According to APX / TIGRs: “By issuing RECs in the TIGR Registry, project developers demonstrate compliance with the most rigorous verification standards. This enables them to conduct business with the world’s leading brands, and to substantiate compliance with standards set by: The RE100, CDP, the Greenhouse Gas Protocol, the Science Based Targets Initiative, the We Mean Business Coalition, the Business Renewables Council, and the Renewable Energy Buyer’s Alliance, the Green-e Standard among many more. The TIGR Registry enables developer-corporate REC transactions in each of the following arrangements:
- Renewable Energy Power Purchase Agreements
- Unbundled REC Purchases/Sales
- Green Tariff/Option/Pricing programs offered by electricity retailers
- Onsite generation coupled with attribute tracking
The global demand for renewable energy is growing fast. Corporate and industrial energy consumers want to buy renewable power using a credible tracking system. The TIGR Registry enables transparent, secure, and reliable tracking of RECs, backed by APX quality standards. APX’s 15+ years of experience working with the world’s leading brands. Transacting RECs through the TIGR Registry provides a layer of trust and credibility for buyers and sellers alike.” Source: https://apx.com/tigrs-overview/#Register