Aenor Ecuador Accredited as local Issuer in Ecuador
The I-TRACK Foundation Board has approved Aenor Ecuador as the local I-REC(E) Issuer in Ecuador, taking over the role from GCC (the Green Certificate Company). Ecuador was approved for I-REC(E) issuance by the I-TRACK Foundation Board in April 2022 with GCC as the default Issuer. Use the button on the left to download the country […]
Nicaragua’s first I-REC(E) issuance
In December 2024, Nicaragua issued its first I-REC for Electricity certificates. Over 65,000 I-REC(E) were issued from EOLO, a 44 MW wind facility owned by CMI Energía. The I-TRACK Foundation Board approved Nicaragua for I-REC(E) issuance in October 2023 with GCC (the Green Certificate company) as the Issuer. Nicaragua’s approval came after a country report […]
Minor Modification to Market Statistic Publications
As of 1 June 2025, the monthly statistics will have a new column under the ‘Redemptions’ tab. The current statistics mention the country of redemption, among other attributes such as the vintage, technology, and volume. This column will show the country of issuance from each certificate redeemed on or after 1 June 2025, visible in […]
I-TRACK Foundation’s First Approved Verification Label
The International Tracking Standard Foundation (I-TRACK Foundation) is pleased to announce that REDEX Group Pte Ltd (REDEX), an I-TRACK Foundation Accredited Platform Operator, holds the first approved Verification Label under the International Attribute Tracking Standard (Standard) – our main governing document for the development of attribute tracking systems. What is a Verification Label? A Verification […]
Notice Concerning the Classification of Production Facilities as ‘Supported’ in Vietnam
The International Tracking Standard Foundation (the I-TRACK Foundation) and the Local Issuer for Vietnam (GCC) have received inquiries from Registrants and Participants in Vietnam with respect to the classification of production facilities marked “supported” vs “non-supported.” At the point of facility registration, Registrants are asked whether the asset has received financial support such as a […]
I-TRACK Foundation meets with the Global Energy Internet Development Cooperation Organization and China Electricity Council
On 19 December 2024, a press release was published by an online news source in China highlighting a meeting between the I-TRACK Foundation’s Board member, Jules Chuang, and Xin Baoan, the Chairman of the Global Energy Internet Development Cooperation Organization and Chairman of the China Electricity Council, as well as the Heads of the Cooperation […]
Cross-border trading framework in development in Singapore
On 8 January 2025, an article published on Eco-Business, an environmental business online news source based in Singapore, announced Singapore’s plan for a global framework to recognise RECs from cross-border electricity trading outside single markets. “Singapore – which is exploring 7.35 gigawatts (GW) worth of clean power deals in Southeast Asia to meet its decarbonisation goals – is looking to develop […]
Adjustments to I-REC(E) Holding/Redemption Fees
Following the publication of the 2025 Fees for I-REC(E) on 1 October 2024, this notice from the International Tracking Standard Foundation (I-TRACK Foundation) and Evident contains adjustments to both the application and language of the fees. These adjustments respond to feedback from market participants and reflect both parties’ commitment to balancing the needs of effective […]
Myanmar approved for I-REC(E) issuance
The I-TRACK Foundation Board has approved Myanmar for I-REC for Electricity [I-REC(E)] issuance. Approval came after the submission of a country report detailing various aspects of the electricity generation market, including a review of supporting documents and commercial structures, and confirmation of interest in introducing I-REC(E) to support further renewable energy development in the country. […]
The Energy and Petroleum Regulatory Authority approved as I-REC(E) Issuer in Kenya
The I-TRACK Foundation Board has approved the Energy and Petroleum Regulatory Authority (EPRA) as the local I-REC(E) Issuer in Kenya. The Energy and Petroleum Regulatory Authority Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has been approved as the local Issuer of I-REC(E) in Kenya. The EPRA is responsible for economic and technical regulation of the […]