TotalEnergies to trade renewable energy certificates in Asia

SINGAPORE, Dec 9 (Reuters) - TotalEnergies (TTEF.PA) said on Thursday it will register, verify and trade renewable energy certificates (RECs) generated by its solar assets on a trading platform owned by Asian exchange

The move is expected to generate additional revenue for Renewables Distributed Generation for Asia (TRDG), wholly owned by TotalEnergies to develop solar assets across Asia, the company said in a statement. will verify and register renewable energy generated by TotalEnergies' solar power plants as RECs on global registry APX TIGR. The certificates will then be traded on the's platform and sold to companies seeking to offset carbon emissions from operations powered by fossil fuels.

Reporting by Florence Tan; Editing by Himani Sarkar

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