With its ability to enable peer-to-peer trading of energy credits as well as crowdfunding projects, blockchain is already showing success in the solar energy space.
Let’s take a look at the top three companies using blockchain in this sector.
WePower
WePower works not only with solar energy but also with other forms of renewable energy, such as wind and tidal.
Sun Exchange
Sun Exchange raised a cool $ 1.6 million in seed funding last year and is an established blockchain solar energy player.
Closing Thoughts
More and more solar energy providers experimenting with blockchain technology are appearing all the time.
Blockchain technology and renewable energy are forming a powerful alliance that is transforming how we generate, share, and infuse energy. This synergy unlocks new possibilities for transparency, efficiency, and accessibility in the energy sector.
Blockchain alliance Energy Web has partnered with Volkswagen Group Innovation to explore the integration of electric vehicle (EV) charging points. Blockchain for Environmental Sustainability In a bid to leverage blockchain technology for sustainable solutions in the automobile industry, distributed ledger technology (DLT) alliance Energy Web has allied with VW Group Innovation. Per sources close toRead More
Power Ledger, a blockchain startup focusing on energy conservation through blockchain and based out of Australia, recently concluded its trial run for a blockchain P2P project for solar energy trading and released a report for the same suggesting the trail was a success.
In an official statement released Tuesday, EW confirmed its partnership with the London based telecommunications giant to incorporate IoT and blockchain in building secure IDs for energy assets. The project will use SIM centric blockchain tech (SCB) in a bid to provide a platform for users to quickly map and access their distributed assets on […]
Vodafone and Energy Web want to bring billions of assets in the energy sector onto the blockchain Vodafone is partnering with Energy Web (EW) on a project that will see the technology communications firm link billions of renewable and distributed energy assets to grids via the Internet of Things (IoT) and blockchain technology.
Coinspeaker How Blockchain Can Bring Sustainability To The Energy IndustryLCG Energy is the first blockchain-based energy token from an energy supply company.How Blockchain Can Bring Sustainability To The Energy Industry
Coinspeaker How Blockchain Can Bring Sustainability to the Energy IndustryLCG Energy is the first blockchain-based energy token from an energy supply company.How Blockchain Can Bring Sustainability to the Energy Industry
The US Congressional Research Service has released a report titled "Bitcoin, Blockchain, and the Energy Sector" that details the current state of energy consumption related to crypto mining and explores the possibility of integrating blockchain tech into current energy systems.
According to an announcement made on July 10, 2019, American energy-focused blockchain firm LO3 Energy has raised investments from Shell and Sumitomo Corporation for the commercialization of a blockchain-based community energy platform.
Prior to the launch of Ethereum, a faction of its principal founders banded together with seasoned policy professionals, energy sector executives, and academics to explore meaningful use cases for blockchain in energy, a sector they concluded could benefit from the nascent technology.
Years before the launch of Ethereum, a faction of its principal founders banded together with seasoned policy professionals, energy sector executives, and PhD-holders to explore meaningful usage cases for blockchain.
Blockchain technology is pushing for a revolution within the energy sector by slowly eliminating the era of centralized large-scale energy source. In place, blockchain promises to bring the demand for energy into individual level auctions from where potential energy traders can auction their wares.
Energi Mine is using ETK to revolutionise the global energy market through decentralisation and blockchain technology. The ultimate goal is to reduce global energy demand and carbon emissions by creating a system of financial incentives for businesses and consumers to save energy.
As the effects of climate change make their mark across the globe, people are more wary of their carbon footprints and are gradually switching to renewable energy.
Swytch, a blockchain-based clean energy incentive, and the Germany-based Energy2market GmbH (e2m), a company aggregating energy trading throughout Europe, have announced a pilot program which includes roughly 3.
Yesterday, we saw a wealth of reports highlighting that a number of Amazon Fire products have been hacked by cryptocurrency mining malware, designed to utilise the hardware processing power to authenticate transactions on the blockchain.
As on-chain derivatives continue to expand at record pace, the perpetual DEX sector has entered a phase of intensifying competition. This environment is characterized by record volumes, growing demand for market depth, and heightened user sensitivity toward fees.
One of the most notable on-chain crypto traders, known as 0xFC78, has had his fortunes crucially reversed due to suffering his two recent high-leverage trades.
In the crypto market, the ability to earn and withdraw should be basic expectations—yet many exchanges fail to deliver. A recent experience by a Zoomex user challenges this norm, and his story deserves to be shared.
Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level.
Ethereum price continues to show weak momentum as bearish candles strengthen, increasing the likelihood of a deeper correction toward key lower support levels.