DevvStream Adds Hydroelectric Power Facility to its Asia I-REC Program
Portfolio Pulse from
DevvStream Corp. has acquired ownership of renewable and carbon assets from a hydroelectric power facility in Indonesia, which will generate I-RECs starting in 2025. The Southeast Asia hydroelectric market is projected to grow significantly by 2029.
December 18, 2024 | 12:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DevvStream Corp. has secured ownership of renewable and carbon assets from a hydroelectric facility in Indonesia, enhancing its I-REC program. This strategic move positions the company to benefit from the growing Southeast Asia hydroelectric market.
The acquisition of renewable and carbon assets from the Indonesian hydroelectric facility strengthens DevvStream's I-REC program. The expected growth in the Southeast Asia hydroelectric market further supports a positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100