White Certificates definition

White Certificates means trading certificates issued by GSE as per Ministerial Decree 11 January 2017, as subsequently amended by the Ministerial Decree 10 May 2018, with the aim of promoting energy efficiency.

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Examples of White Certificates in a sentence

• Project activities claiming Green or White Certificates, or equivalent certificates, shall NOT be eligible for Gold Standard registration unless Project Proponents provide a clear and convincing demonstration that no double counting would arise from the issuance of Gold Standard carbon credits.

• If, after the Effective Time, Black & White Certificates are presented to the Buyer, they shall be canceled and exchanged in accordance with this Section 1.2 hereof, subject to Section 1.4 with respect to Escrow Shares.

• The Act on Energy Efficiency was approved by the Parliament on April 15, 2011, and promulgated by the President on April 29, 2011, thereby establishing the Borrower’s White Certificates Program as a mechanism to meet its energy efficiency targets.

• The actions taken by the Borrower under the Program include the following: The Act on Energy Efficiency was approved by the Parliament on April 15, 2011, and promulgated by the President on April 29, 2011, thereby establishing the Borrower’s White Certificates Program as a mechanism to meet its energy efficiency targets.