REDEX operates Asia’s leading digital platform for Renewable Energy Certificates (RECs), offering an end‑to‑end ecosystem that handles asset registration, third‑party verification, marketplace trading, and retirement. By integrating with international standards such as I‑REC(E) and China’s Green Electricity Certificate, the platform enables corporations to source verified renewable electricity from over 60 countries and helps generators monetize their output with automated, blockchain‑enabled traceability and API integration.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Companies seeking to meet Scope 2 emissions targets often lack a simple, trustworthy way to procure and retire renewable energy certificates, especially across diverse regions where local certification schemes differ or are unavailable.
Solution
REDEX operates Asia’s leading digital platform for Renewable Energy Certificates (RECs), providing a unified, end‑to‑end ecosystem that covers asset registration, third‑party verification, marketplace trading, and retirement. By integrating with international standards such as I‑REC(E) and China’s Green Electricity Certificate (GEC), the platform enables buyers to source verified renewable electricity from over 60 countries and sellers to monetize generation assets with minimal administrative burden. Automated data collection, blockchain‑enabled traceability, and API suites (REAPI, REConnect, RESuite) streamline onboarding of both large generators and small‑scale devices, ensuring secure, single‑use transfer and preventing double counting. The cloud‑based marketplace matches certified RECs with corporate demand, while real‑time reporting tools support compliance with frameworks like the Greenhouse Gas Protocol, CDP, and RE100. This comprehensive solution reduces transaction costs, accelerates decarbonisation, and expands access to global renewable energy markets.
Target Audience
Primary customers are corporations and institutions that need verifiable renewable electricity for Scope 2 reporting, as well as renewable energy generators—ranging from large utilities to small‑scale solar owners—seeking to monetize their output.
Features
- Integrated trading platform (REHash) linked to I‑REC(E) and GEC registries for seamless buying, selling, and retirement of certificates
- Automated verification label for small‑scale renewable assets, reducing registration costs and enabling bulk issuance
- Blockchain and IoT‑based data capture ensuring immutable provenance and real‑time monitoring of generation
- Open API suite (REAPI, REConnect, RESuite) for easy integration with corporate ESG systems and third‑party applications
- Single‑use transfer mechanism that guarantees exclusive ownership and prevents double counting of certificates
- Compliance reporting dashboards aligned with GHGP, CDP, RE100, and other global sustainability standards