We wrote late last year about blockchain based renewable energy fintech Power Ledger partnerships, which has been an astounding success and continues to move along in leaps and bounds despite the extreme volatility of the cryptocurrency market. They’ve landed a partnership with an American NFP called Helpanswers to bring their service to hundreds of sites across the United States of America.
Power Ledger Partnerships – Updates
According to Smart Company, the partnership will stretch all over the USA – from the west (California), the south (Texas), the midwest (Chicago), and also Washington and New England. It’ll cover 50MW of PV solar storage and will be able to offer 50MWh.
Power Ledger is a blockchain powered peer-to-peer (p2p) marketplace for producers and consumers to buy and sell renewable energy.
“We’re thrilled to partner with Helpanswers to grow our technology and platform footprint in North America and bring Power Ledger a step closer to our goal of democratising power,” Power Ledger managing director David Martin was quoted in a statement released on the Power Ledger website.
“Power Ledger is focussed on creating the right economic and investment platform for consumer-owned, low-cost, low-carbon energy systems to transform the electricity industry.”
There have been quite a few news articles about Power Ledger since its successful ICO, which will see them pitching their ‘smart project’ to Richard Branson, among others…
- Blockchain energy trading firm Power Ledger rides Bitcoin rollercoaster (Australian Financial Review)
- Blockchain energy trading startup Power Ledger to pitch to Richard Branson (Smart Company)
- Invest in the Consumer Energy Revolution (USA Commerce)
- Dr. Jemma Green and Bill Tai are presenting at the Global Blockchain Business Council’s #BlockchainCentral Forum at the World Economic Forum in Davos. (Power Ledger Email)
If you want to learn more, co-founder David Martin had a video call with BlockchainBrad (BCB) that you might find interesting and is embedded below. A great project which certainly has a lot of potential and shows how the blockchain and renewable energy can work well in tandem! Check out our article on the WePower ICO (which has reached its goal and we’ll write about over the next week) if you’re interested in other fintech solutions for green/renewable energy.
Power Ledger (POWR) are currently trading at $0.781389 USD according to Coin Market Cap.