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.
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.
REDEX Group Pte Ltd operates Asia’s leading trading platform for Renewable Energy Certificates (RECs). We offer a one-stop ecosystem for RECs, supporting clients through the full RECs lifecycle – asset registration, production verification, marketplace, and retirement.
As an early mover in Asia with a proven track record, REDEX is developing practical and innovative solutions to meet the clean energy needs of corporates globally. The company’s mission is to accelerate the world’s transition towards renewable energy.
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