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Sembcorp launches renewable energy certificate aggregator platform
Published Tue, Apr 14, 2020 · 09:50 PM
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Singapore
SEMBCORP Industries has launched a renewable energy certificate (REC) aggregator platform backed by its renewable power capacity in China and South-east Asia, the conglomerate said on Tuesday.
RECs are tradable certificates or proofs of electricity generated by renewable sources.
The platform puts RECs up for sale in bulk, combining Sembcorp's RECs with RECs from different sources. The group's own RECs will help ensure high liquidity on the platfo…
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