REDEX Group, founded in 2018 by Jen‑Wee Kang, provides a full suite of REC management solutions including asset registration, verification, trading, and retirement. The company positions itself as a first-mover in Asia and operates an API-integrated Platform Operator Account on I-REC, the world’s largest RECs registry. REDEX has announced partnerships such as supporting China Southern Grid in its role as an I-REC issuer. Its stated mission is to accelerate the world’s transition to renewable energy by streamlining and digitizing REC issuance and trading. Management reports rapidly growing demand—saying the number of RECs issued and retired is more than doubling year on year—and sees potential to apply RECs in industrial commodities like green aluminium, steel, and cement.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2023