News

Green power certification starts in Turkey via I-REC

Published

April 21, 2016

Comments

comments icon

0

Share

Published:

April 21, 2016

Comments:

comments icon

0

Share

Companies in Turkey are now able to buy renewable power documented by the International REC Standard (I-REC), a scheme similar to the RECs in North America and the Guarantees of Origin in Europe, SeeNews reported.

Renewable energy solutions firm ECOHZ and GTE Carbon announced they are the first to offer renewable power under I-REC in Turkey. Thus companies with offices and plants in the country have access to an internationally valid tracking system to document their renewable electricity consumption.

“Demand for renewable electricity is increasing in Turkey but there has not been a reliable certification or monitoring scheme in place,” said Kemal Demirkol, managing director in GTE Carbon. The first I-RECs issued there are from the 48 MW Bayramhacili hydropower plant, for which GTE Carbon acted as project developer. The company now handles the production and sale of the I-RECs on behalf of the owner.

Currently, I-REC is available in select markets in Africa, Asia and Latin America. The system is recognized by the Greenhouse Gas Protocol as a tool to document electricity consumption from renewables.

Earlier in April, Google Inc. announced it is giving a seed grant to help the Center for Resource Solutions’ (CRS) structure renewable energy certificate (REC) programmes across Asia. The tech giant stressed how important REC programmes are in helping companies actually know that the power they buy comes from a renewable energy source.

ECOHZ said it is building a global portfolio of I-REC power plants, so as to be able to offer to multinational companies different options covering most regions in the world.

 

Related Articles

macedonia mepso ebrd loan grid renewables koka basso bozinovska

MEPSO secures funds for grid investments; upgrade to enable connecting 1.2 GW of renewables

23 July 2024 - MEPSO and the European Bank for Reconstruction and Development (EBRD) have signed an agreement on a EUR 26.4 million loan

milorad dodik Republic Srpska Serbia lithium

Republic of Srpska in BiH to mirror Serbia’s lithium mining projects

23 July 2024 - President of the Republic of Srpska in BiH Milorad Dodik said the entity would follow Serbia's example in projects for critical raw materials

fiat grande panda stellantis serbia electric cars automobiles

Stellantis starts producing electric cars in Serbia

22 July 2024 - With the announced state subsidies, Fiat Grande Panda from the Kragujevac plant could cost around EUR 18,000

eds ceo biljana komnenic elektrodistribucija srbije

Biljana Komnenić takes helm of Serbia’s DSO

22 July 2024 - The Government of Serbia has dismissed the acting director of distribution system operator Elektrodistribucija Srbije, Bojan Atlagić