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Issuer

Marketplace

Market Reports

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News

Go To Marketplace

Global

English

About

About our company

Foton accelerates the energy transition by simplifying the renewable energy purchasing process and stimulate renewable energy investments.

8000

+ MW
Registered Capacity

50

+ TWh
Issued Certificates

250

+
Members

35

+ TWh
Annual trade
Our Story

The story behind how our company started

  Founded in 2019 in Istanbul, Foton responded to the lack of popularity in renewable energy procurement in Turkiye. Accredited by The International Tracking Foundation in 2020, Foton addressed the challenge of investor awareness and industry pricing transparency. The introduction of Foton Market in 2021 led to a tenfold increase in renewable energy procurement compared to 2020, reaching 3 million MWh. By 2023, Turkish renewable energy procurement exceeded 11 million MWh.

  In addition to addressing challenges in renewable energy procurement, Foton tackled another hurdle faced by industries and commercial entities in planning net-zero commitments and sharing sustainability scores publicly. Introducing Foton ECO, the platform assists industries and commercials in registering as a service, offering support in verification and reporting processes for enhanced sustainability efforts.

  Foton currently employs young professionals across its I-Track Issuer Operations, Foton Market Operations, Foton ECO Operations, and Engineering teams. In 2024, Foton initiated a joint venture with Transcap in Egypt, aiming to replicate its success in the Egyptian market.

Team

Meet the growing team behind Foton

Ecosystem

The engine of the Foton universe

Foton Universe

We accelerate the energy transition by simplifying the REC purchasing process and stimulate renewable energy investments.

Foton Issuer is a service to create local working instructions to adopt IREC Code locally for registrants.Foton Market is a service to create local market for the ecosystem to procure renewable energy.Foton ECO is a service for corporate companies to validate and verify their sustainability goals.

Issuer
Marketplace Operator
Labelling Authority
Ecosystem

We create tools for registrants, participants and beneficiaries of energy transition to create ecosystem in the market.

Foton supports renewable energy investors in IREC Standard registration, connecting power plant owners with IREC participants. It aids industrial and commercial entities in procuring renewable energy and verifying sustainability goals.

Registrant
investors renewable energy
Participant
consultants / brokers / traders
Beneficiary
industries / commercials