Renewable
Energy
Certificates.
End-to-end I-REC issuance advisory, OTC certificate trading, I-TRACK registry management, and corporate Scope 2 procurement strategy — across Asia, Africa, and the Middle East.
What is I-REC?
The I-REC Standard
The International Renewable Energy Certificate (I-REC) Standard is a globally recognised framework for tracking the generation and consumption of renewable electricity. Each I-REC represents one megawatt-hour (MWh) of renewable energy fed into the grid — issued with unique, non-duplicable attributes covering technology type, generation location, and period.
Energy Attribute Certificates
Energy Attribute Certificates (EACs) are the tradable instruments that convey the environmental value of renewable generation. I-RECs are issued, transferred, and retired on the I-TRACK platform — providing a transparent, auditable chain of custody from generator to consumer. The final retirement is the act that supports a corporate Scope 2 or voluntary claim.
Why They Matter
For multinationals operating across Asia, Africa, and the Middle East — where European Guarantees of Origin (GOs) are not available — I-RECs are the only credible, globally accepted instrument for demonstrating renewable energy procurement under the GHG Protocol Scope 2 Market-Based Method, RE100, and the Science Based Targets initiative.
| Metric | Value | Context |
|---|---|---|
| Unit of accountper certificate | 1 | MWh of renewable generation |
| Eligible marketsI-REC active | 50+ | Countries with I-REC issuing bodies |
| Cumulative issuedto 2023 | 7 Bn | MWh tracked on I-TRACK platform |
| Technology typeseligible | 5+ | Solar, wind, hydro, biomass, geothermal |
Our I-REC Services
Issuance Advisory
We guide renewable energy generators through I-REC eligibility assessment, registration, and ongoing issuance management on the I-TRACK platform — coordinating with national issuing bodies to formalise your facility.
- Facility eligibility and technology assessment
- I-TRACK account setup and device registration
- MRV documentation and audit coordination
- Ongoing issuance and registry maintenance
Certificate Trading & Brokerage
Bodhi Hub operates as a trusted I-REC broker, facilitating OTC transactions between generators and corporate buyers. We provide transparent price discovery, counterparty matching, and end-to-end trade execution.
- OTC buy/sell matching across markets
- Vintage, technology, and geography sourcing
- Transaction documentation and transfer coordination
- Post-trade reporting and audit trail
I-TRACK Registry Management
We manage I-TRACK accounts on behalf of generators, traders, and corporate end-users — handling the full certificate lifecycle from issuance through transfer to final retirement, with accurate record-keeping for GHG reporting.
- I-TRACK account opening and KYC facilitation
- Batch issuance requests and transfer management
- Retirement requests with statement generation
- Annual balancing and disclosure-ready reporting
Procurement Strategy
For organisations with renewable energy targets under RE100, SBTi, or internal ESG frameworks, we design bespoke I-REC procurement strategies precisely aligned to GHG Protocol Scope 2 Market-Based Method requirements.
- Scope 2 gap analysis and I-REC volume sizing
- Market, geography, and vintage selection strategy
- RE100 and SBTi alignment review
- CDP and supplier ESG disclosure support
The I-TRACK Platform
I-TRACK is the official registry system for the I-REC Standard — the authoritative record of certificate issuance, ownership, transfer, and retirement. Bodhi Hub operates directly within the platform on behalf of clients.
Account Setup & Registration
We guide generators, traders, and corporate buyers through I-TRACK account opening, KYC documentation, participant classification, and platform orientation — ensuring all accounts are correctly configured from day one.
Certificate Lifecycle
From initial issuance requests tied to verified metering data, through OTC transfers between registered accounts, to the final irrevocable retirement that underpins a Scope 2 or RE100 claim — every step is managed with precision.
Audit & Reporting
We produce structured I-REC retirement statements and registry extracts formatted for GHG inventories, CDP questionnaires, RE100 annual reports, and third-party audits — ensuring every claim is fully traceable and verifiable.
From Enquiry to Certificate
A structured four-stage methodology — from initial eligibility review through to registry retirement — designed to minimise friction and maximise integrity at every step.
Eligibility Assessment
Review of facility type, grid connection, metering infrastructure, and market jurisdiction to confirm I-REC eligibility and identify the optimal issuance pathway.
Registry Onboarding
Participant and device registration on I-TRACK, coordinating with the national issuing body to have your facility formally recognised and activated.
Certificate Issuance
Regular issuance requests submitted against verified metering data, populating your I-TRACK account with certificates carrying the correct technology and vintage attributes.
Trade & Retire
Certificates sold via OTC to matched buyers or retired directly — generating retirement statements for Scope 2, RE100, or SBTi reporting and third-party verification.
In markets where Guarantees of Origin do not exist, I-RECs are the gold standard for credible renewable energy claims — and getting the issuance, chain of custody, and retirement right demands specialist knowledge.
Bodhi Hub — I-REC Advisory PracticeStart your
I-REC journey.
Whether you're a generator seeking to monetise renewable output, a corporate buyer building your Scope 2 strategy, or a trader entering the EAC market — Bodhi Hub is your specialist guide.