Renewable Energy Certificates (RECs) for Scope 2 Offset in Singapore

Renewable Energy Certificates (RECs) are tradeable certificates that represent the environmental attributes of 1 MWh of renewable electricity generated from sources such as solar, wind, hydro, biomass, or geothermal and delivered to the grid. Also referred to as Energy Attribute Certificates (EACs) or green energy certificates, RECs represent the clean energy attributes—not the electricity itself.

In Singapore, organisations can use RECs to support market-based Scope 2 emissions reporting and ESG goals without changing their electricity supply.

Why Buy REC Credits?

Purchasing RECs offers a measurable environmental impact while supporting corporate sustainability and compliance objectives. Below are the key benefits of using renewable credits in Singapore.

Lower Reported Market-Based Emissions

RECs allow companies to lower their market‑based Scope 2 emissions (emissions from purchased electricity) under the GHG Protocol’s market‑based accounting method by matching renewable energy attributes to consumption, even when grid electricity itself isn’t fully renewable.

Support ESG Goals and Reporting

Buying and retiring RECs strengthens disclosures in ESG frameworks such as CDP, GRI, and integrated sustainability reports by providing verifiable proof of renewable energy use.

Contribute to RE100 and Green Building Strategies

RECs can help organisations support global RE100 commitments (subject to RE100 eligibility criteria) and contribute to Green Mark strategies in Singapore when meeting SS 673:2021 requirements for traceability and credibility.

Encourage Renewable Energy Growth

Purchasing RECs signals corporate demand for renewable electricity. This helps encourage future investment in clean energy projects locally and regionally. RECs also provide revenue streams for renewable energy producers, supporting the growth of the renewable market.

Claim Renewable Energy Benefits Quickly

RECs allow organisations to act on climate and sustainability goals immediately by claiming the benefits of renewable energy in reporting. This can be done without waiting for on-site solar installations or new power contracts.

How Asiarecs Can Help You

Whether you’re working toward sustainability targets or looking to unlock value from your renewable assets, Asiarecs delivers end-to-end REC procurement and trading solutions across Singapore.

Buy RECs

Source high-quality Singapore RECs and regional renewable energy certificates that meet international standards. Asiarecs manages selection, registry handling, retirement, and documentation, so you can focus on reporting and impact.

Sell RECs

If you own solar or renewable assets, Asiarecs helps you sell RECs and monetise your clean energy generation through verified registries and established buyer networks.

How to Choose & Buy RECs in Singapore

Selecting the right REC credits is essential for compliance, credibility, and cost efficiency.

Key Factors to Consider

Technology Type — Solar, wind, hydro, or biomass, depending on sustainability priorities
Geographic Origin — Singapore-origin RECs command a premium; Southeast Asia RECs offer cost-effective, SS 673-compliant alternatives.
Vintage Year — Must align with your reporting year (e.g. 2024 RECs for 2024 electricity consumption)
Registry Type — I-REC and APX TIGRs are both recognised by RE100, CDP, and the GHG Protocol
Volume — Match your electricity consumption in MWh for accurate Scope 2 offsetting

Note: We primarily offer unbundled RECs for flexible procurement. For bundled options via power purchase agreements (PPAs), contact us to discuss your requirements.

How It Works

Calculate — Review your electricity bills to determine total MWh consumption
Select — Choose REC technology, source, and vintage based on goals and budget
Secure — Asiarecs manages procurement, registry setup, and storage with no subscription fees
Redeem — RECs are retired on your behalf, and certification is issued for sustainability reporting

Types of Renewable Energy Certificates We Offer

Asiarecs provides a diverse portfolio of renewable energy certificates across multiple technologies.

Solar RECs

Sourced from certified solar installations across Asia, including rooftop systems like our 0.25 MW project at Kian Teck Drive, Singapore. Solar RECs in Singapore are ideal for organisations seeking locally-generated renewable energy certificates that meet RE100, CDP, and SBTI compliance standards.

Wind RECs

Generated from onshore wind farms like the 20 MW Huong Phung 2 project in Vietnam’s Quang Tri province. Wind RECs deliver strong environmental additionality and long-term decarbonisation impact.

Hydro RECs

Sourced from large-scale hydropower facilities such as the 944 MW Murum Dam in Sarawak, Malaysia. Hydro RECs provide stable, consistent renewable energy output—perfect for organisations requiring high-volume REC energy certificates for RE100 and climate target compliance.

Biomass RECs

Derived from organic waste-to-energy projects like Singapore’s 9.9 MW Shipyard Road Power Plant, which converts industrial and commercial waste into electricity. Renewable biomass energy supports circular economy initiatives while generating dispatchable power.

Biogas RECs

Generated from landfill gas capture projects such as the 2 MW Bukit Tagar facility in Selangor, Malaysia. Biogas RECs help reduce methane emissions while producing renewable electricity, offering dual environmental benefits for organisations committed to comprehensive climate action.

Why Choose Us?

Asiarecs combines regional expertise, compliance knowledge, and transparent pricing to deliver trusted REC energy solutions.

Pan-Asia Coverage — RECs sourced from 10+ countries across multiple technologies
No Hidden Fees — No monthly or annual subscription charges
Registry Support — I-REC and APX TIGRs sub-account creation and management
Compliance Expertise — Guidance on SS 673, RE100, BCA Green Mark, CDP, and GRI
Flexible Procurement — Spot purchases or forward contracts to manage pricing
Any Volume — Solutions for SMEs through to multinational corporations

Clients Served

0 ++

Years of Experience

of RECs handled

0 M++

Reviews

Fully compliant with Singapore Standard SS 673:2021 for REC management and verification.

Frequently Asked Questions About RECs

How much do RECs cost in Singapore?

REC prices vary based on technology, origin, vintage, and market demand. Singapore-origin RECs are typically priced higher than regional alternatives.

What’s the difference between RECs and carbon credits?

RECs address Scope 2 electricity emissions, while carbon credits offset emissions from other sources such as fuel combustion or industrial processes.

Can I sell RECs from my solar panels?

Yes. If your solar system is registered under an approved registry, you can generate and sell RECs from your renewable electricity production.

What are the Singapore REC standards and regulatory framework?

RECs in Singapore commonly follow SS 673:2021, alongside international standards such as the GHG Protocol and RE100 guidelines.

What’s the difference between I-REC and APX TIGRs?

Both are internationally recognised registries. The choice typically depends on project location, buyer preference, and reporting requirements.

Which registries does Asiarecs support?

We support I-REC and APX TIGRs, with full registry setup, transfer, and retirement services.

Ready to Discuss Your REC Requirements?

Whether you’re purchasing REC credits for ESG reporting or exploring opportunities to sell renewable certificates, Asiarecs is here to help.

Speak with our specialists to build a REC renewable energy strategy that aligns with your sustainability goals, budget, and reporting needs.