Renewable Energy Certificates (RECs) & Carbon Credits
RECs
Renewable Energy Certificates (RECs) represent the environmental attributes of renewable energy generation and are used to track and verify the production and use of renewable energy. Each REC certifies that one megawatt-hour of electricity was generated from a renewable energy source and can be bought and sold independently of the electricity itself.
RECs provide a means to support and incentivize renewable energy development, as companies can purchase RECs to offset their carbon emissions and demonstrate their commitment to sustainability. This allows renewable energy producers to generate additional revenue streams from the sale of their RECs, which can help to make their projects more financially viable.
The use of RECs is also a way to comply with renewable energy mandates and goals set by governments and other organizations, as they provide a means to demonstrate the use of renewable energy sources in meeting these targets.
How RECs Work
Asset Owners and Developers
Are you the owner or developer of a renewable energy project? Whether your project is already registered or not, we would be delighted to hear from you.
Our company has forged strong relationships with industry stakeholders, including market players and end-users who are continuously seeking high-quality and sustainable products like yours. Our team has the expertise to match your project with interested parties, and with our in-depth knowledge of the RECs market, we can effectively market and sell your RECs at competitive prices.
Corporate Businesses
The RECs offered by Saxon Renewables are accredited by either the International REC Standard Foundation (I-REC) or the Tradable Instrument for Global Renewables (TIGR) Registry, the two key independent global RECs accreditations that ensure verification of trades and adherence to best practices in the sector.
Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol.
Carbon Credits
Voluntary Carbon Credits
Businesses aiming to achieve carbon neutrality can neutralize their carbon footprint using the equivalent volume of carbon offset credits.
Through our broad network of suppliers and corporate buyers worldwide we can provide liquidity for high-quality carbon credits from Renewable Energy to Nature-Based Solutions and Household projects, all verified by the most robust standards (VCS, GS, CDM, ACR, CAR)
Are you aware that many of the carbon projects are contributing positively towards the sustainable development of underprivileged regions worldwide?