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Sembcorp Renewable Energy Certificate (REC) Aggregator Platform
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Why choose the SEMBCORP REC Platform?
The Sembcorp REC aggregator platform is a core technology offering within Sembcorp’s customisable suite of energy and environmental solutions that helps you, our customer, meet your sustainability targets.
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Powered by Blockchain Technology
Greater security, transparency and efficiency
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RE100-Recognised RECs
Assured authenticity and quality with third-party validation
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Convenient Portfolio Management Tool
Easy account management & sustainability reporting
Media Release
April 14, 2020 Launch News Release
We are excited to announce today our launch of Singapore’s first renewable energy certificate (REC) aggregator platform. Bringing you the highest liquidity and flexibility by combining the largest sources of RECs, including those from our renewable power capacity in China and Southeast Asia, our platform enables you to transact RE100-recognised RECs to meet your green energy requirements. We are pleased to have UBS and CapitaLand onboard as platform participants.
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UBS Quote
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"In UBS's long-term commitment to adopt a responsible and sustainable approach in doing business in the local communities, we are glad to be Sembcorp's first renewable energy partner in the financial services industry as announced last year. Today, we are delighted to be on board with Sembcorp's renewal energy certificates platform because we are assured of the liquidity and authenticity for RECs on their platform. Globally, UBS met our sustainability targets a year ahead of schedule with our core sustainable investments rising to USD 488 billion and cutting our carbon-related assets by more than 40%."
— Mr August Hatecke, Country Head, UBS Singapore
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What can our REC platform do for you?
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You will be able to access your account via a personalised REC portfolio dashboard that allows you to track and manage your RECs in real time.
You can buy, sell, allocate and retire your RECs via this easy-to-use platform.
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benefits for sellers
Benefits for Sellers
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No Minimum Selling Quantity
Suitable for sellers of all sizes
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Guaranteed Sale
We buy all RECs that meet our quality standards
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Convenient Settlement
Credits can be used to offset Sembcorp Power bills
benefits for buyers
Benefits for Buyers
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High Liquidity
Aggregator platform backed by Sembcorp's fast-growing regional renewable assets
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Flexibility in REC Allocation
Consolidate and manage RECs from different registries and geographies
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Meet Your Sustainability Needs
Great for RE100 companies looking to achieve green energy targets
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Backed By Our Renewable Assets
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Sembcorp’s wind power assets in China
Assets in Hebei and Inner Mongolia
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Sembcorp’s solar power assets in Singapore & Vietnam
A growing portfolio of grid-tied rooftop solar energy systems
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Integrated Solutions for a Sustainable Future
As a diversified energy, marine and urban player, Sembcorp is uniquely positioned to provide integrated solutions to meet our stakeholders’ needs. Leveraging technology and digital innovation, we draw on our deep understanding across our businesses and global track record to provide a suite of integrated energy and urban solutions that support the energy transition and sustainable development.
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Energy
Developer, owner and operator of energy and water assets with strong operational, management and technical capabilities
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Marine
Global leader in offshore & marine engineering focusing on four key capabilities: Rigs & Floaters, Repairs & Upgrades, Offshore Platforms and Specialised Shipbuilding
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Urban
Valued partner to governments with over 20 years’ track record in master planning, land preparation and infrastructure development to transform raw land into urban developments
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