What are Renewable Energy Certificates (RECs)?
Renewable Energy Certificates (RECs) are an internationally recognized tool that allows companies to buy renewable power transparently and credibly. For project developers, RECs provide additional revenue for each megawatt-hour (MWh) of renewable power produced. For corporate buyers, RECs are crucial for achieving global sustainability goals.
In Malaysia, RECs are uniting key stakeholders to enhance renewable energy generation and promote sustainable economic growth. They align with the country’s Sustainable Development Goals and renewable energy targets and meet all international reporting standards for RE100, the Science Based Targets Initiative, CDP, and other major reporting frameworks.