Norway-based Ecohz, a provider of global renewable energy solutions, now offers green power documented by the International REC Standard  to companies operating in the Gulf.

By buying I-RECs companies can reduce their greenhouse gas emissions and improve their sustainability rating.

“Corporations all over the world are increasingly demanding renewable energy for their global operations. It is simply a no-go to set up operations in places where renewable energy isn’t available, especially for corporations that have committed to using 100% renewable energy,” says Tom Lindberg, managing director, Ecohz.

Many of the world’s most influential companies have committed to using 100 per cent renewable electricity by 2020 under RE100. “There’s a reason why it’s called RE100 – not RE95. Corporates are demanding renewable energy for all operations in all regions where they operate,” said Lindberg.  

“I-RECs are now being introduced in a growing number of countries, including countries in the Gulf region. With I-RECs from Ecohz, companies can now for the first time use an internationally recognised and valid tracking system to document that the electricity they consume in the Gulf comes from renewable energy sources.”

I-RECs is a global standard used in regions where no similar documentation scheme exists. Companies can buy I-RECs to document and report that the energy they consume outside Europe and North America comes from renewable energy sources.

The International REC (I-REC) standard builds on best practice from the North American Renewable Energy Certificate (RECs) market and Europe’s Guarantees of Origin system. I-RECs have strong stakeholder support, and the Greenhouse Gas Protocol recognises I-RECs as an important instrument to document electricity consumption from renewable energy sources. – TradeArabia News Service