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Purchasing I-REC Certificates for FDI Enterprises

29/10/2026

CIC provides I-REC certificates for FDI enterprises, accommodating large-volume purchases, offering diverse supply sources, quotations per MWh, and support with transaction procedures.

For foreign direct investment (FDI) enterprises in Vietnam, using I-REC certificates (International Renewable Energy Certificates) is one of the solutions that help demonstrate the use of electricity renewable energy sources, support ESG reporting, contribute to Scope 2 emissions reduction targets, and meet green energy requirements set by parent corporations, international partners, and customers.

CIC Construction Technology and Consultancy Joint Stock Company provides I-REC certificate consulting and supply solutions for enterprises, helping them select certificate sources that match their electricity consumption needs, required MWh volumes, energy source types, issuance years, and transaction completion timelines.

Guided by the principle of "The Right Source – The Right Price – On-Time Delivery," CIC supports enterprises throughout the entire process, identifying requirements, advising on certificate purchasing options, and connecting with suppliers to assisting with transaction procedures and certificate redemption as required. This provides enterprises with a basis for ESG reporting, fulfilling renewable energy commitments, and meeting international supply chain requirements.

What Should FDI Enterprises Consider When Purchasing I-REC Certificates?

When purchasing I-REC certificates, price is not the only factor enterprises should consider. To meet ESG reporting requirements, Scope 2 emissions reduction targets, or renewable energy criteria established by parent corporations and international customers, enterprises need to select supply sources that align with their electricity consumption needs and reporting purposes.

Volume: The number of certificates required, measured in MWh.
Energy Source: Solar power, wind power, hydropower, or other sources that meet specific requirements.
Vintage: The electricity generation year corresponding to the reporting period.
Transaction Deadline: The required timeframe for receiving and redeeming certificates.
Documentation and Intended Use: Requirements for ESG reporting, Scope 2 reporting, or criteria established by parent corporations and international customers.

Clearly defining these criteria the outset helps enterprises select suitable I-REC sources, optimize certificate purchasing costs, and proactively manage transaction timelines. This also provides CIC with a basis for recommending supply options and preparing quotations that closely match each enterprise\'s actual requirements.

CIC Supplies I-REC Certificates Based on Enterprise Purchasing Requirements

CIC supplies I-REC certificates according to enterprises\' actual needs, offering flexibility in MWh volumes, renewable energy sources, electricity generation years (vintage), and transaction timelines. CIC helps enterprises select supply options that align with their budgets, ESG reporting requirements, and renewable energy criteria established by parent corporations or international customers.

Diverse I-REC Supply Sources

CIC assists enterprises in identifying I-REC sources based on renewable energy type, vintage, and required purchasing volume. For large-volume orders or specific electricity source requirements, CIC receives the enterprise\'s criteria, checks supply availability, and proposes suitable options.

Quotations Based on Actual Requirements

I-REC prices depend on the supply source and the conditions of each order, including energy source type, vintage, volume, and transaction timing. CIC provides supply consulting and quotations based on actual requirements, helping enterprises balance their budgets and select suitable options.

Transaction and Documentation Support

CIC assists enterprises with exchanging supply information, confirming orders, and completing transaction and certificate redemption procedures within the agreed scope of services.

I-REC Certificate Purchasing Process at CIC

Step 1: The enterprise provides its requirements regarding certificate volume, energy source, vintage, and transaction deadline.

Step 2: CIC checks supply availability and recommends suitable options.

Step 3: Both parties agree on the quotation, quantity, and transaction terms.

Step 4: CIC coordinates the transaction process and supports related documentation as agreed.

Request an I-REC Quotation for Your Enterprise

Enterprises should proactively determine their required MWh volume, energy source type, vintage, and certificate deadline to facilitate the consulting and quotation process.

CIC supports enterprises with:

Consulting on I-REC sources based on actual requirements.
Providing quotations based on volume and specific requirements.
Supporting transactions and related procedures.
Coordinating certificate purchasing plans according to the enterprise\'s schedule.