SHANGHAI, April 1, 2025 /PRNewswire/ — Trina Storage, a global leader in energy storage solutions, has played a pivotal role in enabling Pacific Green to secure AUD 460 million in financing for the Limestone Coast North Energy Park. The 250MW/500MWh battery energy storage system (BESS), supplied by Trina Storage, will be one of the largest energy storage projects in South Australia.

Trina Storage’s Advanced Energy Storage Solutions Enable AUD 460 Million Financing

On March 19, Pacific Green announced that the Limestone Coast North energy storage project has successfully reached Financial Close, with 100% of the shares sold to Intera Renewables (Intera) in a transaction valued at AUD 460 million.  As both the battery cell supplier and BESS provider, Trina Storage delivered a state-of-the-art 250MW/500MWh BESS, backed by robust performance guarantees and warranties.  Trina Storage’s global experience and strong financial standing have been instrumental in bolstering investor confidence, making the financing a resounding success.

Trina Storage Secures Australia’s Rigorous Grid Connection Approval

As the BESS supplier for one of South Australia’s largest grid-connected energy storage projects, Trina Storage, in collaboration with Pacific Green, has successfully obtained grid connection approval (5.3.4a Letter) from ElectraNet and the Australian Energy Market Operator (AEMO). By meeting Australia’s rigorous GPS grid connection certification requirements and leading the critical R1 and R2 implementation phases, Trina Storage proves its advanced product performance and system integration expertise.

Trina Storage’s dedicated local technical support team in Australia has been pivotal in ensuring seamless project execution. From design and installation to operation and maintenance, the team provides end-to-end services, ensuring the highest standards of quality and reliability.

“We are honored to collaborate with Pacific Green on this landmark project.” said Andy Hsieh, Overseas Delivery and Service Director at Trina Storage. “Our team is fully committed to delivering high-quality energy storage solutions and ensuring the project’s successful execution. With our local expertise and technical capabilities, we are confident in providing comprehensive support to ensure the project’s seamless implementation.”

The Limestone Coast North project is the first in Pacific Green’s 10GWh Australian project pipeline to reach Financial Close, marking a significant step forward in the nation’s renewable energy transition. Trina Storage’s involvement not only highlights its leadership in the global energy storage market but also reinforces its commitment to supporting Australia’s ambitious clean energy goals.

View original content:https://www.prnewswire.co.uk/news-releases/trina-storage-powers-one-of-south-australias-largest-energy-storage-projects-with-remarkable-product-strength-enabling-aud-460-million-financing-302416879.html

Advertisement

DELRAY BEACH, Fla., April 1, 2025 /PRNewswire/ — The global Renewable Energy Certificate (REC) Market is anticipated to grow from estimated USD 27.99 billion in 2025 to USD 45.45 billion by 2030, at a CAGR of 10.2% during the forecast period. Majority of the countries are expected to develop REC trading platforms, making access and trading more convenient. The market is primarily driven by the growing corporate emphasis on sustainability to align with consumer preferences and increasing national disclosure requirements. Additionally, long-term factors such as corporate interest in Power Purchase Agreements (PPAs) and evolving regulations reinforce renewable energy certificates (RECs) as the key instrument for legitimately claiming renewable energy usage.

Browse in-depth TOC on ‘Renewable Energy Certificate (REC) Market’
174 – Tables
55 – Figures
202 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15096856

The solar power, by energy type

RECs, or Renewable Energy Certificates, are all about the environmental benefits of electricity produced from renewable sources like solar, wind, hydro, biomass, and geothermal energy. These certificates are essential for boosting the solar industry, acting as a financial motivator for solar power producers. As the world moves more decisively to cleaner forms of energy, so will RECs take on greater importance in this transition. With RECs, stakeholders can hence move towards a more sustainable future and speed up the use of renewable energy solutions.

1,001-5,000 KWH, by capacity

The Renewable Energy Certificate (REC) Market is witnessing consistent expansion across all capacity segments, fueled by the growing global emphasis on sustainable energy adoption. In this segment, above 5,000 KWh capacity continues to lead, reflecting uptake among industrial and commercial entities. The next growing segment is 1,001-5,000 KWh, since increasing businesses are taking advantage of the capacity while still pursuing their sustainability objectives. The segments having a capacity of less than 1,000 KWh are growing a bit faster because smaller consumers, which include residential and small commercial consumers, are also becoming aware of and taking up renewables. Thus, it is market growth driven by the combined support of income generation, corporate sustainability practices, and a change towards cleaner sources of energy.

Regional Analysis

In the recent past, the countries in Asia-Pacific have significantly started increasing the generation of renewable energy with the most focus on solar and wind energy. To facilitate the transition, they have set up several mechanisms and incentives like feed-in tariffs, RECs (renewable energy certificate) programs, and Renewable Energy targets. Key developments responsible for REC market growth in the region are China, Japan, and Australia. As an International Renewable Energy Certificate (I-REC), the market is booming across the region as a global framework for certification of production and usage of renewable equipment.

Key Players

Advertisement

Some of the major players in the Renewable Energy Certificate (REC) Market are 3Degrees, Inc. (US), Ecohz (Norway), Statkraft (Norway), Shell Energy (UK), EDF Trading Limited (UK), ENGIE (France), Enel Spa (Italy), STX Group (Netherlands). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=15096856

3Degrees, Inc.

3Degrees, Inc. is a globally recognized climate solutions provider and Certified B Corporation. The company specializes in renewable energy and decarbonization, helping organizations worldwide transition to a low-carbon economy. 3Degrees Inc. offers a comprehensive portfolio of Renewable Energy Certificates (RECs), enabling businesses to offset their electricity consumption with renewable energy sources. These RECs are sourced from diverse renewable projects, including wind, solar, and biomass, allowing clients to support sustainable energy initiatives while reducing their carbon footprint. The company also tailors REC portfolios to align with each client’s specific sustainability objectives. Apart from RECs, 3Degrees provides Carbon Credits, Renewable Thermal Certificates (RTCs), and Clean Fuel Standard Services

Enel Spa

Enel Spa is a multinational energy company based in Italy, operating in over 30 countries. It is one of the global leading integrated electricity and gas operators, focusing on the generation, distribution, and sale of electricity and gas. The company offers REC through its subsidiaries Enel Green Power S.p.A. and Enel Global Trading S.p.A. The company operate in both compliance and voluntary REC markets, assisting clients in meeting renewable energy mandates or achieving sustainability goals. The company has a global presence with major operations in Europe, North America, and Asia Pacific.

Statkraft

Statkraft is a Norwegian state-owned enterprise and one of Europe’s largest largest renewable energy producers and a global company in energy market operations. The company has evolved into a global leader in hydropower, wind power, solar energy, and other renewable sources. It is expanding globally to increase renewable power generation from water, wind and sun. Statkraft offers Renewable Energy Certificates (RECs), which are market-based instruments that certify the bearer owns one megawatt-hour (MWh) of electricity generated from a renewable energy resource. These certificates play a crucial role in promoting renewable energy by providing a mechanism for trading and tracking green energy production. The company conducts its business operations majorly in Europe, South America and Asia.

For more information, Inquire Now!

Related Reports:

Advertisement

Carbon Offset/Carbon Credit Market

Carbon Credit Validation Verification and Certification Market

Get access to the latest updates on Renewable Energy Certificate (REC) Companies and Renewable Energy Certificate (REC) Industry

About MarketsandMarkets^™:

MarketsandMarkets^™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets^™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore^™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

In addition, MarketsandMarkets SalesIQ enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.

Advertisement

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets^™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/renewable-energy-certificate-rec-market-worth-45-45-billion-by-2030–marketsandmarkets-302416691.html

VICTORIA, Seychelles, April 1, 2025 /PRNewswire/ — On March 21, 2025, the World Women Organization (UNWWO) successfully held the official parallel session of the 69th United Nations Commission on the Status of Women (CSW69) and the Global Women Leadership Summit at the United Nations Headquarters in New York, alongside the celebration of the 30th anniversary of the Beijing Declaration.

The summit brought together over a hundred global female elites from the United Nations, public welfare, business, political, and academic sectors. The representatives engaged in in-depth discussions on core topics such as female leadership, global influence, and sustainable development. During the event, leading figures and organizations that have made outstanding contributions to promoting female empowerment were grandly recognized. Among them, the globally leading digital economy platform KuCoin received the “2025 Corporate Social Responsibility Award” from the UNWWO. Representing KuCoin, CSR Director and Global Human Resources Director Sylvie Dong attended the forum and shared the company’s valuable experiences and steadfast determination in the field of corporate social responsibility.

KuCoin’s Three CSR Innovation Projects Focus on Women and Children

CSR has always been a clear and highly valued core thread throughout KuCoin’s development. In 2024, the company further increased its investment in CSR initiatives.

At the forum, Sylvie Dong provided a detailed introduction to a series of CSR projects that KuCoin had carried out throughout 2024. In collaboration with international organizations such as the United Nations, the American Medical Women’s Association (AMWA), the Smile Simon Green Building Foundation, the Global CSR Foundation, and the Office of the First Lady of the Bahamas, KuCoin launched three projects: “Light Up Africa” Children’s Solar Lamps, “Menstrual Equality” and “Climate Change Buckets”. These projects covered multiple regions, including the Bahamas, Suriname, and Nigeria, benefiting nearly 50,000 women and children.

“Light Up Africa” Children’s Solar Lamps: This project aims to provide solar lamps to school-age children in rural Africa, enabling them to continue studying at night and illuminating their futures. In February 2024, the first batch of 2,500 solar lamps donated by KuCoin was sent to 25 schools in Nigeria. In October, another 7,200 solar lamps were delivered to communities in Sierra Leone, Nigeria, and Ghana, benefiting more students. Sandra Edidion, a student at Nigeria’s Afaha Okonkwo Nwafor College, said, “With these solar lamps, I believe I can do it, and we can all read at night.”

“Menstrual Equality”: This project aims to help young girls and women from disadvantaged groups around the world by providing sustainable menstrual health solutions, enabling them to continue their studies and daily lives with dignity and confidence, and move towards a better future. In March 2024, 1,000 reusable menstrual kits sponsored by KuCoin were sent to three locations: Suriname, St. Jude’s Children’s Research Hospital, and domestic violence shelters in New York and California. At the end of December, the second batch of aid supplies was shipped to the Bahamas, providing much-needed sanitary products for 4,000 local women.

“Climate Change Buckets”: This project is committed to providing basic health protection for pregnant women, infants, and children worldwide, shielding them from the threats of pollution, deadly diseases, and extreme weather caused by climate change. Ann Marie Davis, the First Lady of Commonwealth of Bahamas H. E. Ann Marie Davis, expressed her gratitude for the project, saying, “These buckets will provide assistance to women and girls in communities facing climate change challenges.”

“Through these CSR projects, we have found that providing sanitary pads can significantly increase the return-to-school rate of girls in Suriname, and providing solar lamps can extend the average study time of children in Nigeria by several hours. These small changes are bringing great hope to children and women,” said Sylvie Dong.

KuCoin’s CSR Philosophy and Future Outlook

Advertisement

In her speech, Sylvie Dong emphasized that KuCoin’s CSR practices stem from the founders’ original intentions. The founders of KuCoin firmly believe that the significance of technology lies not in creating financial miracles but in ensuring that the most vulnerable groups can still maintain dignity in the digital age. KuCoin hopes that every employee’s work is meaningful, not only driving one of the world’s most influential industries but also making each employee proud when talking to their family and friends.

The CSR experience and achievements shared by KuCoin at the forum have attracted widespread attention and high praise from global outstanding female representatives present. Jing Zhao Cesarone, the official representative of the World Women’s Organization and the Chair of the Global CSR Foundation, stated at the meeting that she hopes this parallel session will empower global outstanding female leaders, focus and enhance global cooperation, and jointly achieve the goals of the Beijing Declaration. She believes that KuCoin has set an example for global enterprises, demonstrating the great potential and sense of responsibility of digital economy platforms in promoting social sustainable development.

Looking ahead to 2025, KuCoin will continue to increase its investment in CSR, deepen global sustainable development practices, and promote the improvement of global children’s welfare. Nancy Cheung, KuCoin’s Chief Sustainability Officer (CSO), said, “In the past year, KuCoin has achieved significant results in the CSR field and accumulated rich experience. In 2025, we will continue to work together with global partners and communities to build a more sustainable world through innovation and responsibility.” KuCoin will continue to advance the three key projects of “Light Up Africa” Children’s Solar Lamps, “Menstrual Equality,” and “Climate Change Buckets,” and actively seek new public welfare project opportunities.

In 2025, KuCoin is embarking on a new chapter of global compliance and sustainable growth, while further fulfilling its commitment to the United Nations Sustainable Development Goals (SDGs). KuCoin’s receipt of the “2025 Corporate Social Responsibility Award” from the World Women Organization is not only a recognition of its past CSR efforts, but also a testament to the global expectations for its future path in sustainable development. KuCoin will continue to uphold its core values of “security, user-first, and innovation,” striving to create greater positive impact on the global community and to contribute more to the well-being of women and children around the world.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

Photo – https://mma.prnewswire.com/media/2654980/image.jpg
Logo – https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/kucoin-receives-the-unwwo-2025-corporate-social-responsibility-award-302416810.html