Indonesia Clarifies Attribute Ownership, Signaling Commitment to Fair and Robust Market Implementation
Issuance of International Renewable Energy Certificates (I-REC(E)) for rooftop solar devices in Indonesia will continue as normal, effective immediately. This follows the release of updated regulatory guidance that supports clarity on attribute ownership in the country. The International Tracking Standard Foundation (I-TRACK Foundation) in collaboration with the Issuer for Indonesia, the Green Certificate Company (GCC), […]
Update for the I-REC(E) Participant List
The I-REC(E) Participant List includes organisations that are approved to receive, trade, and redeem I-REC for Electricity certificates (I-REC(E)). These organisations, referred to as Participants, play a key role in supporting transparent and standardised renewable energy markets. For many years, this list has been kept as a downloadable document available on both the I-TRACK Foundation’s […]
Lesotho recognized by Minister for Energy and approved for I-REC(E) issuance
The I-TRACK Foundation Board has approved Lesotho for I-REC for Electricity issuance. The Minister for Energy of the Kingdom of Lesotho supports the implementation of I-REC(E) in the country. Approval came after the submission of a country report (use the button on the left to download the country report) detailing various aspects of the electricity generation […]
Release of version 1.1 of the International Attribute Tracking Standard
The I-TRACK Foundation’s key governing document, the International Attribute Tracking Standard (Standard), was published in April 2021. Following the release of the Standard, the I-TRACK Foundation held an open consultation on the Standard and other governance documents conducted in phases over a 9–12-month period. At the end of the first consultation phase, we collected and […]
Avance Labs successfully pilots the I-TRACK(HX) on water electrolysis projects
Avance Labs (“Avance”) has successfully completed three pilot projects showcasing the Product Code for Hydrogen and Hydrogen derivative fuels and products, I-TRACK(HX), developed by Avance based on the I-TRACK Foundation’s International Attribute Tracking Standard. The three projects are water electrolysis projects located in the United Arab Emirates. Chief among them is a project owned […]
South Korea approved for I-REC(E) issuance
The I-TRACK Foundation Board has approved South Korea 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 domestic policies, and confirmation of interest in introducing I-REC(E) to support further renewable energy development in the country, specifically for […]
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 […]