I-RECs in Peru
Peru issued 9.9 million I-RECs in 2024, the 10th largest I-REC market in the world and the 4th in Latin America. Here is the market at a glance and how to buy Peru I-RECs with Moendi.
The market
The I-REC market in Peru
Peru was one of the fastest-growing I-REC markets in 2024, with issuance up 40.2% and 15 new active devices. Hydro leads, and wind and solar give buyers real choice of technology.
- Local issuer: AENOR Perú.
- Registry: Evident, under the I-REC(E) Standard.
- Technologies: hydro (76.6%), wind (18.1%), solar (5.3%).
- Supply: 36 active devices and 3,138.9 MW of installed capacity.
Buying I-RECs in Peru?
- Choose technology, vintage or plant
- Redeemed in your company's name
- Official, verifiable redemption statement
Key figures, vintage 2024
Peru in numbers
| Metric | 2024 | Change |
|---|---|---|
| I-RECs issued | 9,937,767 MWh | +40.2% vs 2023 |
| I-RECs redeemed | 7,174,142 MWh | +33.2% vs 2023 |
| Worldwide rank | 10th | |
| Latin America rank | 4th | |
| Active installed capacity | 3,138.9 MW | |
| Active registered devices | 36 | |
| Average commercial operation date | January 2005 |
Generation mix of I-RECs issued
| Technology | Share | Chart |
|---|---|---|
| Hydro | 76.6% | |
| Wind | 18.1% | |
| Solar | 5.3% |
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 Peru 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 Peru 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 Peru?
I-RECs in Peru are issued by AENOR Perú, 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 Peru issue?
Peru issued 9,937,767 MWh of I-RECs for vintage 2024 (+40.2% vs 2023), making it the 10th largest I-REC market in the world and the 4th in Latin America.
Which technologies are available in Peru?
The 2024 issuance mix was hydro (76.6%), wind (18.1%), solar (5.3%). You can request I-RECs from a specific technology, vintage or plant.
Can I use Peru I-RECs for RE100 and CDP?
Yes. I-RECs from Peru are accepted by RE100 and in CDP reporting to cover electricity consumed in Peru. Under the GHG Protocol market-based method, they reduce your Scope 2 emissions.
How do I buy I-RECs from Peru?
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 Peru
Ready to buy I-RECs from Peru?
Tell us your volume and technology. We will prepare a quote.
Request a quote