Saxon Renewables

What Saxon Renewables does

Saxon Renewables is a Singapore-headquartered renewable energy and climate transition advisory firm founded in 2015. The company operates across 8 APAC countries and serves more than 1,000 companies across 30+ industries, with stated client segments spanning large corporates, commercial and industrial (C&I) buyers, charge point operators (CPOs), project developers, and APAC manufacturers. The firm's functional focus is on intermediating and advising across voluntary carbon and renewable energy markets, with positioning that references global corporate sustainability buyers including Apple, Google, Microsoft, Unilever, and EDPR.

The firm's core product set comprises five service lines: EVolve — a Verra-certified grouped EV charging carbon credit product built on methodology VCS 5416 (with VM0038 components); renewable energy certificate (REC) supply across the I-REC, TIGR, and EKOenergy standards; voluntary carbon credits issued under Verra and Gold Standard; Carbon Project Development Services covering methodology structuring, validation, and registration; and Climate Transition Planning consulting for corporate buyers. Saxon Renewables also structures and manages Solar Power Purchase Agreements (PPAs) on behalf of corporate offtakers.

The business model blends three revenue mechanics: transaction-based commissions and fees on REC and carbon credit trading; professional services fees for carbon project development and climate transition planning mandates; and recurring Solar PPA management and subscription fees tied to long-dated renewable energy supply contracts. Operations are anchored in Singapore with regional offices in Malaysia and Vietnam, and the firm maintains direct registration and operational relationships with the four major voluntary standards bodies — Verra, Gold Standard, I-REC Standard, and TIGR — which together provide privileged access to certified issuance pipelines.

Name

Saxon Renewables

Legal name

Saxon Renewables Pte. Ltd

Website

https://saxonrenewables.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Saxon Renewables is a Singapore-based renewable energy consultancy offering climate transition planning, REC and carbon credit trading, carbon project development, and Solar PPA services across 8 APAC markets, serving 1,000+ corporate clients.

Ownership category

akta.pro rank

Product category

Renewable Energy Consulting & Carbon Advisory Services

NAICS

Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

REC/GO Brokerage & Intermediation (EUAMAKAC)

akta.pro secondary industries

REC/GO Retail Supply & Green Tariffs (Bundled/Unbundled) (EUAMAKAF), Unbundled Renewable Attributes Trading (Standalone EACs) (EUAGAFAF), Environmental & Emissions Commodities Exchanges (Carbon, Renewable Certificates) (FSAFAMAE), Structured Renewable Products (Blocks, Shaped, Baseload, Peak, Firming) (EUAGADAE)

Keywords

• Renewable energy certificates
• Carbon credits trading
• Climate transition planning
• Solar power purchase agreements
• Carbon project development

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Renewable Energy Certificates (RECs) Trading: Saxon Renewables facilitates the purchase and sale of RECs (I-REC, TIGR, EKOenergy-labelled) to corporate consumers, enabling verified renewable electricity claims and Scope 2 emission reductions. Revenue is generated through transaction fees or margins on REC procurement and sale.
2. Carbon Credits Trading: The company supplies a diverse portfolio of carbon credits sourced from verified projects (Verra VCS, Gold Standard), enabling organisations to offset residual emissions. Credits are sold to corporate buyers seeking high-quality offsets.
3. Carbon Project Development Services: End-to-end advisory and execution support for carbon project developers and corporations looking to establish their own carbon projects. Services cover feasibility studies, PDD development, validation, registration, and commercialisation of carbon credits.
4. Solar PPA (Power Purchase Agreement): Saxon Renewables finances, installs, operates, and maintains solar PV systems on customer rooftops. Customers purchase solar electricity generated at a rate lower than utility tariffs over a 5-25 year contract period. The company handles all CAPEX, O&M, insurance, and performance guarantees.
5. Climate Transition Planning Consulting: Advisory services guiding organisations through decarbonisation strategy, aligned with SBTi, NSRF, ISSB, GHG Protocol, and TCFD frameworks. Supports companies from early-stage planning to implementation and compliance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Saxon Renewables is an Asia-focused climate solutions provider that helps corporates decarbonise through an integrated portfolio of services: trading of Renewable Energy Certificates (RECs) and verified carbon credits, end-to-end carbon project development, rooftop solar Power Purchase Agreements (PPAs), and SBTi-aligned climate transition planning advisory. Its flagship offering, EVolve, is a Verra-registered (VCS 5416) grouped EV charging carbon project enabling charge point operators across Southeast Asia to monetise verified carbon credits from charging sessions.

Product overview

Saxon Renewables is an Asia-focused climate solutions provider offering a portfolio of interconnected decarbonization services. The core offerings include: EVolve (a grouped EV charging carbon project enabling charge point operators to monetize carbon credits), Climate Transition Planning (SBTi-aligned advisory services), Solar PPA (rooftop solar financing and installation), Renewable Energy Certificates (I-REC, TIGR, and other registry options), Carbon Credits (technology and nature-based offsets), and Carbon Project Development (end-to-end project lifecycle support). These services work together to help corporates achieve their net-zero targets through measurable climate action.

Differentiator

Problem solved

Functional benefit

Brands

• EVolve: A Verra-certified grouped EV charging carbon project (VCS 5416) that helps Charge Point Operators (CPOs) transform charging sessions into verified carbon credits. First grouped EV charging carbon project in Southeast Asia excluding Singapore.

Products and services

• EVolve A Verra-certified grouped EV charging carbon project (VCS 5416) that helps Charge Point Operators (CPOs) transform EV charging sessions into verified carbon credits, creating a new revenue stream with zero upfront costs while supporting Southeast Asia's clean mobility transition.
• Climate Transition Planning Advisory service helping organisations develop decarbonisation strategies aligned with global frameworks such as SBTi, NSRF, ISSB, GHG Protocol, and TCFD, guiding companies from early-stage planning through implementation and compliance across operations and value chain.
• Solar Power Purchase Agreement (PPA) Renewable energy solution where Saxon Renewables finances, installs, operates and maintains rooftop solar PV systems on customer premises; customers purchase generated electricity at rates lower than utility tariffs (from SGD 0.10/kWh) over 5–25 year contracts with no upfront capital investment and savings up to 80% of overall electricity cost.
• Renewable Energy Certificates (RECs) Market-based instruments certifying that one megawatt-hour of electricity was generated from a renewable source and fed into the power grid, supplied across I-REC, TIGR, and EKOenergy-labelled registries, enabling organisations to credibly claim renewable energy usage and reduce Scope 2 emissions.
• Carbon Credits Verified carbon offset credits sourced from technology-based and nature-based projects under Verra VCS and Gold Standard, enabling organisations to neutralise residual emissions and accelerate their net-zero transition; each credit represents 1 tCO2e avoided.
• Carbon Project Development End-to-end advisory and execution support across the carbon project lifecycle — feasibility studies, project design documents (PDD), validation by VVB, registration with carbon registries, monitoring, verification, and credit issuance and commercialisation — for technology-based (renewable energy, energy efficiency, transport) and nature-based (forestry, blue carbon, agriculture) projects.

Quantifiable outcome

• Up to 80% savings on overall electricity costs for C&I customers using Solar PPA
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Verra (Verified Carbon Standard)coreOthersSaxon Renewables partners with Verra as a registered carbon project developer under the Verified Carbon Standard (VCS). The company's EVolve project is formally registered under Verra VCS ID 5416. Verra is the most widely used carbon credit certification programme globally with over 1,800 certified VCS projects.
• Gold StandardcoreOthersGold Standard is a voluntary carbon credit certification initiative that places UN Sustainable Development Goals (SDGs) at the core of its certification. Saxon Renewables offers carbon credits certified under Gold Standard, emphasising projects that deliver social, economic, and environmental co-benefits.
• I-REC StandardcoreOthersI-REC (International Renewable Energy Certificate) Standard is administered by the I-REC Standard Foundation (Netherlands) and provides a global framework for certifying renewable energy generation and consumption. Saxon Renewables provides RECs across I-REC markets as one of the primary registry options.
• APX / TiGR (Tradable Instruments for Global Renewables)coreOthersTiGR is a global registry system provided by APX that tracks renewable energy certificates internationally. Saxon Renewables works with TiGR alongside I-REC as the two primary REC registries for clients across Asia-Pacific.
• EKOenergysupportingOthersSaxon Renewables is an authorised EKOenergy Label provider. EKOenergy-labelled RECs direct at least EUR 0.10 per MWh to the EKOenergy Climate Fund, financing clean energy projects in developing countries.
• UN Climate Change (UNCCC)supportingOthersSaxon Renewables develops carbon projects aligned with UN Sustainable Development Goals (SDGs), with all projects independently verified and supporting one or more SDGs.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• South Pole: Global climate consultancy and carbon project developer offering carbon credits, RECs, and decarbonisation advisory to corporates. Directly comparable to Saxon in transaction-based REC/carbon intermediation plus advisory services, though materially larger and globally diversified.
• Carbon Growth Partners: Advisory firm focused on carbon credit project development and portfolio strategy for corporates and developers. Closely comparable to Saxon's carbon project development service line spanning feasibility, registration, and credit commercialisation.
• Climate Impact X (CIX): Singapore-based carbon exchange and project marketplace operating across Asia. Closest geographic and product-market overlap with Saxon's carbon credit trading and project development activities, and competes for the same regional corporate buyers.
• Natural Capital Partners: Carbon offset and environmental commodity supplier serving corporate climate strategies. Directly comparable to Saxon on carbon credit sourcing, REDD+ and renewable-energy-backed offset sales, and corporate buyer engagement models.
• GreenLight Credentials: Digital environmental commodities platform for trading and tracking RECs and carbon credits. Overlaps with Saxon's REC intermediation activities, especially for corporate Scope 2 reporting and renewable claims.
• Terrapass: Carbon offset retailer selling verified credits to businesses and individuals. Comparable on the carbon credit transactional layer, though primarily North America-focused and lacking Saxon's APAC REC and Solar PPA breadth.
• Patch: Carbon credit API and marketplace platform enabling corporates to embed offset purchasing into their products. Comparable in offering technology-mediated access to verified carbon credits, overlapping with Saxon's carbon credit trading and project commercialisation.

Emerging players

• Watershed: Enterprise carbon accounting and reduction platform that helps corporates measure, report, and purchase offsets. Overlaps with Saxon's climate transition planning advisory and offsets procurement, but focused upstream on measurement rather than environmental commodity supply.
• Veritrove: Carbon credit and environmental commodity marketplace with project-level traceability. Comparable to Saxon's environmental commodity intermediation and EVolve-style verified project offerings, with a more technology-led approach.

Broad incumbents

• Persefoni: Climate management and accounting platform for enterprises managing Scope 1-3 emissions. Adjacent to Saxon's climate transition planning consulting but positioned as a software incumbent rather than a commodity intermediary.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/saxon-renewables

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saxon Renewables