Founded by the I-REC Standard Foundation (IRESF), a Dutch non-governmental organization, I-REC implemented in 2014. It has a robust electricity attribute tracking system that records and tracks renewable electricity production in regions outside of Europe and North America.
The applicable region includes areas in Asia and Europe (Turkey, Saudi Arabia, China, India, Japan, Thailand, Indonesia, Malaysia, Philippines, etc.), South America (Brazil, Argentina, Chile), Africa (Egypt, South Africa, Congo, etc.) and Oceania.