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Rosatom and Chiesi signed an agreement to acquire “green” I-REC certificates

JSC Atomenergopromsbyt (part of the wind energy division of Rosatom) and the Russian division of the Chiesi Group of Companies (Italy) signed an agreement on the acquisition of “green” certificates of the international standard I-REC, confirming the origin of energy from renewable sources.

The I-REC International standard is a non-commercial tool that provides a reliable system for tracking the origin of electricity around the world. The “green” I-REC certificate confirms that the electricity used by its owner is produced from renewable energy sources – solar, wind, water, its validity period does not exceed one year. The active use of I-REC certificates in Russia began in 2020, they are issued by all the largest producers of renewable energy.

Grigory Nazarov, CEO of NovaVind JSC., said:

We understand that the green agenda will continue to develop actively in the coming years. The transition of Russian companies to decarbonization is possible only if this process is open, transparency and active dialogue with all interested parties are ensured. The signed agreement certainly confirms that Rosatom is ready to provide its partners with various tools to implement their strategies in the field of responsible consumption, production and sustainable development.

Chiesi strives to reduce its environmental impact by implementing a model based on responsible consumption and production in order to preserve resources for future generations. The agreement provides for further repayment of the full amount of electricity that the Russian branch of Chiesi consumed in 2021.

Artem Molkov, an engineer at Chiesi Russia, said:

Taking care of the environment is not a trend of today, it is our reality and the responsibility of every player in the market. For Chiesi in Russia, this is a very big strategic step towards carbon neutrality. We are very pleased that we now have the opportunity to purchase green certificates and, thanks to the capabilities of Atomenergopromsbyt, we are making a contribution to the preservation of the environment.

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