As a natural offshoot of developing and commercializing emission reduction projects, ClimeCo entered the renewable energy markets to help our customers reach their sustainability goals. ClimeCo offers advisory, transaction, project financing, and development services and specializes in leveraging environmental markets and commodities to optimize renewable energy projects.
ClimeCo’s “ClimeCo Renewable Energy Credits” product is certified by Green-e® Energy, an independent, third-party certification program administered by the nonprofit Center for Resource Solutions based in San Francisco, CA. Through this certification, we are assuring our customers that ClimeCo Renewable Energy Credits meet the highest standards in North America for product quality and marketing transparency. We undergo an annual verification process that includes an audit, and a separate annual review that ensures our marketing and advertising are accurate and represent the environmental benefits and impact our customers can claim.
The ability to harness natural, renewable resources for energy is amazing! Economies of scale and interest have made such change and adaption more affordable than ever. The cool thing about working at ClimeCo is that we not only get to advise our clients in this space, but we finance and develop renewable projects and assist with related transactions.
– Andy Kruger, Sr Director of Environmental Markets
Whether you’re a local organization looking to purchase clean power as all or part of your sustainability plan, or a large corporation seeking to source up to 100% of its needed power from renewable resources, ClimeCo is uniquely positioned to source the environmental commodities you need. Drawing from our own projects and from a vast network of project development partners and commodity brokers worldwide, we can supply the appropriate number and type of RECs—based on project type, location or vintage – to satisfy your specific criteria.
At the very core of ClimeCo’s business is our project development expertise. We started with a team of experts and have continued our growth by adding some of the brightest minds in the industry. For customers who want to pursue clean power generation, ClimeCo can assist with project finance, evaluation of energy technologies, design considerations, permit requirements, financial analysis, and a myriad of other considerations. ClimeCo assists our clients in navigating these paths to arrive at a solid, clean energy project.
ClimeCo provides both technical and policy & advisory services to entities that wish to voluntarily employ the use of renewable energy or respond to state or provincial Renewable Portfolio Standard (RPS) mandates. Understanding RPS regulations, renewable energy technologies, and renewable projects can be daunting; this is especially true as customers work to meet their sustainability objectives. Therefore, we tailor our services to meet the specific requirements of each client and application.
Renewable Portfolio Standard Compliance
By their very nature, RPS programs are a creature of legislation and regulation. State, Provincial, and Federal governments set mandates that require a certain percentage of the overall regional power that is provided to an end-user to come from clean resources. Just what those resources are, and which programs they apply to, varies by each governmental jurisdiction. Some states or provinces have similar requirements and even reciprocity of sorts, while others do not. This truly creates a patchwork of requirements with many pitfalls. ClimeCo assists our clients in understanding these provisions and helps them to achieve compliance by formulating REC trading plans and compliance strategies that meet their needs.
Renewable Power for Voluntary Sustainability Planning
An ever-increasing number of entities are making the commitment to employ “green” or “clean” power. Such clean power is often seen in RPS mandates (e.g., solar, hydro, or wind to name a few), but others may choose to seek certification to the Green-e standard or even utilize uncertified voluntary RECs. In either instance, we assist our customers by helping them understand renewable technology, certification standards, and clean power. Many also seek our expertise with the development and execution of clean power acquisition plans to cost-effectively achieve their environmentally beneficial goals.