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Malaysia kicks off Renewable Energy Certificates commercial trading

Malaysia kicks off Renewable Energy Certificates commercial trading

Launched on May 8, this system ensures that RECs through mGATS to be operated by Tenaga Nasional Bhd (KL:TENAGA), are internationally certified by reputable registries like the I-TRACK Foundation. The RECs will be restricted from being transferred abroad, ensuring they support Malaysia’s carbon footprint reduction and remain as compelling incentivies for high-value investments within the country.

The trading platform promotes transparent and traceable transactions, verifying that each REC represents one megawatt-hour of electricity from renewable sources such as solar, hydro, biomass, and biogas. The RECs canbe bundled with grid electricity or offered separately,,

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