Maintenance for Manual Floating Solar 5.12 MWp, issued Smart En
Consultant Co., Ltd.
26. Floating Kits Installation Manual, issued Smart En Consultant Co., Ltd.
27. Single line diagram of floating solar 5.12 MW at the project site, issued Smart En
Consultant Co., Ltd.
28. Certificates of design qualification (IEC 61215) and safety qualification (IEC 61730-2)
of EN156P-72-320, issued by TUV NORD CERT GmbH on 24/05/2019
29. Specification of electricity meter Mk6E (Class 0.2S) made by EDMI
30. Specification of pyranometer VSN800-14, made by ABB
31. Specification of inverter CL-60E, made by Schneider Electric32-1. Assessing Environmental Impact Assessment (EIA) in Thailand: Implementation
Challenges and Opportunities for Sustainable Development Planning (Working Paper),reported by Asian Environmental Compliance and Enforcement Network (AECEN),
March 201532-2. Code of Practice Report for Floating Solar Power Plant Project - Generation Capacity
5.12 MW - of TSB Bangkok Co., Ltd. made by Smart Solar Engineering Co., Ltd on
30/01/2020
33-1. Minutes of the LSC meeting held on 17/12/2019
33-2. Presentation materials used at the LSC meeting33-3. List of attendee at the LSC meeting
34. Calibration certificate of electricity meter, tested by PEA on 20/06/2019
35. Grid emission factor determined by the methodology TH_AM001_ver01.0
36. Ex-ante calculation of 8,000.75 MWh generated by the solar PV system at the project site
37. Diagram of monitoring structure and reporting system

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Annex Certificates or curricula vitae of TPE’s validation team members, technicalexperts and internal technical reviewers
Please attach certificates or curricula vitae of TPE’s validation team members, technical experts
and internal technical reviewers.
Statement of competenceStatement of competence
Name:

Dr. Tadashi Yoshida

Name:

Ms. Sachiko Hashizume

Qualified and authorized by Japan Quality Assurance Organization.

Qualified and authorized by Japan Quality Assurance Organization.

Function

Function

Date of qualification

Date of qualification
Validator

2014/12/22

Validator

2015/11/20

Verifier

2014/12/22

Verifier

2015/11/20

Team leader

2014/12/22

Team leader

2018/6/22

Technical area within sectoral scopes

Technical area within sectoral scopes

Date of qualification

Date of qualification
TA 1.1. Thermal energy generation

2014/12/22

TA 1.1. Thermal energy generation

2015/11/20

TA 1.2. Renewables

2014/12/22

TA 1.2. Renewables

2015/11/20

TA 3.1. Energy demand

2014/12/22

TA 3.1. Energy demand

2015/11/20

TA 4.1. Cement and lime production

2015/11/12

TA 4.1. Cement and lime production-

TA 5.1. Chemical industry

2014/12/22

TA 5.1. Chemical industry-

TA 10.1. Fugitive emissions from oil and gas

2014/12/22

TA 10.1. Fugitive emissions from oil and gas

TA 13.1. Solid waste and wastewater

2014/12/22

TA 13.1. Solid waste and wastewater

TA 14.1. Afforestation and reforestation-19

TA 14.1. Afforestation and reforestation

2015/11/20-