Renewable Energy Certificates (RECs)
Reduce Scope 2 Emissions and Achieve Sustainability Goals Quickly
What Are RECs?
Renewable Energy Certificates or RECs, are market-based instruments that represent the generation of renewable energy from sources such as solar, wind, and hydropower.
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 (RE).
Unlock Cost-Saving Benefits
Adopt RE without Installing Physical Facilities
Offset Scope 2 Emissions & Reduce Carbon Footprint
Why RECs?
Promote Clean Energy Commitment
Achieve ESG Targets
Meet Sustainability Reporting Requirements
What Should You Consider When Buying RECs?
Verification & Certification
It is crucial for RECs to be certified and verified by responsible organisations. This ensures that RECs are legitimate and represent actual renewable energy generation.
Price
RECs can vary in price, depending on the provider and the type of certificate. While it is important to consider price, it is also key to choose a provider that offers high-quality, legitimate RECs at a fair price.
Tracking & Reporting
Ensure that you can track and report the environmental and social benefits associated with the purchase of your RECs.
Quantity
Based on your energy usage and desired level of carbon offsetting, determine the quantity of RECs you need to purchase.
What Does Progressture Offer?
WE BUY
This solution is designed for RE asset owners who are looking to monetise their green attributes. The benefits are as follows:
Seamless transaction process
Passive revenue stream
Contribute to RE accessibility
WE SELL
Companies may purchase RECS from us to comply with ESG reporting while increasing sustainability reputation. The benefits include:
Showcase RE commitment
Reduce Scope 2 emissions
Save costs while supporting RE
