Sustainiam Onboards 400 MW Portfolio Of Brookfield Assets In India

Sustainiam, a climate tech startup, and a carbon management solutions provider, onboarded 400 MW of renewable assets from Brookfield, a global renewable energy provider, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, to help Brookfield expand its renewable energy capabilities in India and beyond.

The 400 MW portfolio, which is now being processed for I-REC registration through Sustainiam’s issuance and trading platform, will enable Brookfield to tap into the growing demand for renewable energy certificates, ensuring their assets generate verified and tradeable I-RECs. Through this initiative, Brookfield expands its operations in India, where it currently oversees more than 25 GW of wind and solar assets, with plans to scale its renewable energy footprint further. I-REC stands for International Renewable Energy Certificate. I-RECs are a globally recognized standard that certifies the renewable origin of electricity. They can be used to document renewable energy consumption and report greenhouse gas emission reductions.

Sapna Nijhawan, Founder and Chief Executive Officer (CEO) of Sustainiam, commented on the partnership saying  “The onboarding of this portfolio is a testament to our platform’s capability in streamlining the complex process of I-REC registration and trading, ensuring Brookfield’s renewable energy assets are fully optimized for carbon markets.” With Sustainiam’s platform, Brookfield gains access to real-time tracking and trading of I-RECs.

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Brookfield recently acquired a controlling stake in Leap Green Energy, a prominent player in India’s renewable energy market. The partnership between Brookfield and Sustainiam aims to streamline the carbon credit certification process, making it easier for Brookfield to achieve its decarbonization goals while contributing to global renewable energy transitions.

Sustainiam has already built partnerships with major brands, including Sheraton Hotels & Resorts, ITC Responsible Luxury, WelcomHotel, Cargill, Radisson, and Coca-Cola, offering them real-time insights and streamlined solutions for managing and trading renewable energy certificates. The addition of Brookfield to its client portfolio further strengthens Sustainiam’s leadership in the carbon management space.

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