REC

FirstEnergy Corporation (NYSE: FE) is seeking to expand its portfolio of Renewable Energy Credits (RECSs) and Solar Renewable Energy Credits (SRECs) for its Ohio utilities.

Intel (Nasdaq: INTC), which became the largest purchaser of green power in the United States in the US in 2008 has publicly announced that it will seek to cover 85% of it’s US energy usage with renewable energy purchases.

Furniture manufacturing giant IKEA is known for providing affordable furnishing. Its global presence has been marked by big blue warehouse sized stores with yellow trim. The Swedish company is working to also be known for its sustainable energy generation.

Renewable Energy Credits (REC) are quickly becoming a viable and quick option for companies and utilities to reduce their carbon footprint and meet new industry and government renewable energy standards.

Continuing its diverse support of clean energy, the New York State Energy Research and Development Authority (NYSERDA) will soon add Renewable Energy Credits (RECs) to its arsenal of funding for renewable energy research, development and project implementation.

Manager of the Empire State Building, Malkin Holdings announced that it has signed a contract to purchase 100% wind energy from Green Mountain Energy Company.