CIC Provides Consulting Services for I-REC Certificate Development for Renewable Energy Producers
CIC Provides Consulting Services for I-REC Certificate Development for Renewable Energy Producers
CIC offers professional consulting services to support enterprises in the renewable energy sector—including wind and solar power producers—in developing and registering for the International Renewable Energy Certificate (I-REC). This service enables companies to certify their renewable electricity generation in compliance with international standards, enhance transparency, and improve their competitiveness in both domestic and global markets.
What is I-REC?
I-REC, short for International Renewable Energy Certificate, is a globally recognized certification system that enables organizations and individuals to purchase and claim the use of renewable energy generated from sustainable sources such as wind, solar, hydropower, biomass, and more—in a reliable and transparent manner.
I-REC certificates are issued by authorized and independent I-REC registries that operate in compliance with international standards. Some of the most well-known I-REC registries include:
I-REC Standard Foundation
APX
Evident Services
I-REC is a tradable instrument that certifies the clean energy attributes of renewable electricity. It grants the certificate holder the legal right to claim the use of renewable energy from a specific source.
I-REC is primarily used in countries and regions that do not have a domestic green energy certification system, such as Africa, Asia, and South America. However, countries like Australia and Japan also have their own local certification frameworks in parallel.
Globally, many countries have adopted the I-REC system to promote the consumption and development of renewable energy. According to various sources, I-REC is now active in more than 30 countries worldwide, including Vietnam.
What is the International Renewable Energy Certificate (I-REC)?
Similar to REC (Renewable Energy Certificate) and GO (Guarantee of Origin) systems, each I-REC represents proof that 1 megawatt-hour (1 MWh) of renewable electricity has been generated, along with the associated environmental benefits of that energy.
The I-REC Registry issues digital certificates based on the actual output of a registered renewable energy generator.
📌 1 I-REC = 1 MWh of renewable electricity
The I-REC Standard’s digital tracking system enables participants to trace the renewable attributes of electricity from the point of generation to the point of consumption, ensuring transparency and preventing double counting in I-REC transactions on the market.
What Types of Energy Sources Qualify for I-REC?
I-RECs can be issued for electricity generated from the following renewable energy sources:
Solar power
Wind power
Hydropower
Biomass
Biogas
Nuclear energy (Note: Subject to specific registry rules)
What Are the Benefits of I-REC for Businesses?
As we know, once electricity is transmitted from the power plant’s transformer to end users, it becomes “non-identifiable”—meaning consumers cannot determine exactly where the electricity came from. This poses challenges for any system that seeks to support specific types of electricity, such as renewable energy.
To enable mechanisms that incentivize renewable electricity, two conditions must be met:
Accurate identification of electricity at the point of generation
Traceability of electricity at the point of consumption
This is where the I-REC system plays a crucial role.
✅ For every 1 MWh of renewable electricity generated, the plant receives an I-REC certificate. ✅ Renewable power plants can earn revenue not only from selling electricity but also by monetizing the environmental attributes of their projects through I-REC sales—helping increase total income and shorten payback periods.
✅ Enterprises that are obligated or committed to sourcing renewable energy can purchase I-REC certificates from these power plants to meet their sustainability goals, attract more investment, and ensure long-term green growth.
For more information about environmental consulting and sustainability services, please contact:
