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First I-REC Transaction in South-East Asia

06 April 2016 |

Natural Capital Partners, working with Kyoto Energy, has completed the first I-REC transaction in Vietnam and the South East Asia power grid area.

The run-of-river hydro project has an installed capacity of 18MW and its registration under the I-REC Standard means it can be used by corporates wishing to meet their renewable energy commitments.

The International REC Standard (I-REC Standard) is designed to provide a robust, verified system for issuing, tracking and redeeming renewable energy certificates in countries where energy tracking systems do not yet exist. The standard is recognised by organisations including the Greenhouse Gas Protocol, RE100 and CDP for reporting the consumption of renewable energy by companies.

The project, which is located in Lao Cai Province in the north of Vietnam, play an important and essential role in enabling companies to reduce greenhouse gas emissions while also supporting the transition to renewable energy in south-east Asia.