14
Costa Rican facilities with active I-RECs issued by The Green Certificate Company.
200
MW
Total registered generation capacity eligible for I-REC issuance.
Solar
Primary energy source across registered I-REC production facilities.
1.2
TWh
I-RECs issued to registered generation facilities.
17
%
Certificates cancelled to claim renewable electricity consumption.
0.09
%
Costa Rica's share of total certificates issued across the global I-REC market.
The Costa Rican I-REC Market in Numbers
Data Source: Tracking Standard
(Updated Monthly -
March 2026
)
Why do companies procure Costa Rica I-RECs?
Costa Rican I-RECs enable credible renewable electricity claims within Costa Rica for compliance purposes. These I-RECs are used to:
Report market-based Scope 2 emissions
Possible or mandatory under reporting standards like GHG Protocol, CDP, RE100, SBTI, and more.
Satisfy investor ESG mandates
Meet institutional investor requirements and sustainability fund eligibility criteria to qualify for funding at better terms.
Meet customer demand for sustainability
Back defensible renewable electricity claims with registry-verified, audit-ready cancellations.
Fund renewable generation
Channel capital to renewable energy producers through certificate revenue streams, making further construction more economically viable.
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