The Green Certificate Company

What The Green Certificate Company does

The Green Certificate Company (GCC) is a UK-based, privately held certification infrastructure provider founded in 1999 by CEO Ed Everson and headquartered at Church Studio, 400 Springvale Road, Sheffield (S10 1LP). GCC operates as the Central Issuer and Centre of Excellence for International Renewable Energy Certificates (I-RECs), accredited by the I-TRACK Foundation, and has extended this central issuer role to two adjacent instruments: C-Capsule, a tradeable instrument for durable Carbon Dioxide Removal (CDR), and Fly-i, a certification standard for Sustainable Aviation Fuel (SAF) sourced from renewable feedstocks. The company has certified 495+ TWh of renewable energy globally and issued more than 100 million wind I-RECs (up from 9 million in 2019), serving both large international power companies and micro-generators across Africa (Kenya), Asia (Philippines, Thailand, Malaysia), the Middle East (UAE), and Europe (UK).

The underlying technology is a set of registry platforms — the I-REC/E Registry, C-Capsule Registry, and Fly-i Registry — operated in partnership with Evident (evident.app, c-capsule.com, fi.evident.app). Each I-REC(E) certificate represents the environmental attributes of one megawatt-hour (MWh) of renewable electricity generated and added to a grid from a registered facility, enabling companies, governments, and individuals to substantiate Scope 2 emissions reduction claims under frameworks including the Greenhouse Gas Protocol, RE100, and ISO standards. Newer instruments, D-RECs and P-RECs, are I-REC(E)s carrying additional impact labels for distributed renewables in low-income communities and projects in conflict-affected regions respectively.

GCC monetises through certification fees on certificate issuance and management — usage-based pricing on a multi-year contract cadence for I-REC(E)s (with a revised fee structure effective 1 August 2024) and transaction-fee models for C-Capsule and Fly-i. Its go-to-market is enterprise field sales combined with a sales-led motion targeted at emerging markets in the Global South, where I-REC(E)s have been incorporated into national energy transition plans via legislation in countries including Kenya, Thailand, Malaysia, and the UAE. Notable flagship registrations include the 435 MW San Roque hydroelectric project in the Philippines (registered January 2021; 328,000 MWh certified to date) and the 46.8 MW Kesses 1 Solar Farm in Kenya (registered January 2024; 118,823 MWh certified).

Name

The Green Certificate Company

Legal name

The Green Certificate Company

Website

https://gcc.re

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

The Green Certificate Company (GCC) is a UK-based certification infrastructure provider serving as the Central Issuer for I-RECs, C-Capsule (carbon removal), and Fly-i (sustainable aviation fuel), certifying 495+ TWh of renewable energy globally for enterprises, governments, project developers, and micro-generators.

Ownership category

akta.pro rank

Product category

Renewable Energy Certification Services

akta.pro primary industry

REC/GO Issuance Registries & Tracking Systems (EUAMAKAA)

akta.pro secondary industries

REC/GO Certification, Verification & Auditing (EAC Standards) (EUAMAKAB), Certificate Retirement & Claims/Disclosure Management (Scope 2, Fuel Mix, Labeling) (EUAGAFAI), REC/GO Claims, Labeling & Consumer Programs (Green Claims, Eco-labels) (EUAMAKAK)

Keywords

• Renewable energy certificates
• Carbon dioxide removal
• Environmental attribute tracking
• Sustainable aviation fuel
• Scope 2 emissions verification

Headquarters

HQ city

Sheffield

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. I-REC(E) Certification Fees: GCC charges fees for the issuance and certification of I-REC(E) certificates. A revised fee structure for I-REC(E)s was made effective from 1 August 2024. The Residual Mix Deadline process also generates fee revenue for eligible production submissions.
2. C-Capsule Certification Fees: Fees for issuing and managing C-Capsule carbon dioxide removal certificates, for which GCC serves as Central Issuer.
3. Fly-i Certification Fees: Fees for certifying the supply of aviation fuel under the Fly-i programme, for which GCC serves as Issuer.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

The Green Certificate Company certifies renewable energy production and issues environmental attribute instruments including I-REC(E) (International Renewable Energy Certificates), C-Capsule (Carbon Dioxide Removal certificates), and Fly-i (sustainable aviation fuel certification). As the Central Issuer accredited by the I-TRACK Foundation, GCC operates registry platforms that issue, track, and redeem certificates enabling project developers to monetise renewable generation and corporate buyers to substantiate Scope 2 emissions reduction claims.

Product overview

The Green Certificate Company (GCC) operates as a certification and registry infrastructure provider offering three distinct certificate products: I-REC(E) — International Renewable Energy Certificates — as the Central Issuer and Centre of Excellence accredited by the I-TRACK Foundation; C-Capsule, a tradeable instrument for durable Carbon Dioxide Removal (CDR); and Fly-i, a certification standard for the supply of aviation fuel from renewable feedstocks. GCC provides access to its registries via the Evident platform (evident.app), supporting organisations in meeting environmental goals through third-party verification of renewable energy production.

Differentiator

Problem solved

Functional benefit

Products and services

• I-REC(E) (International Renewable Energy Certificates)

Quantifiable outcome

• 495+ TWh of renewable energy certified by GCC
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Kenya Power and Lighting Company (KPLC)coreStrategic or Co-development PartnerKPLC signed a 20-year Power Purchase Agreement (PPA) with Alten Kenya Solarfarms B.V., ensuring 100% of electricity from the Kesses 1 Solar Farm flows into Kenya's national grid. This PPA underpins the project's revenue model and the renewable energy certified by GCC.
• I-TRACK FoundationcoreStrategic or Co-development PartnerGCC is the Central Issuer and Centre of Excellence for I-RECs, accredited by the I-TRACK Foundation. The I-TRACK Foundation sets the rigorous international standards that underpin GCC's certification services. Each I-REC(E) certificate is based on I-TRACK's standards.
• EvidentcoreTechnology or IntegrationGCC leverages Evident's registry platforms (evident.app for I-REC(E), evident.global for documents/FAQs, and Fly-i) to deliver its certification services. Evident provides the digital infrastructure for certificate issuance, tracking, and redemption.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Green-e: Green-e is a consumer-facing renewable energy certification program run by the Center for Resource Solutions, widely used in North America to verify retail renewable energy claims. Green-e is a peer in the REC verification space with stronger North American consumer-market recognition.
• Gold Standard: Gold Standard is a major carbon credit and renewable energy certification body focused on projects with sustainable development co-benefits. It is a broad incumbent with overlapping buyer relationships in the corporate Scope 2 / voluntary carbon market where GCC operates.
• Verra: Verra is a globally recognized standards body that administers the VCS program for carbon credits and the GS Gold Standard for sustainable development. While broader than GCC, Verra competes for the same corporate sustainability buyer wallet and overlaps in renewable energy and emerging market project certification.
• ISCC (International Sustainability and Carbon Certification): ISCC is a globally applied sustainability certification system covering biomass, biofuels, and sustainable aviation fuels. ISCC is the dominant incumbent standard in the SAF certification space where GCC's Fly-i product competes.

Emerging players

• Isometric: Isometric is a science-based carbon dioxide removal registry that issues verified CDR credits with rigorous measurement, reporting, and verification standards. Isometric is a direct emerging competitor to GCC's C-Capsule offering and is attracting significant capital and corporate buyer sign-ups.
• Carbonfuture: Carbonfuture is a digital marketplace and registry for certified carbon removal credits with an emphasis on durable removal methodologies. It is an emerging competitor to C-Capsule, particularly in serving corporate CDR offtakers.
• Puro.earth: Puro.earth operates one of the leading carbon dioxide removal (CDR) registries, certifying durable carbon removal credits from biochar, BECCS, and other engineered removal pathways. Puro is the closest direct competitor to GCC's C-Capsule offering in the durable CDR certification space.

Direct peers

• APX Inc. APX operates several of the largest North American renewable energy certificate tracking systems, including GATS, M-RETS, NEPOOL-GIS, and the Texas REC registry. APX is a direct peer to GCC in providing registry infrastructure and issuance services for RECs and similar environmental attribute certificates.
• Association of Issuing Bodies (AIB): The Association of Issuing Bodies operates the European Energy Certificate System (EECS), the dominant hub for issuing and tracking Guarantees of Origin and RECs across European countries. AIB is the closest structural analogue to GCC in the GO/REC issuance space and competes for cross-border certificate issuance in mature markets.

Others

• Evident: Evident is the technology partner that operates the underlying registry platforms GCC uses to deliver I-REC(E), C-Capsule, and Fly-i issuance. Evident is a critical ecosystem enabler and adjacent technology vendor rather than a direct competitor, but its strategic priorities directly shape GCC's product delivery.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-green-certificate-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Green Certificate Company