REDEX

🇮🇩 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝟱𝟬 𝗚𝗪 𝗼𝗳 𝗻𝗲𝘄 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆   In its updated National Power Supply Plan (RUPTL), #Indonesia aims to increase the share of #renewable #energy in its electricity mix from the current 12% to 35% by 2035. Blessed with abundant solar, wind, and natural resources, the country possesses vast renewable energy potential. According to national utility PT PLN (Persero), a total of 71 GW of capacity will be added to the grid, of which 70% or nearly 50 GW will come from renewable sources.    𝗗𝗲𝘁𝗮𝗶𝗹𝘀 👍 Indonesia to install 71 GW of new energy capacity by 2035 👍 Renewables will contribute around 50 GW of new capacity   𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀  As a global supply chain hub, businesses in Indonesia have increased opportunities to leverage clean energy to power their operations and consequently, reduce the #Scope3 emissions of their customers. This provides a competitive edge to Indonesia businesses as large MNCs seek to #decarbonise and meet compliance requirements on #sustainability. REDEX operates Southeast Asia’s largest Renewable Energy Certificate (#REC) platform. Contact REDEX at enquiry@redex.eco to find out how we can support your renewable energy journey in Indonesia and Southeast Asia. #renewableenergy #cleanenergy #energytransition #innovation 

🇯🇵 𝗝𝗮𝗽𝗮𝗻 𝗧𝗮𝗿𝗴𝗲𝘁𝘀 𝟳𝟯% 𝗚𝗛𝗚 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗥𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟰𝟬   #Japan will progressively increase its #GHG reduction targets up to 2040. The new plan will see Japan cutting #GHGemissions by 60% from 2013 levels by 2035, and by 73% by 2040.   In addition, to advance the #energytransition while meeting rising power demand, Japan’s new energy plan aims to augment the country’s #electricity mix to comprise up to 50% renewables by 2040. Japan will also develop industrial clusters for renewable energy, nuclear power, and other low-carbon power sources. ♻️   𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀  For businesses operating in Japan, the increase in #renewables in the electricity mix augurs well for #sustainable operations. Companies will have increased opportunities to leverage renewable energy and reduce their #carbonfootprint. In addition, Japan’s ambition to stimulate growth in the renewable energy sector creates opportunities for new entrants to participate in the Japanese #power market and for existing players to expand their portfolio into renewable energy.   Contact REDEX to find out how we can support your #renewable #energy journey.   #renewableenergy #cleanenergy #energytransition #innovation 

REDEX is proud to share that we have earned the 𝗟𝗼𝘄𝗖𝗮𝗿𝗯𝗼𝗻𝗦𝗚 Logo 2024!   LowCarbonSG is a capability-building programme to enable local businesses in Singapore to start monitoring and where possible, reduce their #carbon footprint. In support of the Singapore Green Plan 2030, LowCarbonSG aims to demystify the #decarbonisation process for businesses in their transition towards lower carbon operations and investments.   LowCarbonSG is helmed by the Carbon Pricing Leadership Coalition (CPLC) Singapore, the decarbonisation arm of the UN Global Compact Network Singapore (GCNS), and supported by the National Environment Agency and Enterprise Singapore.   Earning the logo affirms the collective effort of REDEX and our employees in monitoring and limiting our carbon emissions. We will continue to contribute to the global #decarbonisation drive through sustainable practices and developing #innovative technological solutions to accelerate the global #energy transition. 🌱 Discover how REDEX can support your renewable energy journey at www.redex.eco.   #renewableenergy #cleanenergy #energytransition #climatechange

🇲🇽 𝗠𝗲𝘅𝗶𝗰𝗼 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝟳.𝟭𝟰 𝗚𝗪 𝗼𝗳 𝗡𝗲𝘄 𝗪𝗶𝗻𝗱 𝗮𝗻𝗱 𝗦𝗼𝗹𝗮𝗿 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗯𝘆 𝟮𝟬𝟯𝟬   As part of its plan to expand #electricity generation capacity by nearly 23 GW for the country, the Mexican government has announced plans to install and deploy 7.14 GW of new #wind and #solar #renewable #energy capacity by 2030. In total, the 𝘚𝘵𝘳𝘦𝘯𝘨𝘵𝘩𝘦𝘯𝘪𝘯𝘨 𝘢𝘯𝘥 𝘌𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘔𝘦𝘹𝘪𝘤𝘢𝘯 𝘕𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘌𝘭𝘦𝘤𝘵𝘳𝘪𝘤 𝘚𝘺𝘴𝘵𝘦𝘮 𝘗𝘳𝘰𝘨𝘳𝘢𝘮 includes 51 electricity projects spearheaded by the Comisión Federal de Electricidad, with the private sector contributing 6,400 MW, mostly from #renewables.   𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 👍𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝘂𝗽𝗽𝗹𝘆: The plan strengthens Mexico’s energy security while reducing overall carbon emissions 👍 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝘀𝗼𝗰𝗶𝗮𝗹 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Expanded electricity access provides remote communities with more and better quality economic and educational opportunities 👍 𝗔 𝗴𝗿𝗲𝗲𝗻𝗲𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝘆: As Mexico navigates the energy transition, businesses can start relying on renewable energy to power their operations and become more sustainable   As a crucial hub in regional and global supply chains, Mexican businesses are poised to become more #sustainable and enter an era of growth defined by clean energy and low carbon emissions.   Contact REDEX to find out how we can support your renewable energy journey in #Mexico and the #LatinAmerica region.   #renewableenergy #cleanenergy #energytransition #innovation #Latam

🇲🇽 I-REC Day Mexico will be a platform to provide information on I-REC certification and its impact on the #renewable #energy sector in #Mexico. Topics to be discussed include: the role of I-REC certification in supporting Mexico’s transition to a more sustainable energy model; growth and trends shaping the I-REC market in Mexico; and renewable energy procurement strategies. To be held on 21 February 2025 in Mexico City, I-REC Day Mexico is organised by NORMEX. NORMEX is the I-REC(E) Accredited Issuer for Mexico approved by The International Tracking Standard Foundation: Founder of I-REC.   🌱 Team REDEX will be at the event to share insights on renewable energy procurement and connect with like-minded peers to explore potential collaborations on accelerating the global transition to #netzero. We look forward to meeting you at I-REC Day Mexico 2025!   Drop us an email at enquiry@redex.eco to find out how we can support your renewable energy journey.   #renewableenergycertificates #renewableenergy #cleanenergy #innovation

𝗔𝗗𝗕 𝗣𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝗨𝗦$𝟭𝟬𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗘𝗩𝘀 𝗶𝗻 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀   The Asian Development Bank (ADB) has signed an agreement with Ayala Corporation to provide a financing package of up to US$100 million to develop the electric vehicle (EV) ecosystem in the Philippines.   𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 ✅ 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗱𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆: As EV adoption surges, demand for renewable electricity is likely to grow as well ✅ 𝗠𝗼𝗿𝗲 𝗘𝗩𝘀, 𝗹𝗲𝘀𝘀 𝗜𝗖𝗘 𝘃𝗲𝗵𝗶𝗰𝗹𝗲𝘀: With barriers to EV adoption gradually decreasing, businesses, especially in transportation and logistics, will find it easier to transition away from ICE vehicles to EVs, becoming more sustainable in the process ✅ 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻: Local businesses, who are part of a large supply chain network can lower Scope 1 emissions by transitioning to EVs, and reduce Scope 2 emissions by using renewable energy for EV charging, resulting in lower Scope 3 emissions along the supply chain   Contact REDEX at enquiry@redex.eco to find out how we can support your renewable energy journey.   #renewableenergy #cleanenergy #energytransition #innovation 

🇸🇬 🇲🇽 𝗥𝗘𝗗𝗘𝗫 𝗝𝗼𝗶𝗻𝘀 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲-𝗠𝗲𝘅𝗶𝗰𝗼 𝗖𝗵𝗮𝗺𝗯𝗲𝗿 𝗼𝗳 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 REDEX is excited to share that we are now a member of the Singapore-Mexico Chamber of Commerce!   The Singapore-Mexico Chamber of Commerce was established to improve communications, promote trade, investment and joint ventures between #Singapore and #Mexico. The Chamber’s Advisory Board includes diplomats and government ministers from both countries.   Singapore and Mexico enjoy a robust economic partnership with trade between both countries reaching US$3.8 billion in 2023. More than 200 Singapore companies have offices in Mexico and more than 80 Mexican companies operate in Singapore.   As REDEX makes strides to expand our global presence to #LatinAmerica, we look forward to contributing to and working with the Chamber in advancing the #energy transition in Mexico.   #cleanenergy #RenewableEnergy #innovation #energytransition

🇲🇽 The first I-REC Day Mexico will be held on 21 February 2025 in Mexico City. Organised by NORMEX, the The International Tracking Standard Foundation: Founder of I-REC Accredited Issuer for Mexico, the event aims to bring together a select group of sector professionals, associations, #sustainability consultants, and journalists to explore the role of Renewable Energy Certificates (#RECs) in advancing sustainability in Mexico. 🌱 Team REDEX will be at the event to share more about our #innovative technological solutions that support the whole REC lifecycle - asset registration, data verification, marketplace and retirement. We look forward to meeting you at I-REC Day Mexico 2025! #innovation #renewableenergy #cleanenergy #energytransition

REDEX celebrated the Year of the Snake 🐍, with the God of Fortune and an energetic Lion Dance blessing our office on Li Chun (立春), 4 February 2025.   Smiles and laughter filled the office as colleagues exchanged Prosperity wishes with one another. REDEX CEO Jen Wee KANG showed his appreciation to the staff by distributing red packets 🧧 to staff. He also presented Long Service Awards 🌟 to 15 colleagues.   Our Chinese New Year celebrations included a Prosperity Toss with yusheng (魚生) and a lunch buffet where everyone had the opportunity to mingle and build closer bonds with one another.   🍊🍊 Wishing everyone health and wealth in the Year of the Snake!   #CNY #springfestival

𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀 𝗛𝗶𝘁 𝟱𝟲% 𝗼𝗳 𝗜𝗻𝘀𝘁𝗮𝗹𝗹𝗲𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗶𝗻 𝗖𝗵𝗶𝗻𝗮 🇨🇳   In 2024, China’s cumulative renewable energy capacity reached a record high of 56% of the country’s total energy capacity, with 86% of new capacity installed in 2024 coming from renewables.   The renewable energy sector increased installed capacity by more than 373,000 MW, a 23% increase from 2023. Solar, wind and hydro- power contributed 278,000 MW, 79,820 MW and 13,780 MW respectively to this new capacity.   𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁  🌱 The International Energy Agency (IEA) forecasts China to have half of global installed renewable energy capacity by 2030 🌱 China will account for 60% of new capacity additions from 2025 to 2030   As China strives to achieve its dual carbon goals of achieving peak emission by 2030 and reaching carbon neutrality by 2060, the country is developing a green economy, with renewable energy as one of the engines.   Powering the green economy hand-in-hand with renewable energy are Green Electricity Certificates (GECs) which could catalyse increased investment in renewables. Using GECs, businesses can signal their support for clean energy, enhance their sustainability credentials, and achieve their sustainability goals in China.   Contact REDEX to learn more about GECs and how we can support your renewable energy journey.   #renewableenergy #cleanenergy #energytransition #innovation