
Asiarecs
Asiarecs Pte. Ltd.
Singapore, Singapore
About
Founded in 2020, Asiarecs is a limited company headquartered in Singapore, Singapore specializing in Solar, Wind, Hydro.
Asiarecs is a Singapore-based provider of Renewable Energy Certificates (RECs) and carbon credits serving businesses in Singapore, Malaysia and wider Southeast Asia. It helps corporate buyers procure, hold and redeem RECs through I-REC and APX TIGRs registries to offset Scope 2 emissions, and helps renewable asset owners register generators and trade RECs. It also offers verified VERRA and Gold Standard carbon credits and a carbon accounting platform.
Headquarters
Founded
Company type
Focus areas
Products & services
Business models
Value chain
Service areas (3)
REC Procurement
Sourcing, purchasing, holding and redeeming Renewable Energy Certificates for corporate buyers to offset Scope 2 emissions.
REC Registration and Trading for Asset Owners
Registering renewable generators with I-REC and APX TIGRs, issuing and trading RECs on owners' behalf.
Carbon Credit Procurement
Supplying verified VERRA and Gold Standard carbon credits from Southeast Asian projects.
Locations
Headquarters
Marina Boulevard 12, 018982, Singapore, Singapore
Operating locations (1)
- Marina Boulevard 8, Singapore, Singapore
Service regions
Projects
5Kian Teck Drive rooftop solar
Rooftop solar installation supplying RECs.
Bukit Tagar landfill gas facility
Landfill gas capture project generating biogas RECs.
Shipyard Road Power Plant
Waste-to-energy plant converting industrial and commercial waste into electricity, supplying biomass RECs.
Murum Dam
Large-scale hydropower facility supplying hydro RECs.
Huong Phung 2 wind farm
Onshore wind farm supplying wind RECs.
Credentials & affiliations
Partnerships
I-REC, APX TIGRs
Frequently asked questions
published by the companyWhat are Renewable Energy Certificates (RECs)?
Renewable Energy Certificates (RECs) are official documents that prove a certain amount of electricity was generated from renewable sources like solar or wind. One REC equals one megawatt-hour (MWh) of green electricity. These certificates help businesses offset their Scope 2 emissions and meet sustainability goals.
How are Renewable Energy Credits created?
Renewable energy credits are created when a renewable energy source such as solar or wind generates one megawatt-hour (MWh) of electricity and transmits it to the grid. Each credit is uniquely numbered and includes metadata such as location of origin, type of renewable resource, and generation date. These transactions are tracked through trusted registries like I-REC and APX TIGRs.
What is the difference between Renewable Energy Credits and Carbon Credits?
Renewable energy credits (RECs) show the environmental effects of one megawatt-hour of power produced from renewable sources and are measured in units of electricity. Carbon credits are measured in metric tonnes of carbon dioxide equivalent and are earned by projects that reduce or remove greenhouse gas pollution. RECs focus specifically on green energy use, while carbon credits cover a wider range of emission reduction activities.
What are the benefits of buying Renewable Energy Certificates?
Benefits include: traceable certificates with unique serial numbers, supporting renewable energy market growth, encouraging zero-emission energy production, reducing carbon footprint, utilizing renewable energy without solar panel installation costs, and demonstrating corporate environmental responsibility in sustainability reports.
How do RECs offset Scope 2 emissions?
Scope 2 emissions are indirect greenhouse gas emissions from purchased electricity. To offset them: check your electricity bill for total usage in kWh or MWh, purchase equivalent RECs (1 REC = 1 MWh), and redeem them to certify your environmental impact. Once redeemed, you can report your contribution in sustainability reports.
What types of renewable energy assets can be registered for RECs?
Asiarecs supports registration of Solar PV (residential, commercial, farms), Wind Farms, Hydroelectric (run-of-river, dam), Geothermal, Biomass (wood processing, agricultural waste), and Biogas plants through I-REC and APX TIGRs registries.
What are the costs to register my renewable asset for RECs?
I-REC requires a one-time account fee of EUR 500 plus annual generator subscription of EUR 2,000 (5 years paid upfront). APX TIGRs has no one-time fee but charges up to USD 1,000 annually. Both registries charge issuance fees per REC issued.
Is it profitable for residential solar PV owners to sell RECs?
For small residential systems, self-registration may not be cost-effective due to high registry fees. Using an aggregator like Asiarecs eliminates annual account fees and provides flexible fee arrangements for smaller generators.
What is the difference between I-REC and APX TIGRs?
I-REC is a global standard requiring upfront 5-year subscription payment. APX TIGRs (Tradable Instruments for Global Renewables) charges annually with no one-time fee. Both are internationally recognized REC registries.
Can I trade RECs myself after registration?
Yes, Asiarecs can create a sub-account in I-REC or APX TIGRs for you to trade independently. Alternatively, we can manage registration, issuance, and trading on your behalf.
What is a carbon credit and how does it work?
A carbon credit is a permit representing one metric tonne of carbon dioxide (CO2) or equivalent greenhouse gases that has been prevented from entering or removed from the atmosphere. When you purchase carbon credits, you fund projects like renewable energy, reforestation, or clean water initiatives that actively reduce emissions.
What is the difference between carbon credits and RECs?
Carbon credits offset greenhouse gas emissions from any source (Scope 1, 2, 3), while RECs specifically address electricity-related Scope 2 emissions by certifying renewable energy generation. Both can be part of a comprehensive sustainability strategy.