The wind keeps blowing when a sponsor goes bankrupt. TerraForm Power’s second act shows how much else has to work before renewable energy becomes a durable business.

After years selling solar equipment and panels, Jen Wee Kang founded REDEX to connect renewable generators with electricity buyers. His work keeps returning to a practical question: how can more people take part?
REDEX is a Singapore-based climate-tech company that runs Asia's leading marketplace and management platform for Renewable Energy Certificates (RECs). Its digital ecosystem covers the full REC lifecycle - asset registration, production verification, marketplace trading and retirement - helping renewable generators monetize their output and helping corporates cut Scope 2 emissions and meet ESG targets. Backed by a $10M Series A led by Aramco Ventures, REDEX combines a blockchain-enabled public ledger, an I-REC-integrated trading system and corporate tools to make cross-border green-energy claims transparent and verifiable.