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TotalEnergies to Trade Renewable Energy Certificates in Asia

Russia's Rosatom keen on opportunities in renewables, energy storage and other areas in India

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TotalEnergies said on Thursday it will register, verify and trade renewable energy certificates (RECs) generated by its solar assets on a trading platform owned by Singapore-based exchange

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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.

RECs are market-based instruments substantiating that electricity has been generated from renewable energy sources.

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