One-Stop Ecosystem for Renewable Energy Certificates (RECs)
Introducing REDEX
REDEX Group Pte Ltd provides innovative technological solutions that enable companies to adopt renewable energy with ease. Headquartered in Singapore, the Group developed and operates Asia’s leading trading platform for Renewable Energy Certificates (RECs). REDEX offers a one-stop ecosystem for RECs, supporting clients through the full REC lifecycle – asset registration, verification, marketplace and retirement.
A company committed to accelerate the global transition towards clean, green and renewable energy, REDEX won the 2023 Emerging Enterprise Sustainability Award in Singapore.
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Take Your First Step Towards a Greener Tomorrow with RECs
Ready to embark on your journey towards a sustainable future with renewable energy certificates? Contact us today and join the green energy revolution.
Frequently Asked Questions About RECs
What is a Renewable Energy Certificate (REC)?
How do Renewable Energy Certificates work?
How are RECs different from carbon offsets?
While RECs represent the generation of renewable energy, carbon offsets are measures taken to compensate for emissions elsewhere. RECs directly support renewable energy production, whereas carbon offsets can involve various projects like reforestation or energy efficiency initiatives such as solar energy systems.
Owners of RECs can claim use of low or zero emission electricity and lower their market-based Scope 2 emissions. Carbon credits are used to offset an organisation’s overall emissions (Scope 1,2 and 3).
Who issues RECs in voluntary markets?
APX is the issuer for the Tradable Instrument for Global Renewables (TIGR) while independent entities issue the I-REC. In Singapore, the Green Certificate Company is the I-REC issuer. Find out other issuers of the I-REC.
