News
RE Procurement
May 10, 2022
Renewable energy certificate market to reach $103 billion by 2030
The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese
January 25, 2022Indonesia state utility steps up supply of renewable energy certificates
PT Perusahaan Listrik Negara (PT PLN), Indonesia’s state-owned electricity company, and PT MAS Sumbiri, a multinational firm engaged in the production of clothes, have signed a contract for the purchase of Renewable Energy Certificates (REC), demonstratin
January 13, 2022Furnas to hold second auction of RECs in February
Brazil's state-owned utility Furnas announced on Monday that its Second Auction of Renewable Energy Certificates will take place on February 17. The auction will provide Certificates to businesses who want to prove that the energy they consume comes from