Australian blockchain energy firm Power Ledger has announced a partnership with previous collaborator BCPG to create a renewable energy credit (REC) marketplace in the Southeast Asia region.
BCPG is the renewable energy arm of BCP Group, a Thai state-controlled energy company operating in a number of Southeast Asian countries, including Vietnam and Indonesia. Power Ledger specializes in creating blockchain technology that enables innovative renewable energy solutions.
The two firms have previously worked together on projects such as a peer-to-peer (P2P) energy trading network in the T77 urban precinct in Bangkok.
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