Home / News / T-RECs.ai and ROOTCLOUD: Collaborate on industrial carbon and renewable energy management

Singapore | ROOTCLOUD and T-RECs.ai signed a Memorandum of Understanding (MOU) to collaborate on industrial carbon and renewable energy management.

In the presence of Mr. Alex Loh, Business Development Director, T-RECs.ai, and Mr. Michael Zhao, Director, Global Partnership & Solutions, ROOTCLOUD Technology, Mr. Jen Wee KANG, Founder & CEO, T-RECs.ai, and Mr. Ho Howe Tian, Managing Director, ROOTCLOUD Technology, signed the MoU.

In response to Paris Agreement(2020) requirements on carbon emissions, from government to industrial organization, they both try to find a pathway to achieve net-zero goal. In this case, manufacturing companies are facing challenge on chasing environment-friendly and sustainable development. ROOTCLOUD has leading technology in IIoT and blockchain technology, which can help enterprises track carbon footprint and reduce energy emissions.

T-RECs.ai is an excellent partner who can offer a full suite of services to manage Renewable Energy Certificates (RECs) to offset scope 2 emissions. T-RECs.ai’s blockchain-enabled RECs trading platform can accurately track and certify transfer of ownership and retirement of RECs, enabling clients to achieve their energy sustainability goals.

In response to Paris Agreement(2020) requirements on carbon emissions, from government to industrial organization, they both try to find a pathway to achieve net-zero goal. In this case, manufacturing companies are facing challenge on chasing environment-friendly and sustainable development. ROOTCLOUD has leading technology in IIoT and blockchain technology, which can help enterprises track carbon footprint and reduce energy emissions.

Collaborating with T-RECs.ai enables a combination of ROOTCLOUD’s IIoT and blockchain technology in carbon footprint tracking and energy management and T-RECs.ai’s trading platform.It establishes a business model from verifying companies’ renewable energy assets and their energy production. As a result, itenables companies to trade their verified RECs on T-RECs.ai’s RECs trading platform, helping companies achieve sustainability and increase revenue in the future.

“It is an exciting moment for ROOTCLOUD,” said Mr. Ho Howe Tian, Managing Director of ROOTCLOUD (SEA & ANZ) “We are dedicated to helping industrial enterprises to stay competitive in the Net Zero economy by providing the technology in IIoT and blockchain. This collaboration with T-RECs.ai makes our Smart Carbon Management Platform more functional and increases its competitiveness with buying, selling and retiring RECs services offered by T-RECs.ai to ROOTCLOUD’s clients. And this cooperation will also become an important exploration in the process of industrial carbon neutrality factor and bring sustainable profits to our clients.”

About ROOTCLOUD

Established in June 2016, ROOTCLOUD TECHNOLOGY CO., LTD (hereinafter referred to as “ROOTCLOUD”) is a company specialized in building the IIoT operating system — ROOTCLOUD Platform to provide a new foundation for industrial digital transformation. Based on cross-industry IIoT platforms, we build IoT connection products, industrial apps, data intelligence, and innovative applications to offer industrial enterprises efficient & reliable digital transformation services with low cost and few barriers.