South Pole launches world’s first Indonesian I-REC project
South Pole is offering the first and so far only international renewable energy certificates (I-RECs) available in Indonesia from a pioneering and award-winning mini hydropower plant in Bali, after the I-REC Standard Board recently approved Indonesia as a new I-REC country.
The Muara Hydropower Plant is a significant milestone in the island's journey towards a clean energy future. It feeds renewable electricity into the local power grid, through two turbines that convert energy from flowing water into power. This reduces emissions by lowering the island's reliance on coal and diesel power plants to support its growing energy demands, notably from the tourism sector.
"South Pole is proud to have supported Indonesia's transition to low-carbon power over the years and now that it is becoming an I-REC country, we are excited to offer our clients new opportunities to action their climate commitments. We will soon register more exclusive I-RECs projects in Indonesia, building on our extensive portfolio and long-standing presence in the region." Marie Christine Bluett, Head of Renewables Portfolio Management, South Pole.
The Muara Hydropower project also supports local sustainable development. With 90% of the 27 jobs created through the project going to locals, the community benefits from greater economic opportunities. Additionally, showcasing environmental commitments is becoming increasingly important for tourists. The Panji Muara Raya company implementing the project, plants trees in a protected area and supports water resource management on the island.
For more information on the Muara Hydropower project, download the factsheet
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