12
Saudi Arabian facilities with I-RECs issued by The Green Certificate Company.
7.9
GW
Total registered generation capacity eligible for I-REC issuance.
Solar
Primary energy source across registered I-REC production facilities.
29
TWh
I-RECs issued to registered generation facilities.
1.2
%
Certificates cancelled to claim renewable electricity consumption.
2.1
%
Saudi Arabia's share of total certificates issued across the global I-REC market.
The Saudi Arabian I-REC Market in Numbers
Data Source: Tracking Standard
(Updated Monthly -
March 2026
)
Why do companies procure Saudi Arabia I-RECs?
Saudi Arabian I-RECs enable credible renewable electricity claims within Saudi Arabia 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.
Build an I-REC procurement strategy
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e.g. "Looking for I-RECs to match 100 GWh of Saudi Arabian electricity use in 2025"
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1
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Drop in any file and our AI handles the rest, identifying your regulatory requirements and matching your energy consumption to the right I-RECs.
2
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View transparent pricing from
4000
+ aggregated renewable energy producers in real-time.
3
Download your I-REC documentation
Once confirmed, we generate all the reports and documentation proving your renewable consumption, ready to download .
Saudi Arabia's Vision 2030 is already reshaping its certificate market, with twelve solar facilities producing 28.6 TWh and a substantial renewable pipeline behind them. For buyers building long-term regional strategies, Soldera gives you the infrastructure to grow your Saudi procurement in the same dashboard as all other jurisdictions, without rebuilding your approach from scratch.
Founder & CEO of Soldera
STENVER JERKKU
Saudi Arabia's solar I-REC market has grown enormously. Soldera's AI-powered procurement matches your Middle Eastern consumption data to Saudi supply at transparent prices, and generates audit-ready compliance documentation for CSRD, RE100, and every other framework you report against.
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