EKI Energy Services Ltd. announced that it has signed an MOU with UK-based Inclusive Energy Ltd. (IE), engaged in the business of manufacturing and supply of smart meters for biogas and DC solar systems, and associated software platforms. The purpose of MOU is to deepen and strengthen the strategic partnership to further digital carbon MRV for energy projects in the voluntary carbon market. Smart Biogas meters are specifically designed for small and medium-scale biogas plants and can enable Digital - Monitoring Reporting and Verification (D-MRV) to replace manual data collection which is often questioned for its integrity and costs. The biogas meters have been accepted by CDM and Gold Standard through 2 methodology deviations approved by CDM and Gold Standard.

Under the collaboration, EKI and IE will explore the opportunities for, and promote the use of, digital approaches to carbon MRV in the biogas market. EKI will also ensure feasibility analysis of carbon offsets certification with various international standards as per their existing rules & regulations, policy and market analysis. They will evaluate the risks and benefits of different international carbon offset standards, and end-to-end management of the carbon offset certification cycle including trading of offsets.

IE will be responsible for the installation and monitoring of performance parameters of Smart Biogas meters within shared projects.