JCM_VN_F_Val_Rep_ver01.0

JCM Validation Report Form
A. Summary of validation
A.1. General Information
Title of the project

Installation of Energy Saving Equipment inLens Factory

Reference number

VN011

Third-party entity (TPE)

Lloyd's Register Quality Assurance Limited(LRQA)

Project participant contracting the TPE

HOYA CORPORATION

Date of completion of this report

22/03/2019

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
the proposed JCM project for validation.
methodology(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 Socialist Republic of Vietassessment
Nam, in line with Vietnamese 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

Mr.
Ms.

Name

Company

Function*

Michiaki
Chiba

LRQA Ltd.

Team
leaderSrikanth
Meesa

LRQA India

Team
member
Host
Mr.
Nguyen Tri
LRQA Ltd.
countryMs.
ThangexpertMr.
StewartInternal
LRQA China
Ms.
Niu
reviewer
Please specify the following for each item.
Mr.
Ms.

Schemecompetence*

Technical
competence*

Onsitevisit

Technical
competenceauthorised
N/A
N/A
N/A

* 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 was checked and confirmed as complete against JCM Guidelines forDeveloping PDD and MR No. JCM_VN_GL_PDD_MR_ver02.0. A valid form of the
JCM PDD Form No. JCM_VN_F_PDD_ver02.0 is used for the initial version of the
PDD submitted for public comments that started 21/11/2018. It was re-checked for therevised PDD Version 02.0 dated 11/02/2019. The version is the final version on which
the validation was completed.
CAR 3 was issued that the details of resolution are as described below.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 3
Nature of the issue raised: PDD was not completed with the table of revision history
with the information of version number, date and the contents revised.

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Nature of responses provided by the PPs: The PPs submitted the revised PDD Version
2.0 dated 11/02/2019 of which the table of revision history is completed.
Assessment of the responses: The table of revision history has been completed forthe revised version of the PDD.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the PDD was completed using the valid form of the
JCM PDD Form and in accordance with the JCM Guidelines for Developing PDD andMR.
C.2. Project description<Means of validation>
The project installs inverter type centrifugal chiller and heat recovery electric heatpump (HREHP) at the lens factory of HOYA LENS VIETNAM LTD (HOLV) in Thu Dau
Mot City, Binh Duong Province, Viet Nam.
One centrifugal chiller manufactured by Mitsubishi Heavy Industries model ETI-50 isinstalled for the project that improves energy efficiency of chiller and leads to GHG
emissions reductions.
One HREHP manufactured by Toshiba Carrier Corporation model HWC-WH6702V isinstalled for the project that leads to reduction of energy consumption by electric heaterfor heating energy generation and air-cooled chiller for cooling energy generation andleads to GHG emission reductions.
The project is implemented by HOLV from the Socialist Republic of Viet Nam and
HOYA CORPORATION from Japan. The start date of project operation is on
28/05/2018 for the centrifugal chiller and 01/12/2017 for HREHP and the expected
operational lifetime of the project is for 9 years. The PPs referred to the Statutory usefullife for the calculation of depreciation and amortization for machinery and equipment
issued by Japan’s Ministry of Finance for the basis of the expected operational lifetimeof the project chiller indicated as for 9 years (machinery and equipment for the othermanufacturing industries).
The project receives financial support for JCM model projects from the Ministry of theEnvironment, Japan.
The validation team assessed the PDD and the supporting documents, interviewed
the PPs to validate the requirements concerning accuracy and completeness of the
project description.
The details of the persons interviewed and documents reviewed are provided in the4

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Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
No issue was raised to the requirements of this section.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team assessed the project description provided in the PDD with thesupporting documents to the requirements on the accuracy and completeness. The
validation team confirmed that the proposed JCM project in the PDD is described inaccurate and complete manners that is understandable the nature of the proposed
project activity.
C.3. Application of approved methodology(ies)<Means of validation>
The project applied the approved methodology JCM_VN_AM011_ver01.0 Energy
Saving by Introduction of High Efficiency Inverter Type Centrifugal Chiller, Version 01.0
for application of the centrifugal chiller, and JCM_VN_AM012_ver01.0 Energy Saving
by Introduction of Heat Recovery Electric Heat Pump, Version 01.0 for application of
HREHP.
LRQA assessed if the selected methodology is applicable to the proposed project. The
project applicability was checked against each eligibility criterion in the selected
approved methodologies. The steps taken to validate each eligibility criterion and theconclusions about its applicability to the proposed project are summarised as below.
For VN_AM011
Criterion 1: Project chiller is an inverter type centrifugal chiller with a capacity which isless than or equals to 1,500 USRt.
*1 USRt = 12,000 BTU/hr = 3.52 kW
Justification in the PDD: An inverter type centrifugal chiller manufactured by Mitsubishi
Heavy Industries (product model type “ETI-50”), whose cooling capacity is 460 USRt,
is installed for this project.
Steps taken for assessment: The validation team reviewed the technical specification,
the commissioning report, and conducted on site assessment including interviews.
Conclusion: Based on the validation processes taken, the validation team confirmedthat the project chiller is an inverter type centrifugal chiller with a capacity of 460 USRt
that is less than 1,500 USRt, and the criterion is met.

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Criterion 2: COP for project chiller i calculated under the standardizing temperature
conditions* (COPPJ,tc,i) is more than the threshold COP values set in the tables
below. (“x” in the table represents cooling capacity per unit.)
Cooling capacity per unit

300≤x<450450≤x<550550≤x<825825≤x≤1,500

5.59

5.69

5.85

6.06

(USRt)
Threshold COP value

COPPJ,tc,i is calculated by altering the temperature conditions of COP of projectchiller i (COPPJ,i) from the project specific conditions to the standardizing conditions.
COPPJ,i is derived from specifications prepared for the quotation or factory
acceptance test data by manufacturer.
[equation to calculate COPPJ,tc,i]
COP_PJ,tc,i = COP_PJ,i × (T_cooling-out,i - T_chilled-out,i + TD_chilled + TD_cooling÷ 37 - 7 + TD_chilled + TD_cooling)
COP_PJ,tc,i: COP of project chiller i calculated under the standardizing

temperature

conditions* [-]COP_PJ,i : COP of project chiller i under the project specific conditions [-]T_cooling-out,i: Output cooling water temperature of project chiller i set under the
project specific conditions [degree Celsius]
T_chilled-out,i: Output chilled water temperature of project chiller i set under the
project specific conditions [degree Celsius]
TD_cooling: Temperature difference between condensing temperature of refrigerant
and output cooling water temperature, 1.5 degree Celsius set as a default value[degree Celsius]
TD_chilled: Temperature difference between evaporating temperature of refrigerant
and output chilled water temperature, 1.5 degree Celsius set as a default value [degree
Celsius]*The standardizing temperature conditions to calculate COPPJ,tc,i
Chilled water:
Cooling water:

output7 degrees Celsius

input

12 degrees Celsius

output37 degrees Celsius

input

32 degrees Celsius

Justification in the PDD: COP for the project chillers (ETI-50) calculated under the
standardizing temperature conditions is 6.22 with a cooling capacity of 460 USRt,
which is more than the threshold COP value set in this criterion.
Steps taken for assessment: The validation team reviewed the technical specificationof the project chiller, the commissioning report, and conducted on-site assessment
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including interviews.
Conclusion: Based on the validation processes taken, the validation team confirmedthat COP of the project chiller is determined as 6.22 based on the technicalspecification. The COP value is converted to the standardizing temperature conditions
as 6.22 following the procedures stipulated in the approved methodology using output
cooling water temperature at 37 ℃ and output chilled water temperature at 7.0 ℃ as
per the specification. Thus, the criterion is met by the proposed project.
Criterion 3: Periodical check is planned more than one (1) time annually.
Justification in the PDD: A contract of annual maintenance is signed between the
project participant and an agent who is authorized by the chiller manufacturer,
Mitsubishi Heavy Industries.
Steps taken for assessment: Document review was conducted on the specification of
the periodical maintenance, the contract for the maintenance with the company
authorised by the manufacturer, and interviewed the PPs.
Conclusion: The validation team confirmed through the resolution of CAR 1 that the
PP has contracted periodical maintenance of the project chiller on annual basis thatsatisfies the criterion.
Criterion 4: Ozone Depletion Potential (ODP) of the refrigerant used for project chiller
is zero.
Justification in the PDD: The refrigerant used for project chiller is R134a whose ODP
is zero.
Steps taken for assessment: The validation team reviewed technical specification ofproject chiller and the Safety Data Sheet of refrigerant used, and conducted the onsite assessment.
Conclusion: The project chiller uses the refrigerant R134a whose ODP is zero as
confirmed in the supporting documents. Thus, the criterion was confirmed as satisfied
by the project.
Criterion 5: A plan for prevention of releasing refrigerant used for project chiller isprepared. In the case of replacing the existing chiller with the project chiller, a plan forprevention of releasing refrigerant used in the existing chiller to the air (e.g. re-use of
the equipment) is prepared. Execution of this plan is checked at the time of verification,in order to confirm that refrigerant used for the existing one replaced by the project isprevented from being released to the air.
Justification in the PDD: An existing chiller is replaced by the project chiller for this7

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project. Measures to prevent releasing refrigerant used in the existing chiller to the air
were taken when it was replaced. The replaced chiller is stored at the project site andmonitored the storage status of refrigerant with a pressure gauge to make surerefrigerant is not released to the air. A “WORK INTRUCTION FOR MONTHLYCHECKING THE GAS PRESSURE OF AIR CHILLER NO.2” is prepared to monitor
and record the status of refrigerant in order to avoid releasing refrigerant to the air.
Steps taken for assessment: The validation team reviewed the plan inclusive of thedetailed procedures to regularly check the pressure gauges installed to the existing
chiller replaced by the project and stored at the project site.
Conclusion: The validation team confirmed through resolution of CAR 2 that the PP
has provided the plan to prevent releasing of refrigerant from the project chiller andthe existing chiller replaced by the project including the detailed procedures toregularly monitor the pressure gauges installed to the existing chiller. Therefore, thecriterion is satisfied.
For VN_AM012
Criterion 1: A project introduces (an) heat recovery electric heat pump(s) (HREHP). In
case (an) project HREHP(s) replaces existing equipment, the existing one is not (an)HREHP(s).
Justification in the PDD: HREHP manufactured by Toshiba Carrier Corporation(product model type “HWC-WH6702V”) is newly installed for this project.
Steps taken for assessment: The validation team reviewed the technical specification,
the commissioning report, and conducted on site assessment including interviews.
Conclusion: Based on the validation processes taken, the validation team confirmedthat the project introduces a new HREHP at the lens factory. The project HREHP
displaces a part of cooling energy and heating energy that have been supplied by theexisting air-cooled chillers and electric heater respectively. Therefore, the criterion is
met.
Criterion 2: Periodical check is planned more than one (1) time annually.
Justification in the PDD: A contract of annual maintenance is signed between the
project participant and an agent who is authorized by the HREHP manufacturer,
Toshiba Carrier Corporation.
Steps taken for assessment: Document review was conducted on the specification of
the periodical maintenance, the contract for the maintenance with the company
authorised by the manufacturer, and interviewed the PPs.
Conclusion: The validation team confirmed through the resolution of CAR 1 that the8

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PP has contracted periodical maintenance of the project HREHP on annual basis thatsatisfies the criterion.
Criterion 3: Ozone Depletion Potential (ODP) of the refrigerant used for project
HREHP(s) is zero.
Justification in the PDD: The refrigerant used for project HREHP is R134a whose ODP
is zero.
Steps taken for assessment: The validation team reviewed technical specification ofproject HREHP and the Safety Data Sheet of refrigerant used, and conducted the onsite assessment.
Conclusion: The project HREHP uses the refrigerant R134a whose ODP is zero as
confirmed in the supporting documents. Thus, the criterion was confirmed as satisfied
by the project.
Criterion 4: A plan for prevention of releasing refrigerant used for project HREHP(s) is
prepared. In the case of replacing the existing chiller with the project HREHP(s), a planfor prevention of releasing refrigerant used in the existing chiller to the air (e.g. re-useof the equipment) is prepared. Execution of this plan is checked at the time ofverification, in order to confirm that refrigerant used for the existing one replaced by
the project is prevented from being released to the air.
Justification in the PDD: Airtightness of the project HREHP is quite high, and all piping
and valves are closed, therefore releasing refrigerant to the air is not expected. Thereis no existing chiller replaced with the project implementation.
Steps taken for assessment: The validation team reviewed the plan and supporting
documents provided by the PPs.
Conclusion: The validation team assessed the supporting documents received fromthe PPs and confirmed the plan is prepared not to release refrigerant. Therefore, thecriterion is satisfied.
CAR 1 and CAR 2 were issued that the details of resolution are as described below.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 1
Nature of the issue raised: Plan of periodical check as evidence of how the PPs satisfy
eligibility criteria (Criterion 3 of AM_VN011 and Criterion 2 of AM_VN012) was not9JCM_VN_F_Val_Rep_ver01.0

provided.
Nature of responses provided by the PPs: The PPs confirmed that the contracts forannual maintenance were signed with the authorised agents of the manufacturers
each for the centrifugal chiller and the HREHP and provided the copy of the signed
contracts with supporting correspondences as the evidence for review by thevalidation team.
Assessment of the responses: The validation team reviewed the copy of signed
contracts for annual maintenance of the project chiller and HREHP and confirmed therequirements of the eligibility criteria are satisfied.
The CAR was closed.
Grade / Ref: CAR 2
Nature of the issue raised: Plan for prevention of releasing refrigerant as evidence of
how the PPs satisfy eligibility criteria (Criterion 5 of AM_VN011 and Criterion 4 of
AM_VN012) was not prepared.
Nature of responses provided by the PPs: The PPs provided the plan with supporting
documents including the detailed procedures for regular checking of the pressuregauges as the preventive measures on release of refrigerant from the existing chiller
replaced by the project.
Assessment of the responses: The validation team reviewed the PPs’ plan forprevention of releasing refrigerant that include the detailed procedures for regularchecking of the pressure gauges for the exiting chiller replaced by the project and kept
at the project site.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the project applied the valid version of the approved
methodology and the applicability was demonstrated to the eligibility criteria as
appropriate.
C.4. Emission sources and calculation of emission reductions<Means of validation>
The project provides the cooling and heating services by application of inverter type
centrifugal chiller and HREHP. The sources of GHG emissions are power consumption
by reference chiller and the project chiller for application of the centrifugal chiller, andpower consumption by reference electric heater and air-cooled chiller and project
HREHP for application of HREHP. CO2 emissions in the reference and project10

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scenarios are considered to determine the reference emissions (REs) and the projectemissions (PEs).
The annual electricity consumption of project chiller is estimated at 1,216 MWh. The
project chiller is expected to consume grid electricity only and the CO2 emission factor
is determined as 0.9185 t-CO2/MWh referring to the latest CO2 emission factor ofelectricity published by MONRE. There is emergency diesel generators on site thatare not used for production activities. The COP of the reference chiller is determined
as 5.69 applying the default value of the methodology. The COP of the project chiller
is 6.22 based on the technical specification that is calculated for the standardizing
temperature conditions. The GHG emission reductions during the period p arecalculated as: ERp = REp - PEp = EC_PJ,i,p x (COP_PJ,tc,i / COP_RE,i) x EFelec –EC_PJ,i,p x EFelec. The annual GHG emission reductions are calculated using theestimated annual electricity consumption of project chiller as: 1,216 MWh x (6.22 /5.69) x 0.9185 – 1,216 MWh x 0.9185 = 1,220.9 – 1,116.9 = 104.0 t-CO2e. In the firstyear of operation, the project chiller is operated from 28/05/2018 and the ERs in thefirst year is estimated as 1,216 MWh x 7 / 12 months x (6.22 / 5.69) x 0.9185 – 1,216
MWh x 7 / 12 months x 0.9185 = 712.1 – 651.5 = 60.6 t-CO2e.
The annual electricity consumption of project HREHP is estimated at 384 MWh. The
project HREHP is expected to consume grid electricity and the CO2 emission factor isdetermined as 0.9185 t-CO2/MWh referring to the latest CO2 emission factor ofelectricity published by MONRE. There is emergency diesel generators on site thatare not used for production activities. CO2 emission factor for the reference equipment
for heating energy generation is calculated from the CO2 emission factor for electricity
following the applied methodology as EF_REh = EF_elec/3.6 = 0.9185 / 3.6 = 0.255
tCO2/GJ. The COP of the reference air cooled chiller is determined as 3.08 applying
the default value of the methodology. The rated electricity consumption (ECR,i), rated
heating capacity (H_PJ,i), and rated cooling capacity (CH_PJ,i) of the project HREHP
are 53.1 kW, 180 kW and 126.9 kW respectively based on the specifications of project
HREHP system. Efficiency of reference equipment for heating energy generation(η_REh) is determined as 1 applying the conservative default value of themethodology. The GHG emission reductions during the period p are calculated as:
ERp = REp - PEp = (EC_PJ,i,p x 3.6) / ECRi x H_PJ,i / η_REh x EF_REh) + (EC_PJ,i,p/ ECRi x CH_PJ,i / COP_RE,cool,i x EF_elec) - EC_PJ,i,p x EF_elec. The annual GHG
emission reductions are calculated using the estimated annual electricity consumptionof project HREHP as: 384 x 3.6 / 53.1 x 180 / 1 x 0.255139 + 384 / 53.1 x 126.9/

3.08 x 0.9185 - 384 x 0.9185 = 1,195.609 + 273.670 – 352.704 = 1,469.3 – 352.7 =
1,116.6 t-CO2e. In the first year of operation, the project HREHP is operated from11

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01/12/2017 and the ERs in the first year is estimated as 384 x 1 / 12 x 3.6 / 53.1 x 180/ 1 x 0.255139 + 384 x 1 / 12 / 53.1 x 126.9 / 3.08 x 0.9185 - 384 x 1 / 12 x 0.9185 =99.63 + 22.81 – 29.39 = 122.4 – 29.3 = 93.1 t-CO2e.
The validation team assessed the documented evidence and by means of on site visit
confirmed that all the relevant GHG emission sources covered in the applied
methodology are addressed, and the steps taken and the equations applied to
calculate PEs and REs for the proposed project comply with the requirements of theapproved methodology.
CAR 4 was issued that the details of resolution are as described below.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 4
Nature of the issue raised: The CO2 emission factor for heating energy generation
was not calculated using the updated CO2 emission factor for consumed electricity inaccordance with the applied methodology.
The ex-ante estimation of the emission reductions needed to be explained therelevance including the assumptions used.
Nature of responses provided by the PPs: The PPs corrected the value of CO2
emission factor for heating energy generation for calculation of ERs for HREHP using
the latest electricity emission factor.
The PPs also provided the detailed ex-ante estimation of the ERs with information ofsources referenced for the calculation.
Assessment of the responses: The validation team reviewed the revised MPS and thedetails of ex-ante estimation of the ERs and confirmed appropriateness.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that:- The methodology was applied correctly to calculate REs and PEs and no othersignificant emission source was identified that would be affected and reasonably
attributed by implementation of the proposed project but not addressed by the applied
methodology;- The choice of whether an emission source or gas is to be included where the applied
methodology allows was reasonably justified by the PPs;
- The Monitoring Plan Sheet (MPS) was not altered and the fields were filled in as
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required so that all estimates of the REs could be replicated using the data andparameter values provided in the PDD;- The values for the project specific parameters fixed ex ante listed in the MPS wereappropriate with all the data sources and assumptions and the calculations werecorrect to the proposed JCM project;- All assumptions and data used by the PPs were listed in the PDD, including theirreferences and sources; and- All values used in the PDD were considered reasonable in the context of the
proposed JCM project.
C.5. Environmental impact assessment<Means of validation>
The proposed project is to adopt inverter type centrifugal chiller and HREHP in anexisting lens factory and the PDD stated that an environmental impact assessment is
not required by laws of the host country. The validation team assessed the applicablelegal requirements in the host country using its local sources/expertise and confirmedthat an environmental impact assessment is not required to be conducted for
implementation of the project.
The details of the persons interviewed and documents reviewed are provided in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
No issue was raised to the requirements of this section.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed by assessing the relevant documents and using the
local sources/expertise that the project does not need an environmental impacts
assessment to be conducted to meet the legal requirement of the host country and the
PDD satisfies the requirements of the JCM.
C.6. Local stakeholder consultation<Means of validation>
The PPs identified the factory staff as the local stakeholders and collected commentson the proposed project through a meeting. No negative issue was raised through theprocesses that require actions to be taken by the PPs.
The details of the persons interviewed and documents reviewed are provided in the
Section E of this report.
13

JCM_VN_F_Val_Rep_ver01.0<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
No issue was raised to the requirements of this section.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the PPs have invited comments to the proposed
project from the relevant local stakeholders, the summary of the comments received
is provided in the PDD in a complete manner and the PPs have taken due account of
all the comments received from the local stakeholders as the processes described in
the PDD.
C.7. Monitoring<Means of validation>
The Monitoring Plan (MP) consisting of the MPS and Monitoring Structure Sheet(MSS) was based on the approved methodologies. The monitoring points are power
consumption of project chiller for application of the centrifugal chiller and power
consumption of project HREHP for application of HREHP respectively.
The power consumption of the project chiller and the project HREHP is directly andcontinuously measured by electricity meters. The measured data is recorded andstored in the measuring equipment. The recorded data is to be checked on a monthly
basis by the responsible staff. Type approval and manufacturer’s specification havebeen prepared and regular calibration is not required according to the applied
methodologies.
The project chiller and HREHP use grid electricity only. The CO2 emission factor issourced from the latest publication by MONRE. The diesel based emergency
generators are only used for safety and not for production.
The roles and responsibilities of the persons are described in the MSS in accordancewith the requirements of the applied methodologies. The monitored data is compiled
and checked by facility staff, facility manager and technical expert of HOLV and the
MR is approved by Environmental/Occupational Safety and Health Department Group
Leader of HOYA CORPORATION.
The validation team confirmed that the MP complied with the requirements in theapproved methodology and that the PPs will be able to apply the MP following themonitoring arrangements described in it. CAR 5 and CL 1 were issued that the detailsof resolution are as described below.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
14

JCM_VN_F_Val_Rep_ver01.0<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 5
Nature of the issue raised: The Monitoring Plan was not completed with the specificinformation of the project including the QA/QC procedures and the details of themeasuring equipment on accuracy level and calibration information (frequency, dateof calibration and validity).
Nature of responses provided by the PPs: The PPs submitted the revised MP for
review by the validation team.
Assessment of the responses: The validation team reviewed the revised MP andconfirmed that the specific information of the measurement methods and proceduresis provided for the project that demonstrated fulfilment of the requirements of theapplied methodology.
The CAR was closed.
Grade / Ref: CL 1
Nature of the issue raised: The PPs needed to clarify how the PPs ensure that data
monitored and required for verification and issuance be kept and archived
electronically for two years after the final issuance of credits.
Nature of responses provided by the PPs: The PPs confirmed implementation of therequirements in the revised PDD.
Assessment of the responses: The validation team confirmed that the statement is
added in the revised PDD for keeping of required data.
The CL was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the MP was described in compliance with therequirements of the approved methodology and the Guidelines for developing PDD
and MR, and the PPs have demonstrated feasibility of the monitoring structure andtheir ability to implement the MP.
C.8. Modalities of Communication<Means of validation>
The MoC was submitted to LRQA in the form JCM_VN_F_MoC_ver02.0 that
nominates HOYA CORPORATION as the focal point and was signed by the authorized
representatives of all the PPs with the contact details. The form used is the latest one
as of the time of validation.
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The validation team assessed the personal identities including specimen signaturesand employment status of the authorized signatories through directly checking theevidence for corporate and personal identity of the PPs and their authorised
signatories. The validation team also confirmed through reviewing the corporate
information of the PPs and by meeting the persons representing the PPs that the
information provided in the MoC is correct.
CAR 6 was issued that the details of resolution are as described below.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 6
Nature of the issue raised: The MoC was not completed with the date of submission.
The title of primary signatory of the HOLV was not updated.
Nature of responses provided by the PPs: The PPs submitted the MoC after
corrections.
Assessment of the responses: Revised MoC dated 11/01/2019 was submitted as
relevant.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the MoC was completed using the latest form after
assessment conducted on relevance of the MoC in compliance with the requirementsof the JCM Guidelines.
C.9. Avoidance of double registration<Means of validation>
The validation team assessed and confirmed relevance of the written confirmation in
the MoC from the PPs that the proposed JCM project was not registered under theother international climate mitigation mechanisms.
The team in addition to the interviews with the PPs checked publicly accessible
information of Clean Development Mechanism (CDM), Joint Implementation (JI),
Verified Carbon Standard (VCS) and Gold Standard (GS) and found no identicalproject as the proposed JCM project in terms of the name of entities, applied
technology, scale and the location. The result of researches confirmed that the
proposed project was not registered under the other international climate mitigation
mechanisms than JCM and it will not result in a double counting of GHG emission
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JCM_VN_F_Val_Rep_ver01.0

reductions.
The details of the persons interviewed and the documents reviewed are shown in the
Section E of this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
No issue was raised to the requirement of the section.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the proposed JCM project was not registered under
the other international climate mitigation mechanisms.
C.10. Start of operation<Means of validation>
The start date for the operation of the proposed JCM project is indicated as 28/05/2018
for the centrifugal chiller and 01/12/2017 for HREHP in the PDD. The commissioning
tests of the project chiller and HREHP were completed on 28/05/2018 and 01/12/2017
respectively. Therefore the validation team confirmed that the date is not before
01/01/2013 as required to be eligible as a JCM project.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
No issue was raised to the requirements of this section.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The validation team confirmed that the start dates of operation of the proposed JCM
project are 28/05/2018 for the centrifugal chiller and 01/12/2017 for HREHP and not
before 01/01/2013 as required to be eligible as a JCM project.
C.11. Other issues<Means of validation>
No issue was identified as relevant element not covered above.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Not applicable<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
Not applicable17

JCM_VN_F_Val_Rep_ver01.0

D. Information on public inputs
D.1. Summary of public inputs
In line with the JCM Project Cycle Procedure, the PDD is to be made publicly available
for 30 days to invite public comments. The PDD was made publicly available in linewith the requirements of the procedure for the period of 21/11/2018 to 20/12/2018 as
per https://www.jcm.go.jp/vn-jp/projects/54.

D.2. Summary of how inputs received have been taken into account by the project participants
No comment was received during the above period to receive public inputs.
Thus no action was required to be taken by the PPs to satisfy the JCM requirement.

E. List of interviewees and documents received
E.1. List of interviewees
HOYA LENS VIETNAM LTD
Jisai Masahiko, Chairman
Huynh Kinh Quoc, General Manager, HR & AD
Hisashi Higuchi, General Manager, Technical Dept.
Hatsuyoshi Nakazawa, Manager, Production 2 Group
Nguyen Thanh Tu, Facility Section Manager
HOYA CORPORATION
Hikaru Isobe, Senior Staff, Environment/Occupational Safety and Health Group,
Environment/Occupational Safety and Health Department, QESH Management
Systems Global Headquaters
Mitsubishi UFJ Research and Consulting Co., Ltd.
Kei Sato, Consultant, Consulting Business Division, Optimum Solution Business Unit,
Social Innovation Co-Creation Dept., Environment and Energy Business Consulting
Group

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JCM_VN_F_Val_Rep_ver01.0

E.2. List of documents received
Category A documents (documents prepared by the PP)- PDD Version 1.0 dated 18/11/2018 with the Monitoring Spreadsheet- Revised PDD Version 2.0 dated 11/02/2019 with the Monitoring Spreadsheet- MoC- Revised MoC dated 11/01/2019- Company overview of HOYA LENS VIETNAM LTD- Specifications of chiller units- Specification for heat recovery heat pump
- As-built drawing- Chilled water schematic diagram- Plant lay out- Project implementation plan
- Project schedule- Commissioning report for centrifugal chiller- Inspection report for heat pump units- Warranty certificates- Operator’s manual for the chillers- Records of training- Annexes 1 and 2 to the Act of Japan’s Ministry of Finance concerning Statutory usefullife for the calculation of depreciation and amortization- Safety Data Sheet for R-134a- Refrigerator test records- Report for introduction of high efficiency inverter turbo refrigerator- Specification of measuring equipment- Ministry of Science and Technology Circular No. 23/2013/TT-BKHCN on Group 2
Measuring Instruments- Inspection report for measuring equipment- Details of calculation of the estimated emission reductions- Electricity emission factor for Vietnamese Grid published by the Ministry of Natural
Resource and Environment- Electricity grid emission factor of Vietnam, IGES
- Decree No. 18/2015/ND-CP on Environmental protection planning, strategic
environmental assessment, environmental impact assessment and environmental
protection plans- Records of Local Stakeholder Consultation meeting19

JCM_VN_F_Val_Rep_ver01.0- Electricity line diagram
Category B documents (other documents referenced)
JCM_VN_AM011_ver01.0 Energy Saving by Introduction of High Efficiency Inverter
Type Centrifugal Chiller, Version 01.0, and
JCM_VN_AM012_ver01.0 Energy Saving by Introduction of Heat Recovery Electric
Heat Pump, Version 01.0
- Additional Information for- Safety Data Sheet- IPCC Forth Assessment Report- JCM Project Cycle Procedure JCM_VN_PCP_ver04.0- JCM Guidelines for Validation and Verification JCM_VN_GL_VV_ver01.0- JCM Guidelines for Developing PDD and MR JCM_VN_GL_PDD_MR_ver02.0- JCM Glossary of Terms JCM_VN_Glossary_ver01.0- JCM PDD Form JCM_VN_F_PDD_ver02.0- JCM MoC Statement Form JCM_VN_F_MoC_ver02.0- JCM Validation Report Form JCM_VN_F_Val_Rep_ver01.0- Approved Methodology AM0060 Power saving through replacement by energy
efficient chillers- Approved Methodology AM0070 Manufacturing of energy efficient domestic
refrigerators- Approved Methodology AM0071 Manufacturing and servicing of domestic and/or
small commercial refrigeration appliances using a low GWP refrigerant- Approved Small Scale Methodology AMS II.C. Demand-side energy efficiency
activities for specific technologies- AM_REV_0148 Response to request for modification of procedure for accounting ofleakage of emissions from physical leakage of the initial charge of refrigerant in the
new chiller- SSC_510 Clarification on the applicability of AMS-II.C to a project activity replacing
multiple low efficiency equipment with a single high efficient equipment- SSC_539 Clarification on identification of baseline scenario and demonstration of
additionality for chiller programme under AMS-II.C- SSC_540 Clarification on calculation of baseline emissions for chiller programme
under AMS-II.C- SSC_580 Clarification on the requirement of AMS-II.C for project activity replacing
inefficient refrigerators- Chiller Energy Efficiency Project, Philippines, the World Bank20

JCM_VN_F_Val_Rep_ver01.0- The Chiller Energy Efficiency Project, Republic of India, the World Bank
- CDM-SSC-PoA-DD/CDM-SSC-CPA-DD Demand Side Management (DSM) for
accelerating the diffusion of energy efficient chiller technology- CDM-PoA-DD/CDM-CPA-DD Philippines – Chiller Energy Efficiency Programme(PCEEP)- CDM-SSC-PoA-DD/CDM-SSC-CPA-DD Climate Action Response Enterprise(CARE) for Energy Efficiency in Chiller Plants- Proposed and registered projects under CDM, VCS, Gold Standard, and the otherinternational schemes- IEC 62053-22:2003, Electricity metering equipment (ac) - Particular requirements.
Part 22: Static meters for active energy (classes 0,2 S and 0,5 S)- List of Grid Emission Factors, Institute for Global Environmental Strategies (IGES)21

JCM_VN_F_Val_Rep_ver01.0

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.
Certificate of Appointment is attached to this report.

22

Joint Crediting Mechanism Certificate of Appointment
Title of Project: Validation for Installation of Energy Saving Equipment inLens Factory (VN011)

We hereby certify that the following personnel have engaged in the validation process thathas fully satisfied the competence requirements of the validation of the JCM project.

Name of Person

Assigned Roles

Michiaki Chiba
Srikanth Meesa
Nguyen Tri Thang
Stewart Niu

Team Leader
Team Member
Host Country Expert
Technical Reviewer

Signed byMichiaki Chiba
Climate Change Manager – Asia & Pacific03/12/2018

Lloyd's Register Group Limited, its affiliates and subsidiaries, including Lloyd’s Register Quality Assurance Limited (LRQA), and their respective
officers, employees or agents are, individually and collectively, referred to in this Legal Section as 'Lloyd’s Register'. Lloyd’s Register assumes noresponsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on the information or advice in thisdocument or howsoever provided, unless that person has signed a contract with the relevant Lloyd’s Register entity for the provision of thisinformation or advice and in that case any responsibility or liability is exclusively on the terms and conditions set out in that contract.

MSBSF43618

Revision 0, 20 November 2014