Global software as a service (SaaS) company, WePower, has today launched its new ‘Incite’ solution, allowing businesses to track and certify their operation’s sustainability through blockchain-enabled technology, ultimately combatting greenwashing. Australia is first cab off the rank for the Lithuanian-headquartered company’s new product suite.
Greek energy company Mytilineos and its subsidiary Metka EGN continue to put down roots in the Australian market, signing a Power Purchasing Agreement which will allow construction to commence on its 23 MW extension to Wagga Wagga North Solar Farm. The extension comes after the company was fined in January for breaching its Aboriginal Heritage Impact Permit by commencing works without first notifying Heritage NSW, leading to the destruction of Indigenous artefacts.
Iconic Australian beer Victoria Bitter has partnered with Diamond Energy and Power Ledger to develop Solar Exchange, a blockchain-enabled platform that allows residential PV owners to exchange their excess solar for cases of beer. This is not an April Fool’s prank, miracles do happen, stay calm and exchange your excess solar for slabs!
WePower has delivered its blockchain-enabled Elemental technology to Mojo Power for the establishment of the Mojo Marketplace, an online shopping setup whereby businesses and industry can shop for locally sourced renewable energy retail contracts.
Power Ledger is slated to roll out its blockchain-enabled energy trading software in the North American market following a successful trial with private electricity provider American PowerNet (APN).
Western Australian tech startup Power Ledger and Thai renewable energy company BCPG are expanding their partnership with the creation of a Renewable Energy Certificate marketplace for SE Asia on Power Ledger’s peer-to-peer blockchain platform.
An Australian government-backed trial of peer-to-peer (P2P) solar trading has demonstrated the potential of localized two-sided energy markets and blockchain technology to improve the energy system. However, current electricity tariff structures would need to be modified to realize the full stack of values that this technology has to offer.
The 9.4MW Robinvale Solar Farm is Suntech’s first 100% owned project in the Australian pipeline to come to fruition and the first solar project in Australia to deploy WePower’s blockchain-based PPA architecture, which opens up opportunities for smaller corporate customers to go green with their procurement strategy.
Commercial and industry sectors need a path to transition. In a new study released today, WePower picks the low-hanging fruit, identifying data centres as ripe for renewables.
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