Renewable energy developers and utilities are increasingly using the North American Renewables Registry (NAR) to track generation and retirements of RECs from solar, biomass and wind facilities in the region. More than 90 projects are currently registered from the following states:
- Georgia: 51
- Florida: 33
- Arkansas: 2
- Louisiana: 2
- Alabama: 1
- Kentucky: 1
- South Carolina: 1
Several of the projects are aggregations of smaller solar facilities each representing a hundred or more unique solar installations. The tracking supports participation in voluntary and compliance markets as well as corporate contracts for renewable energy. Close to 1.5 million RECs have been issued for these projects with volumes increasing every year. For more details on the specific projects and market participants utilizing NAR review the: NAR Public Reports
If you are interested in learning more about how your organization can benefit from tracking RECs in NAR reach out to us at: firstname.lastname@example.org or 408-899-3341 or come meet us at the Southeast Clean Power Summit 2017 in Charleston on February 23-24.
The North American Renewables Registry™ provides an easy-to-use, Web-based platform trusted to create, track, and manage renewable energy certificate (REC) origination for renewable energy facilities. All market participants are able to take advantage of a trusted infrastructure to help manage their role in the market. With the ability to create unique, serialized records for every REC, the Registry provides the greatest product transparency, accountability and protection against double counting.
NAR has been designated as the compliance system for Kansas, Missouri and Puerto Rico. The State of North Carolina has also designated NAR as an eligible registry for facilities located outside of North Carolina that seek to qualify for the North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard. RECs can be exported from NAR to MIRECS, M-RETS & NC RETS and NAR accepts imports of certificates from MIRECS, M-RETS,NC RETS and WREGIS.