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ACHIEVE YOUR SUSTAINABILITY GOALS WITH RENEWABLE ENERGY SOURCES

What are Renewable Energy Certificates (RECs)?

Renewable Energy Certificates or RECs, are market-based instruments that represent the generation of RE from renewable sources such as solar, wind, hydropower, etc.

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1 REC is created for every 1 MWh of energy generated and it gives the owner the right to claim the use of renewable energy.

How Do RECs Work?

RECs track and validate the generation of 1MWh of renewable energy, which offsets Scope 2 emissions. With RECs, your company can claim that it is powered by RE sources.

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Progressture Solar is committed to helping companies transition to greener and cleaner operations

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Who Should Buy RECs?

Renewable Energy Certificates may be a good fit for your company if you:​

  • want to reduce your energy consumption and carbon emissions.

  • are facing difficulties installing renewable energy (RE) facilities such as rooftop solar panels.

  • have ambitious sustainability goals you are trying to achieve

5 Benefits of RECs

01

Reducing carbon footprint by offsetting Scope 2 emissions

02

Adopting RE sources without installing any physical facilities

03

Cost saving benefits and flexibility in meeting RE goals

04

Promoting company's commitment to clean Energy

05

Meeting sustainability and ESG target

What to Consider When Buying RECs?

Verification and certification

It is important that the RECs are certified and verified by responsible organisations. This ensures that the RECs are legitimate and represent actual renewable energy generation.

Price

RECs can vary in price, depending on the type of certificate and the provider. While it is important to consider price, it is also important not to choose a provider solely based on cost. Look for a provider that offers high-quality, legitimate RECs at a fair price. 

Quantity

Determine the quantity of RECs you need to purchase based on your energy usage and desired level of carbon offsetting.

Verification and Certification

Verify that the RECs are certified and verified by responsible organizations.

Tracking and Reporting

Ensure that you can track and report the environmental and social benefits associated with the purchase of RECs.

What Do We Offer?

WE BUY

This solution is designed for RE asset owners who are looking to monetise their green attributes. Among some of the benefits are:

  • A seamless and hassle-free transaction process.

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  • Passive revenue stream on top of existing RE investments.

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  • Increasing accessibility of renewable energy.

WE SELL

This option is for companies wishing to comply with ESG reporting while developing a sustainable image. The benefits below apply:

  • Showcases the company’s commitment to RE and sustainability.

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  • Reduces operational Scope 2 emissions.

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  • Great cost savings without the installation of RE facilities.

More than 300 companies worldwide have committed, and
we can help you do the same.

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Reduce your carbon footprint and reach your sustainability ambitions with us today

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