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.
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.
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
Reducing carbon footprint by offsetting Scope 2 emissions
Adopting RE sources without installing any physical facilities
Cost saving benefits and flexibility in meeting RE goals
Promoting company's commitment to clean Energy
Meeting sustainability and ESG target
What to Consider When Buying RECs?
Type and Source of Renewable Energy
Consider the type of renewable energy that the RECs are associated with, such as solar, wind or hydro.
Compare the price of RECs from different suppliers to ensure that you are getting a fair and competitive price.
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?
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.
Passive revenue stream on top of existing RE investments.
Increasing accessibility of renewable energy.
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.
Reduces operational Scope 2 emissions.
Great cost savings without the installation of RE facilities.