A site moves through assessment, documentation, monitoring, independent verification, Verra review, issuance and sale. Revenue is shared after sale proceeds are received under the agreement.
Timing depends on site readiness, monitoring periods, audit scheduling, review and buyer demand. We explain the expected sequence for your site in the proposal. An intended annual verification cycle is not a guarantee of annual payment or a fixed first-payout date.
Eligibility: Our current intake focuses on grid-connected commercial and industrial solar sites in South Africa commissioned on or after 1 January 2025. We assess each site's eligibility, metering, generation evidence and carbon credit rights.
Stage 1: Quote and qualification
You submit a quote via our website or contact us directly. We assess eligibility based on your installation details and send you a detailed proposal with an indicative revenue estimate, the assumptions behind it and the commercial terms we can offer.
Stage 2: Contract
You review and sign the Client Agreement. It sets out responsibilities, costs, revenue sharing, the duration of the engagement and termination provisions.
Stage 3: Technical due diligence
We collect your installation’s technical specifications, generation data history, ownership documentation, and monitoring access. Anything missing or unclear gets resolved here, before submission.
Stage 4: Project documentation
We prepare your Project Description for inclusion in our next Verra submission. Verra groups solar installations into batches called Project Activity Instances, or PAIs. Your installation is assigned to the PAI for the current submission window.
Stage 5: Validation
Our submission is reviewed by an independent VVB. Validation confirms the project design meets the methodology’s requirements. This stage is largely paperwork, no action required from you.
Stage 6: Verification and issuance
A separate VVB audit confirms actual emission reductions against the project design. The auditor reviews your generation data for the monitoring period. Once verification is complete, Verra reviews the project record and issues the credits. VCS 3659 completed its first issuance on 30 September 2026. View the project record and read the first issuance announcement.
Stage 7: Sale
We sell credits into the voluntary market, prioritising buyers offering the best price and quality alignment. We don’t fix a timeline here because we optimise for the best price.
Stage 8: Payment
Your revenue share becomes payable after credits are sold and sale proceeds are received, under your Client Agreement. We provide a settlement statement showing the relevant volumes, sale proceeds, deductions and your share.
Why is the process so heavily audited?
Carbon credit registration is heavily audited. That’s exactly what gives the credits their value. The timeline reflects the rigour of independent validation and verification. If anyone could just claim emission reductions and sell them, the credits wouldn’t be worth anything.