“By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals.”
Another stalwart that has registered with the group is Katoen Natie Singapore, a global chemical logistics company, who are already planning to launch Singapore’s largest single unit rooftop solar facility at a warehouse. The CEO of Katoen Natie Singapore, Koen Cardon, stated:
“We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.”
The concept of trading RECs on a blockchain-based platform is quite well appreciated by many as this enables even the smaller rooftop solar installations to participate in REC markets, that will be based on the peer-to-peer trading model.