Distributed renewable energy platform expands operations across China, Thailand and the Philippines to help rural consumers obtain cheaper solar-powered electricity from local suppliers.
Why
High electricity cost
Without a centralized grid, electricity costs more for people living in suburbs and rural areas.
Complex trading layers
It’s difficult for small-scale energy owners to participate in energy trading with high frequency.
Renewable energy trends
More countries are exploring and switching to renewable energy sources to cut pollution.
Market
$10.3bn
Projected value of the global blockchain technology in the energy market by 2026, growing at a CAGR of 52.9% since 2018: Market Study Report.
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