In many developed markets, large corporations with big climate ambitions buy renewable energy as part of their commitment to reduce their greenhouse gas emissions. This sort of financing remained out of reach for most companies in the Energy Access sector until very recently.
Climate investments can do more than reduce a company’s carbon footprint. The D-REC allows smaller-scale, distributed renewable energy (DRE) providers access to the corporate demand for renewables. Developers like mini-grid operators and SHS companies can now integrate into an open source platform which will track, verify, and monetise every MWh of electricity – bringing a new income stream to the Energy Access sector.