Energy Solutions can help you reduce your energy bills
Energy Solutions can help you reduce your energy bills
Monetize Your Green Attributes
Are you a renewable energy asset owner looking to monetize your green attributes? With our REC
services, you can:
Enjoy zero upfront costs and a hassle-free process.
Secure passive recurring income, enhancing your existing solar plant’s benefits.
Support the renewable energy market and improve accessibility to clean energy.
Compliance and Sustainability
If your company aims to comply with ESG reporting and build a sustainable image, our REC
services provide:
A pathway to reduce Scope 2 emissions and meet sustainability goals.
A chance to showcase your company’s commitment to renewable energy
A strategy for reducing your carbon footprint without the capital expenditure on
renewable energy facilities.
REC mechanism is a market-based instrument to promote renewable energy and to facilitate the
integrity of renewable energy purchase.
One REC represents 1MWh of renewable energy generated.
Typically, RECs are segregated into two categories - bundled and unbundled. Bundled RECs are
RECs that are sold with their associated energy produced whereas unbundled RECs are sold
separately from the underlying energy. Both kinds of RECs can be generated from various
renewable sources such as solar, wind & hydro.
RECs are part and parcel of your renewable power plant. Selling RECs will encourage and promote
investment into your plant, at the same time you will be able to generate passive recurring income
for your business. At Solarvest, we offer you a hassle-free experience to sell your RECs.
By purchasing RECs, you are one step closer to achieve your company’s sustainability goals while
promoting the green agenda and also boost your company’s sustainability image on a global scale.
In Malaysia, if you are an owner of a solar plant or solar rooftop asset, you will be able to sell RECs
as long as you are not under the LSS scheme. Other schemes like NEM, SELCO & FiT are also
allowed to sell RECs. If you are uncertain, talk to us and we will help in verifying your solar asset’s
credentials.
You will receive an internationally recognised certificate that proves the credentials of your
renewable energy source.
Our REC transactions are done utilising blockchain technology as they are tangible assets.
Blockchain technology is a distributed database or ledger that is shared among many computer
networks so that the transactions cannot be altered. Each REC is generated with a unique serial
number that is specific to the REC itself. Through this, you will be able to verify your ownership of
each REC that you purchase
Is there a limit to the amount of RECs I can purchase?
This depends on your sustainability targets. Most companies typically purchase RECs that is equal
or more than their energy consumption for a particular reporting year.
Ready to take the next step towards sustainability? Contact us today for a consultation or request
a quote to start your REC journey.
