Understanding Renewable Energy Certificates (RECs) with REDEX
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How can companies go net-zero? Download our whitepaper to learn more about how your company can get started with renewable energy!
Are you a business looking to improve ESG in your company?
Or are you a home owner looking to earn extra income from the renewable energy that you produce from your solar panels?
You can be a seller or buyer for Renewable Energy Certificates and play a part in the green economy with REDEX!
What are Renewable Energy Certificates? (RECs)
A REC is a legal instrument that conveys to its owner, the right to claim the associated environmental attributes of its generation of renewable energy resources. It represents the green attributes of the power.
When a renewable energy source produces 1 megawatt-hour (MWh) of electricity, one REC is produced.
RECs can originate from fuel generated from solar, wind, hydro or other renewable sources.
What are RECs used for?
Organisations can use RECs to claim that their home and business are powered by renewable energy.
Environmentally conscious organizations that want to reduce their greenhouse gas emissions can also use RECs to justify that they are using renewable energy sources.
RECs are an efficient way for individuals, companies and organisations to reduce their carbon footprint and support renewable energy.
It can also be used for ESG compliance reasons and certifications.
How it Works
Sellers
Buyers
About 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.
Introducing REDEX
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We are a market leader in Asia Pacific with a vast inventory of assets and RECs
Work with us to meet your sustainability goals and reduce carbon footprint
