North America renewable energy certificate market to reach US$ 12.04 billion | Market Size

November 7, 2025

11-07-2025 10:48 AM CET | Energy & Environment

Image credit goes to: astern-tech.com

Image credit goes to: astern-tech.com

North America renewable energy certificate market reached US$ 5.52 billion in 2024 and is expected to reach US$ 12.04 billion by 2032, growing with a CAGR of 10.24% during the forecast period 2025-2032.The market is growing due to Rising corporate sustainability goals, government mandates, and increasing renewable energy adoption drive market growth according to DataM Intelligence report.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):-https://www.datamintelligence.com/download-sample/north-america-renewable-energy-certificate-market?pratik

U.S. Market Recent Product Launch:

✅ 2025-10-01: New digital trading platforms launched to enhance transparency and liquidity in REC trading, aiming to ease corporate and utility procurement processes.

✅ 2025-09-09: NextEra Energy introduced expanded wind and solar REC portfolios, increasing availability for corporate sustainability goals.

✅ 2025-04-02: Green-e Energy rolled out verified voluntary RECs with blockchain tracking to assure traceability and reduce fraud risks.

✅ 2025-02-20: Several state-level utilities launched green tariff programs bundled with RECs to incentivize customer participation in renewable energy.

Japan Market Recent Product Launch:

✅ 2025-07-15: Japanese startups launched Japan-specific voluntary RECs linked with domestic solar farms to support local renewable generation.

✅ 2025-05-28: New REC certification product introduced to integrate with Japan’s carbon credit systems for corporate emissions reporting.

✅ 2025-03-10: Japan government-backed initiative launched digital REC trading to harmonize with Asia-Pacific clean energy markets.

✅ 2025-01-25: Introduction of bundled RECs with energy storage solutions for enhanced grid stability marketed to Japanese industrial customers.

Recent Mergers & Acquisitions in 2025:-

2025-08-12: U.S.-based Ecohz acquired a smaller voluntary REC provider, boosting its market share and service range in North America.

2025-06-03: Statkraft expanded its North American footprint by acquiring a renewable energy asset manager that includes REC portfolios.

2025-04-22: Japanese renewable energy company STX Group merged with local carbon offset firm to combine REC and carbon credit offerings.

2025-02-14: Green-e Energy formed strategic alliance with a U.S. blockchain tech startup to co-develop tamper-proof REC verification systems.

Top 3 Key Players of the Market:-

1. NextEra Energy Resources

-Leads with the largest renewable portfolio and strong REC programs like EarthEra®, ensuring high-quality REC supply.

2. 3Degrees, Inc.

-Dominates REC trading and consulting with 520+ million certificates delivered and top industry recognition.

3. Clearway Energy Group Inc.

-Expands rapidly through solar and wind assets, generating millions of RECs annually for compliance and voluntary markets.

DataM Intelligence has published a new research report on “North America renewable energy certificate market” reached Size 2025″.The North America renewable energy certificate market report would provide approximately 39 tables, 35 figures and 182 pages.

“Secure your 30% year-end discount – get this report before the offer expires.”

:https://www.datamintelligence.com/buy-now-page?report=north-america-renewable-energy-certificate-market?pratik ((Purchase 2 or more Repots and get 50% Discount)

Recent Market Development:

-2025-09-01: Introduction of digital ledger technologies in REC issuance enhances transparency globally, with the U.S. and Japan as pioneers.

-2025-07-10: Innovative REC bundling with energy storage and demand response services is improving grid management options.

-2025-05-05: Expansion of corporate renewable procurement via long-term Power Purchase Agreements ties directly to REC volume growth.

-2025-02-28: Regulatory frameworks are evolving to unify REC standards regionally to facilitate cross-border trading in North America and Asia.

🌍Recent Investments in 2025-

2025-09-20: $150 million invested in U.S. renewable energy projects linked with REC issuance to meet escalating demand from voluntary buyers.

2025-07-25: Japanese government launched a $75 million fund to support technology development in REC certification and trading platforms.

2025-05-30: Private equity firms backed renewable asset portfolios generating high volumes of RECs in both the U.S. and Japanese markets.

2025-03-12: Venture capital investments surged in startups developing blockchain-based verification systems for REC markets.

Latest News-

2025-10-10: Increasing corporate commitments to net-zero goals drive strong REC demand growth across North America and Japan.

2025-08-25: Market analysts report that digital REC platforms are reducing transaction costs and increasing market liquidity.

2025-06-18: U.S. utilities report higher REC procurement to comply with newly strengthened state renewable portfolio standards.

2025-04-10: Japan’s REC market sees growing integration with carbon markets, creating new investment and compliance opportunities.

Recent Government Approvals (2025):

2025-09-15: U.S. Federal Energy Regulatory Commission approved expanded REC trading frameworks enabling interstate transactions.

2025-07-30: Japanese Ministry of Economy, Trade, and Industry (METI) approved new guidelines for voluntary REC certification to boost corporate adoption.

2025-05-20: U.S. Securities and Exchange Commission recognized RECs as legitimate financial instruments under environmental asset regulations.

2025-03-05: Japan’s government authorized pilot programs for REC-backed green bonds to attract investment in renewables.

Get Customization in the report as per your requirements:https://www.datamintelligence.com/customize/north-america-renewable-energy-certificate-market?pratik

Key Segments covored :

By Type

-Compliance RECs: Purchased by utilities to meet renewable energy mandates set by state laws.

-Voluntary RECs: Bought by firms or individuals to offset emissions and show sustainability efforts.

By Certificate

-I-REC: Globally recognized REC ensuring renewable energy tracking beyond local borders.

-TIGR: Transparent registry offering trusted validation for cross-border renewable transactions.

-GEC: Guarantees renewable energy origin within specific national or regional frameworks.

By Energy Source

-Solar RECs: Issued for energy generated from solar PV or CSP systems promoting solar growth.

-Wind RECs: Linked to electricity from wind farms supporting large-scale wind power adoption.

-Hydro RECs: Represent clean power from hydroelectric plants ensuring sustainable water use.

-Others: Includes biomass, geothermal, and tidal RECs diversifying the renewable mix.

By End-User

-Industrial: Used by manufacturers to meet sustainability targets and reduce carbon footprint.

-Commercial: Adopted by corporations to enhance green branding and CSR performance.

-Residential: Purchased by eco-conscious households to support renewable power generation.

-Governmental: Enables public agencies to fulfill renewable procurement and policy goals.

Request for 2 Days FREE Trial Access:

https://www.datamintelligence.com/reports-subscription?pratik

✅ Competitive Landscape

✅ Technology Roadmap Analysis

✅ Sustainability Impact Analysis

✅ KOL / Stakeholder Insights

✅ Consumer Behavior & Demand Analysis

✅ Import-Export Data Monitoring

✅ Live Market & Pricing Trends

Have a look at our Subscription Dashboard:

https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us –

Company Name: DataM Intelligence

Contact Person: Sai Kiran

Email: Sai.k@datamintelligence.com

Phone: +1 877 441 4866

Website: https://www.datamintelligence.com

About Us –

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.