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I-RECs in Colombia
Colombia issued 7.1 million I-RECs in 2024, the 12th largest I-REC market in the world and the 5th in Latin America. Here is the market at a glance and how to buy Colombia I-RECs with Moendi.
The market
The I-REC market in Colombia
Colombia's I-RECs come mostly from large, long-established hydro plants, which makes it a dependable source of volume. Solar reached 6.1% of issuance in 2024, a first sign of a more diverse market and an option for buyers who want newer projects.
- Local issuer: ECSIM.
- Registry: Evident, under the I-REC(E) Standard.
- Technologies: hydro (93.9%), solar (6.1%).
- Supply: 17 active devices and 4,954.8 MW of installed capacity.
Buying I-RECs in Colombia?
- Choose technology, vintage or plant
- Redeemed in your company's name
- Official, verifiable redemption statement
Key figures, vintage 2024
Colombia in numbers
| Metric | 2024 | Change |
|---|---|---|
| I-RECs issued | 7,134,039 MWh | +3.9% vs 2023 |
| I-RECs redeemed | 6,314,300 MWh | +19.7% vs 2023 |
| Worldwide rank | 12th | |
| Latin America rank | 5th | |
| Active installed capacity | 4,954.8 MW | |
| Active registered devices | 17 | |
| Average commercial operation date | July 1991 |
Generation mix of I-RECs issued
| Technology | Share | Chart |
|---|---|---|
| Hydro | 93.9% | |
| Solar | 6.1% |
Sources: Evident Device Register and the 2025 I-REC(E) Market Statistics from The International Tracking Standard Foundation. Analysis by Moendi.
How it works
Buying I-RECs from Colombia with Moendi
- Tell us what you needYour consumption, reporting period and any technology or vintage preference.
- We source and quoteWe find the right I-RECs from Colombia and send you a clear offer.
- Redeemed in your nameWe redeem the certificates for your company and send you the official statement.
FAQ
Frequently asked questions
Who issues I-RECs in Colombia?
I-RECs in Colombia are issued by ECSIM, under the I-REC(E) Standard of The International Tracking Standard Foundation. All certificates are tracked in the Evident registry.
How many I-RECs does Colombia issue?
Colombia issued 7,134,039 MWh of I-RECs for vintage 2024 (+3.9% vs 2023), making it the 12th largest I-REC market in the world and the 5th in Latin America.
Which technologies are available in Colombia?
The 2024 issuance mix was hydro (93.9%), solar (6.1%). You can request I-RECs from a specific technology, vintage or plant.
Can I use Colombia I-RECs for RE100 and CDP?
Yes. I-RECs from Colombia are accepted by RE100 and in CDP reporting to cover electricity consumed in Colombia. Under the GHG Protocol market-based method, they reduce your Scope 2 emissions.
How do I buy I-RECs from Colombia?
Tell us your consumption, reporting period and preferred technology. Moendi sources the certificates, redeems them in your company's name and sends you the official redemption statement. Request a quote.
Market reports
More about Colombia
Ready to buy I-RECs from Colombia?
Tell us your volume and technology. We will prepare a quote.
Request a quote