A Renewable Energy Certificate, commonly known as REC, is a type of Energy Attribute Certificate (EAC) that represents the environmental benefits associated with producing one megawatt-hour (MWh) of renewable energy. RECs are tradable assets that quantify the energy generated from renewable sources, such as wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects.
Often, companies with net-zero targets, but have limited capacity to generate their own clean energy, purchase RECs. These certificates allow them to validate their use of renewable energy, offsetting electricity consumption from non-renewable sources. They provide a flexible and accessible means for entities at all levels to support the renewable energy initiatives.
Working with our partners, NEFIN offers RECs from Singapore, Malaysia, Thailand, and Greater China, covering a range of generation technologies. By selling RECs, renewable energy producers can access additional revenue streams, enhancing the financial feasibility of their projects. We also support companies in cancelling their RECs to meet sustainability objectives.
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