Every REC from T-RECs.ai is registered with a global renewable energy registry operated by APX.
APX have been operating since 1999 and manage RECs for North America and Singapore.
Each REC comes with a unique ID and is issued through the TRECs.ai blockchain platform which ensures it cannot be altered.
APX only process bulk transactions on RECs and retirement of RECs.
Hence, RECs issued to PacificLight customers are purchased and retired in bulk by PacificLight on behalf of its customers. RECs are retired upon disbursement to PacificLight customers. Retired RECs are recorded on both APX and T-RECs.ai platforms and cannot be re-sold.
T-RECs.ai is committed to enhance its trading platform for future trades and retirement of small RECs quantities for the consumers in Singapore. More news and updates on its platform will be shared at www.trecs.ai.