Powerledger’s TraceX enables direct REC purchases from renewable projects
California, US, 27th January 2025, ZEX PR WIRE, TraceX by Powerledger is an environmental commodities trading marketplace which enables organizations to purchase Renewable Energy Certificates (RECs) directly from renewable energy projects.This allows businesses and organizations to buy and retire RECs directly from the TraceX marketplace without needing their own registry account or going through intermediaries. It provides a clearer view of the origins and costs of the RECs they purchase.
Traditionally, buying RECs through intermediaries can be opaque, leaving businesses with limited information about where their RECs come from and their associated attributes. By connecting businesses directly with renewable energy generators, TraceX guarantees full transparency, empowering business bu...