Today, Australian blockchain firm Power Ledger announced two new projects — one expanding into the Australian National Energy Market (NEM) with a commercial deal in Canberra, and another to trial its peer to peer (P2P) energy marketplace in the Indian state of Uttar Pradesh.
The Australia deal is significant, as it gives Power Ledger distribution. The firm has partnered with renewable energy company EPC Solar Group to install its software at a commercial site tenanted by window supplier Dowell Windows. The site’s owner and Dowell Windows share a common renewable energy supply.
The parties will be using Power Ledger’s P2P energy trading platform to save on electricity bills by trading the electricity generated from rooftop photovoltaic (PV) panels between each other. The platform will also be made available in future to other EPC Solar customers who have installed PV panels.
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