REDEX has long been a trusted participant in Renewable Energy Certificate (REC) markets worldwide, enabling renewable energy adoption in Asia and beyond. This month, we achieved a significant milestone – REDEX’s first-ever trade of solar I-RECs in the Kingdom of Saudi Arabia (KSA)!
As KSA advances its renewable energy ambitions under Vision 2030, we are excited to be at the forefront of this transition, championing market transparency and broadening global access to credible clean energy solutions. Vision 2030 is KSA’s blueprint to achieve a sustainable future for the country. Central to this plan is the country’s ambition to transform its energy mix to include 50% renewable energy. To achieve this goal, KSA plans to invest USD270 million by 2030 in solar, wind and green hydrogen generation, and #battery storage technologies.
With the world seeking to build a more sustainable Earth, RECs will play an increasingly important role in verifying clean energy production and consumption. REDEX, with our innovative REC solutions, aims to be the catalyst that inspires more adoption of renewable energy in the Middle East, helping to accelerate the global energy transition.
Learn how REDEX can support your renewable energy journey. Contact us at enquiry@redex.eco or visit www.redex.eco.
