JCM_TH_F_Vrf Rep_ver02.O

JCM Verification Report Form
A. Summary of verification
A. 1. General Information

Introduction of 3.4MW Rooftop Solar Power

Title of the project

System to Air-conditioning Parts Factories

Reference number

TH005

Monitoring period

From 01/12/20171o31/12/2018

Date of completion of the monitoring report

18/06/2019

Third-party entity (TPE)

Lloyd's Register Quality Assurance Limited(LRQA)

Project participant contracting the TPE

Sharp Enerry Solutions Corporation

Date of completion of this report

24/07/2019

A.2 Conclusion of verification and level of assurance
Overall verifi cation opinion[l Positive
I Negative

ffi Unqualified opinion

Based on the process and procedure conducted, Lloyd's
Register Quality Assurance Limited (LRQA) (TPE's name)provides reasonable assurance that the emission
reductions for Introdrction of 3.4MW Roofiop Solar
Power System to Air-conditioning Parts Factories (projectname),/ Are free of material effors and are a fair
representation of the GHG data and information, and,/Are prepared in line with the related JCM rules,
procedure, guidelines, forms and other relevant
documents(If overall verification opinion isnegative, please check below andstate its reasons.)

I
I
I<State the reasons>Not applicable

Qualified Opinion
Adverse opinion

Disclaimer

A.3. Overview of the verification results

JCM_TH_F_VrlRep_v er 02.0

Item

No CAR orCL

Verification requirements

remalningThe

project The TPE determines the conformrty of the actual
implementation with project and its operation with the eligibility criteria ofthe eligibility criteria the applied methodology.

of

the

図

appliedmethodolosv

The

project The TPE rmsesses the status of the actual project andimplementation
its operation with the registered/validated PDD or any
against the registered approved revised PDD.
PDD or any approved
revised PDD

Calibration frequency図If monitoring Option C is selected, the TPE

and correction of determines whether the measuring equipments havemeasured values with been properly calibrated in line with the monitoring
related requirements
plan and whether measured values are properly
corrected, where necessary, to calculate emission

図reductions in line with the PDD and Monitoring
Guidelines.

Data and calculation The TPE assesses the data and calculations of GHG
of GHG emission emission reductions achieved by/resulting from the
project by the application of the selected approved
reductions
methodology.
Avoidance of double The TPE determines whether the project is notregistration
registered under other international climate mitigation

Post
changes

図

図mechanisms.

registration The TPE determines whether there are post
registration changes from the registered PDD andlor
methodology which prevent the use of the applied
methodology.

図

Ms.□

Authorised signatory:

晰 .図Last name: Chiba

First nalne:Michiaki

Title: Climate Change Manager - Asia & PacificDate:24/07/2019

Specimen signature:2

JCM_TH_F_Vrf_Rep_ver02.0

B. Verification team and other experts

Name

Company

Function*

Mr.
Ms.

Michiaki
Chiba

LRQA Ltd.

Team
leaderMr.
Ms.

KamigaSukkeaw

LRQA
ThailandMr.
Stewart Niu LRQA China
Ms.
Mr.
Ms.
Please specify the following for each item.

Schemecompetence*

Hostcountry
expertInternal
reviewerTechnical
competence*

Onsitevisit

Technical
competenceauthorised
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 verification, findings and conclusions based on reporting requirements
C.1. Compliance of the project implementation and operation with the eligibility criteria of theapplied methodology<Means of verification>
LRQA has determined during the verification process that the actual implementation andoperation of the project has been conducted in conformance with the eligibility criteria of theapplied methodology.
The project applied the approved methodology: JCM_TH_AM001_ver01.0 "Introduction ofSolar PV System, Ver 01.0".
LRQA assessed by means of an on-site visit that the physical features of the project are in place
and that the PPs have operated the project as per the eligibility criteria of the applied
methodology. The steps taken to verify each eligibility criterion and the conclusions about
implementation of the project are summarised as below.
Criterion 1: The project installs solar PV system(s).
Justification in the PDD: The solar PV systems are installed on to the rooftops of factories inRayong Province.

3

JCM_TH_F_Vrf_Rep_ver02.0

Steps taken for assessment: The verification team assessed the project documentation, technicalspecification, the test and commissioning reports, and conducted physical on site assessment.
Conclusion: The verification team confirmed that the project installed rooftop solar PV systems
at the factories of subsidiary companies of SNC Former Public Co., Ltd. (SNC) and thecriterion is met.
Criterion 2: The solar PV system is connected to the internal power grid of the project site
and/or to the grid for displacing grid electricity and/or captive electricity at the project site.
Justification in the PDD: The solar PV systems are connected to the internal power grids of the
project sites (each of factories) for displacing grid electricity at the project sites.
Steps taken for assessment: The verification team assessed the electricity diagram andconducted physical on site assessment.
Conclusion: The verification team confirmed that the project solar PV systems are connectedto the internal electricity supply systems of the factories of subsidiary companies of SNC. The
electricity supply systems are connected to the public power grid system and no captive
electricity is used in the project sites. The project was confirmed to displace consumption ofgrid electricity. The systems to prevent reverse power flow from the project solar PV systems
to the public power grid systems have been installed and the electricity generated by the projectsolar PV systems is only consumed at the project sites. The criterion is met by the project.
Criterion 3: The PV modules have obtained a certification of design qualifications (IEC 61215,
IEC 61646 or IEC 62108) and safety qualification (IEC 61730-1 and IEC 61730-2).
Justification in the PDD: The PV modules installed in the project have been certified for IEC
61215, IEC 61730-1 and IEC 61730-2.
Steps taken for assessment: The verification team reviewed the technical specification,
certificates of design qualifications and safety qualification, the test and commissioning
reports, and conducted physical on site assessment.
Conclusion: The verification team confirmed that the PV modules of the project solar PV
system have obtained the certificates in compliance with the international standards IEC61215,
IEC61730-1 and IEC61730-2 as appropriate. The criterion was therefore fulfilled.
Criterion 4: The equipment to monitor output power of the solar PV system and irradiance isinstalled at the project site.
Justification in the PDD: Electricity meters and pyranometers have been installed at the projectsites to monitor output power and irradiance respectively.
Steps taken for assessment: The verification team assessed the technical specification, the test
and commissioning reports, and conducted physical on site assessment.
4

JCM_TH_F_Vrf_Rep_ver02.0

Conclusion: The verification team confirmed that the monitoring equipment has been installed
for output power of the solar PV systems as well as irradiance at the project sites. Thus thecriterion was confirmed as satisfied by the project.
The verification team confirmed that the eligibility conditions are satisfied by the project byreviewing the supporting documents and the on site assessment.
The details of the persons interviewed and the documents reviewed are shown in the Section Fof 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 verification team confirmed that the project has been implemented in conformity with theeligibility criteria of the applied methodology.
C.2. Assessment of the project implementation against the registered PDD or any approved
revised PDD<Means of verification>
The project installed rooftop solar power systems with the total generating capacity of 3.4 MW
at air-conditioning parts factories in Rayong Province, Thailand.
The project is implemented by SNC of Thailand and Sharp Energy Solutions Corporation ofJapan (the PPs) utilizing the crystalline silicon photovoltaic (PV) modules of Sharp
Corporation of Japan (Models ND-AH315 and ND-RA260). Sharp's PV modules are wellknown for high durability, adhering to the company standard which is more stringent thanJapan Industrial Standard or International Electrotechnical Commission Standards.
The solar power systems are implemented to 6 factories owned by subsidiary companies of
SNC, SNC Pyongsan Evolution Company Limited (SPEC), Infinity Parts Co., Ltd., (IPC),
Ultimate Parts Company Limited (UMP) and SNC Creativity Anthology Company Limited(SCAN).
All the electricity produced by the project is supplied to 6 factories displacing electricity
generation by fossil-fuel based power plants, contributing to greenhouse gas (GHG) emissions
reduction in Thailand.
The start date of project operation is on 01/12/2017 and the expected operational lifetime ofthe project is for 10 years.
The project receives financial support for JCM model projects from the Ministry of theEnvironment, Japan (MOEJ).
5

JCM_TH_F_Vrf_Rep_ver02.0

The verification team assessed the Monitoring Report (MR) that consists of Monitoring Report
Sheet (MRS) parts of the Monitoring Spreadsheet and the supporting documents, conducted aphysical site visit to assess the status of the actual project and its operation in accordance withthe registered PDD. No revision to the registered PDD was requested.
The verification team determined through the verification process that the implementation andoperation of the project has been in accordance with the description contained in the registered
PDD. The verification team, by means of a desk review and an on-site visit, assessed that:- all physical features of the JCM project described in the registered PDD are in place, and- the PPs have operated the JCM project as per the registered PDD.
The MR follows the Monitoring Plan (MP) of the registered PDD that has been establishedbased on the approved methodology. The parameter to be monitored ex-post is EGi,p the total
quantity of the electricity generated by the project solar PV system i during the period p (inMWh/p). Total eight electricity meters are installed to directly and continuously measureelectricity supply from six factory buildings, i.e. SPEC1, SPEC2, SPEC3, SPEC4, SCAN2 and
SCAN3 (two electricity meters are installed to the buildings of SPEC2 and SCAN3).
The roles and responsibilities of the persons are described in the Monitoring Structure Sheet(MSS) in accordance with the requirements of the applied methodology. There was no change
in the organizational structure during the monitoring period.
Through the processes taken, CAR 2 and CAR 3 were raised as the resolution detailed below.
The details of the persons interviewed and the documents reviewed are shown in the Section Fof this report.
<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 2
Nature of the issue raised: The PPs were required to provide revised monitoring proceduresthat address:
1) The assigned personnel to the roles indicated in the MSS of the registered MP,
2) Details of the monitoring activities to collect, process and report the data,
3) Cross checking procedures of data collected from the different sources,
4) Staff training, and
5) Keeping data/records
Nature of responses provided by the PPs: The PPs provided the revised monitoring procedures
for review by the verification team.
Assessment of the responses: The verification team reviewed the revised monitoringprocedures with supporting records of the implementation and confirmed the relevant elements
have been addressed incorporating improvements identified over the first monitoring period.
6

JCM_TH_F_Vrf_Rep_ver02.0

The CAR was closed.
Grade / Ref: CAR 3
Nature of the issue raised: Identification of the cluster controllers and electricity meters was
not indicated in a consistent manner on site for the Meter 02-1 and Meter 02-2 installed to
SPEC2 factory.
Nature of responses provided by the PPs: The PPs corrected the on site indication of electricity
meters and provided records for review by the verification team.
Assessment of the responses: The verification team reviewed the records of correction
implemented by the PPs to the on site indication of the electricity meters and confirmed thoseare consistent with the respective PV generation sources and the cluster controllers.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The verification team confirmed that the project was implemented and operated in accordancewith the registered PDD and no revision to the same was requested for the monitoring period.
C.3. Compliance of calibration frequency and correction of measured values with related
requirements<Means of verification>
The parameter No. (1) EGi,p applies the monitoring Option C and the monitoring of theparameter uses inverters (main) and electricity meters (secondary) as the measuring equipment.
The electricity meters are calibrated according to IEC 62053-22 (class 0.2s) every 5 years inaccordance with the registered MP. The meters were calibrated in November to December 2016
and those remain valid during the monitoring period. No correction was required to themeasured values to calculate emission reductions in line with the PDD and Monitoring
Guidelines during the monitoring period.
The verification team confirmed that the procedures for cross checking data from the main
inverter sources and that from the electricity meters have been clarified in the revised
monitoring procedures as mentioned in the resolution of CAR 2 in the above Section C.2.
The details of the persons interviewed and the documents reviewed are shown in the Section Fof 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.
7

JCM_TH_F_Vrf_Rep_ver02.0

The verification team confirmed that the measuring equipment applied for the parametersatisfied the requirements of the MP concerning the regular calibration and no correction was
required to the measured values during the monitoring period.
C.4. Assessment of data and calculation of GHG emission reductions<Means of verification>
The MR is developed using the MRS applied to the registered JCM project that is confirmed
fulfilment of the requirements of the MRS of the applied methodology.
LRQA has determined that:
1. a complete set of data for the specified monitoring period is available,
2. information provided in the MR has been cross-checked with other sources such as plant log
books, inventories, purchase records, laboratory analysis,
3. calculations of reference emissions (REs) and project emissions (PEs), as appropriate, havebeen carried out in accordance with the formulae and methods described in the MP and theapplied methodology,
4. any assumptions used in emission calculations have been justified, and5. appropriate emission factors, default values and other reference values have been correctly
applied.
The project supplies electricity generated by solar PV systems installed on the rooftops of thefactory buildings for the self-consumption and displaces electricity purchased from the public
power grid system. The source of GHG emissions is consumption of grid electricity and CO2
emissions in the reference scenario are considered to determine the reference emissions (REs),
while the project emissions (PEs) is assumed to be zero for the solar PV system in accordancewith the applied methodology.
The REs are determined as a product of total electricity generation (sum of measured data forsix factory buildings) and the default reference CO2 emission factor of the applied
methodology at 0.319 t-CO2/MWh.
The GHG emission reductions during the monitoring period (each for year 2017 and 2018) arecalculated as: ERp = REp - PEp = REs = ∑_i EG_i,p x EF_RE
From 01/12/2017 to 31/12/2017
85.72 x 0.319 tCO2/MWh = 27.3 tCO2e.
From 01/01/2018 to 31/12/2018
2,138.61 x 0.319 tCO2/MWh = 682.2 tCO2e.
The verification team assessed the reported data with documented evidence and by means ofon site visit.
Achieved electricity generation in first monitoring period of 13 months (396 days) is 2,224.33
MWh in total, that is 2,050.20 MWh (2,224.33 MWh x 365/396) in a year and 55.4 % of ex8

JCM_TH_F_Vrf_Rep_ver02.0

ante estimate in PDD of 3,698.10 MWh. The project site is applied functions to prevent reverse
electricity flow to the connected public power grid systems that have interrupted utilising
capacity of the project solar PV systems as designed. Under the current conditions, electricity
generation of project solar PV systems is stopped when electricity consumption of specified
building areas is low or less than electricity supply from the solar PV systems, and the power
demand is met by import of grid electricity. Electricity consumption of each factory includedin the project fluctuates depending on the production level of product components being
manufactured by seasons and years. The PPs expect increase of electricity consumption in the
future years along with the planned expansion and optimising of the production facilities.
Through the processes taken, CAR 1 was raised as the resolution detailed below.
The details of the persons interviewed and the documents reviewed are shown in the Section Fof this report.

Parameters
EGi,pMonitored

Method to check values in the monitoring report withvaluessources85.72 MWh/p

Assessment was conducted based on records of monitored(2017)

data and on site assessment.

EGi,p2,138.61

Assessment was conducted based on records of monitored(2018)

MWh/pdata and on site assessment.

<Findings>
Please state if CARs, CLs, or FARs are raised, and how they are resolved.
Grade / Ref: CAR 1
Nature of the issue raised: The monitored data for the parameter EGi,p was not substantiatedwith the evidence. The PPs were required to provide relevant evidence that clearly presents themonitored data and the calculation processes for each factory over the monitoring period.
Nature of responses provided by the PPs: The PPs provided supporting evidence for themonitored data and revised MRS to apply conservative calculation where sufficient evidence
was not available.
Assessment of the responses: The verification team reviewed the supporting evidence andrevised MRS, and confirmed that the data reported in the revised MR is supported by evidence
and conservative calculation has been applied in comparison with the back-up data. The
revision resulted in decrease of total ERs during the monitoring period by 1 tCO2e.
The CAR was closed.
<Conclusion based on reporting requirements>
9JCM_TH_F_Vrf_Rep_ver02.0

Please state conclusion based on reporting requirements.
The verification team confirmed that appropriate methods and formulae for calculating REs
and PEs have been followed. The verification team is of the opinion that all assumptions,emissions factors and default values that were applied in calculations have been justified.
C.5. Assessment of avoidance of double registration<Means of verification>
The verification team assessed and confirmed relevance of the written confirmation from thePPs that the project is not registered under the other international climate mitigation
mechanisms.
The team, in addition to the interviews with the PPs, checked publicly accessible informationof Clean Development Mechanism (CDM), Joint Implementation (JI), Verified Carbon
Standard (VCS) and Gold Standard (GS) and found no identical project as the registered JCM
project in terms of the name of entities, applied technology, scale and the location. The resultof researches confirmed that the 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
reductions.
CAR 4 was raised through the verification process that resolution details are as below.
The details of the persons interviewed and the documents reviewed are shown in the Section Fof 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: A written confirmation had not been submitted by the PPs on no
double registration of the project with the other international climate mitigation mechanism
than JCM over the monitoring period.
Nature of responses provided by the PPs: The PPs submitted the declaration on avoidance of
double registration dated 22/03/2019.
Assessment of the responses: The verification team confirmed a written confirmation on
avoidance of double registration was submitted by the PPs as required.
The CAR was closed.
<Conclusion based on reporting requirements>
Please state conclusion based on reporting requirements.
The verification team confirmed that the project is not registered under other international
climate mitigation programs.
C.6. Post registration changes
10

JCM_TH_F_Vrf_Rep_ver02.0<Means of verification>
The verification team assessed the project documentation and through the on site visit andconfirmed that there was no post registration change from the registered PDD or the approved
methodology.
<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 verification through the verification processes determined that there was no post
registration change from the registered PDD or approved methodology which prevent from useof the applied methodology.

D. Assessment of response to remaining issues
An assessment of response to the remaining issues including FARs from the validation and/or
previous verification period, if appropriate
No FAR was issued in the validation and this is the first verification of the project.

11

JCM_TH_F_Vrf_Rep_ver02.0

E. Verified amount of emission reductions achieved
Year

Verified
Reference Verified Project Emissions Verified
Emission
Emissions (tCO2e)(tCO2e)Reductions (tCO2e)

2013
2014
2015
2016
2017

27.3

0

27

2018

682.2

0

682

2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Total (tCO2e)709

F. List of interviewees and documents received
F.1. List of interviewees
SNC Pyongsan Evolution Company Limited (SPEC)
Somchai Ngamkitcharoenlap, Managing Director
Pipat Poisen, Manager
Wassana Srikhat, Engineering
Sharp Energy Solutions Corporation
Hiroya Ota, Supervisor, Global New Business Promotion Division, Project Business Unit
Sharp Solar Solution Asia Co., Ltd.

12

JCM_TH_F_Vrf_Rep_ver02.0

Laksamee Tippayawat, Manager, Engineering Department

F.2. List of documents received
Category A documents (documents prepared by the PPs)
- Monitoring report dated 07/03/2019- Revised monitoring report dated 18/06/2019- Calculation spreadsheet- Specification of main equipment- PEA grid connection permission- EPC Contract for design, engineer, procure, construct, test and commissioning dated
19/09/2016- DC Cable Route and Cable Raceway- Aluminum Rail Plan of Mounting Structure- Single Line Diagram VAC and VDC Distribution Board- Communication Diagram- Monitoring Diagram- EDMI Mk6E Advanced Three Phase Electronic Revenue Meter Specifications- KIPP & ZONEN Pyranometers Specifications- Commissioning report for 3.432 MWp dc PV Solar Roof System in SNC PYONGSANEVOLUTION CO., LTD (Rayong Province,Thailand) Date: 25 to 28 April 2017, Sharp Solar
Solution Asia Co., Ltd.
- Certificate of IEC 61215, IEC 61730-1 and IEC 61730-2 issued by TUV Rheinland dated
18/08/2016- Certificate of IEC 61215, IEC 61730-1 and IEC 61730-2 issued by VDE Testing andCertification Institute dated 31/10/2013- Relaying and Metering Diagram SPEC1- Relaying and Metering Diagram SPEC2- Relaying and Metering Diagram SPEC3- Relaying and Metering Diagram SPEC4- Relaying and Metering Diagram SCAN2- Relaying and Metering Diagram SCAN3- Technical information – Measurement accuracy for PV Inverter Sunny Boy and Sunny Mini
Central, SMA- Manufacturer’s recommendation for calibration frequency of electricity meter- Declaration on avoidance of double registration dated 22/03/2019
13JCM_TH_F_Vrf_Rep_ver02.0- Review of the monitoring system and data sources- JCM Monitoring Procedure dated 14/06/2019- Raw data and summary of electricity generation- Records of correction of on site indication of electricity meters for SPEC2- Records of staff training
Category B documents (other documents referenced)- Registered PDD Version 03.0 dated 24/04/2018 with the Monitoring Spreadsheet- Validation report for the project dated 26/07/2018- JCM_TH_AM001_ver01.0 Installation of Solar PV Systems- Additional Information to the Proposed Methodology “Installation of Solar PV System”- JCM Project Cycle Procedure JCM_TH_PCP_ver02.0- JCM Guidelines for Validation and Verification JCM_TH_GL_VV_ver01.0- JCM Guidelines for Developing PDD and MR JCM_TH_GL_PDD_MR_ver02.0- JCM Glossary of Terms JCM_TH_Glossary_ver01.0- JCM Verification Report Form JCM_TH_F_Vrf_Rep_ver02.0- Verification report for JCM project No. TH001- Proposed and registered projects under CDM, VCS, Gold Standard, and the other international
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)- APLMF Economy Report Thailand, Central Bureau of Weights and Measures- Weights and Measures Act B.E. 2542 (1999)

14

JCM_TH_F_Vrf_Rep_ver02.0

Annex Certificates or curricula vitae of TPE’s verification 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.

15

Joint Crediting Mechanism Certificate of Appointment
Title of Project: Introduction of 3.4MW Rooftop Solar Power System toAir-conditioning Parts Factories (Ref# TH005)
Verification for the first monitoring period: 01/12/2017 31/12/2018
We hereby certify that the following personnel have engaged in the verification process thathas fully satisfied the competence requirements of the verification of the JCM project.

Name of Person

Assigned Roles

Michiaki Chiba

Team Leader

Kamiga Sukkeaw

Host Country Expert

Stewart Niu

Technical Reviewer

Signed byMichiaki Chiba
Climate Change Manager – Asia & Pacific08/03/2019

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