Renewable Energy Carbon Credits: How Solar and Wind Projects Generate Climate Assets

Solar and wind energy not only reduce electricity bills — they can also generate marketable climate assets. For companies that already have or plan distributed generation or renewable energy projects, understanding this additional potential is a strategic opportunity.

Two types of assets generated

Renewable energy projects that replace fossil fuel-based generation in the electricity grid can quantify this emissions reduction and generate certified credits under standards such as VERRA or Gold Standard. In parallel, I-RECs (International Renewable Energy Certificates) certify that a quantity of energy was generated from a renewable source — used by companies to meet Scope 2 targets in a traceable manner.

Complementarity

The same project can generate both assets, provided that double counting is avoided and properly declared — each attribute is sold separately to different buyers.

Who benefits

Industries with high electricity consumption, companies with Scope 2 neutrality targets, and renewable project developers are the main interested parties. Domani can support the structuring of a monetization strategy for existing or developing renewable projects.