With support from Energy Peace Partners (EPP), 3Degrees, a renewable energy consulting firm, and the International Organization for Migration (IOM), have inked the largest Peace Renewable Energy Credit (P-REC) agreement to date, which is also the first-ever P-REC registration in South Sudan.
Under the deal, 3Degrees obtained the P-RECs generated by the IOM-managed solar facility and transferred them to Block, a financial services company formerly known as Square, in order to assist Block's commitment to financial inclusion and desire to support forward-looking sustainability projects.
