Weekly Report – Week 12
As mentioned in the last report, I would follow up with some information about what’s going on in the blockchain energy market. Some are pushing forward hard without much noise and some seem to hide in the shadows for other reasons. The ones that we have a special interest in are of course the ones we have already done an interview with. It’s not easy to get a hold of all these companies, and sometimes it’s a clear indicator of either busy developing or busy dying. Yes, hard words, but it’s also hard times. The sooner the market is cleaned up (ICO scammers cough cough), the sooner it can start to mature. With that said, The Energy Bit will always keep a neutral view on things and the point is just to keep you guys updated and on your feet.
The main purpose of these companies is to shake up the traditional energy market upside down and let the little people take total control of their energy production, consumption, and sharing. The outdated grid needs an upgrade fast to support future growth and this new movement serves several purposes. I can’t wait to live off the grid, charge my EV with my own supply and sell the remaining energy to the neighbor!
Meet The Players
WePower (WPR). A blockchain-based green energy trading platform that connects energy buyers (households and investors) directly with the green energy producers. Founded in 2017, with HQ in Vilnius, Estonia. Additional offices in Lithuania, Spain, and Australia. Additional information about WePower can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
Power Ledger (POWR). An Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Founded in 2016, with HQ in Perth, Australia. We didn’t manage to get an interview with them yet, but we managed to visit a microgrid onsite, that they are directly involved in: T77 in Bangkok, Thailand. It’s a project between BCPG, Sansiri, and Powerledger. If you would like to know more about T77, just read the article we did back in November here. Additional information about Power Ledger can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
LO3 Energy is developing blockchain based innovations to revolutionize how energy can be generated, stored, bought, sold and used, all at the local level. Founded in 2012 and based in Brooklyn, New York. We mentioned the Brooklyn Microgrid project in an article we did back in last October (link), where LO3 teamed up with Siemens to create a pilot microgrid using blockchain technology. It seems that they are also joining the token/IoT/data market with the Exergy (XRG) project in the near future. Additional information about LO3 Energy can be found on their homepage, LinkedIn, Twitter and Facebook.
Restart Energy (MWAT). Established in 2015. One of the fastest growing private energy and gas provider operating in Europe. HQ in Timisoara, Romania. Restart Energy is building blockchain infrastructure for a global energy supply platform by connecting energy consumers directly to producers. You can find the article we did on them back in November here. They also have a platform called RED and you can find a Medium article covering more of that here.
Additional information about Restart Energy can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
Grid+ (GRID). Founded in 2017, with HQ in Brooklyn, New York. GridPlus creates products that enable mainstream use of digital assets and cryptocurrencies. They are hardware, software, and cryptocurrency experts building the foundation for a more efficient and inclusive financial future. They cover several sectors/offer different solutions for energy, payments, storage/security, and merchants.
Additional information about Grid+ can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
SolarCoin (SLR). Founded in 2014. HQ in Greenwich, CT, USA. A multibillion-dollar climate change initiative and renewable energy cryptocurrency designed to incentivize a planet powered largely by solar energy. To this end, the project is on a mission to build the foundation for a global energy transition by awarding SolarCoins to solar energy producers, creating the first global, energy-referenced currency. We did an interview with them back in January which you can find here. Additional information about SolarCoin can be found on their homepage, Coinmarketcap, bitcoinwiki, Twitter and Facebook.
Pylon Network (PYLNT). Founded in 2017, with their HQ in Benicarlo, Valencia. Pylon Network is a neutral energy database, supported by our open-source blockchain technology – specially designed to serve the needs of the energy sector. A decentralized energy exchange platform powered by renewable energy. We did an interview with their COO – Markos Romanos in February, which you can find here. Additional information about Pylon Network can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
Robotina (ROX). Founded in 1990. Yes, that’s a while back. HQ in Kozina, Slovenia and offices in UK, Singapore, Croatia, Dubai (UAE) and India. Their main expertise is the optimization of smart electrical grids. They envision the future based on the products and solutions, developed by key experts, who are members of two research and development (R&D) teams with one of them registered as an institute. Additional information about Robotina can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
Sun Exchange (SUNEX). HQ in Cape Town, South Africa. Sun Exchange was Launched on Indiegogo in 2015. The platform has been running for 3 years and has won Best Bitcoin & Blockchain Business in Africa Award in 2016 and 2017. Won Global blockchain Challenge in 2017. Their model is Solar Panel Micro-leasing using Bitcoin as the payment system. Additional information about Sun Exchange can be found on their homepage, ICObench, LinkedIn, Twitter and Facebook.
SunContract (SNC). Founded in 2016, with HQ in Ljubljana, the capitol of Slovenia. SunContract is an energy-trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. We did an electronic interview with CFO – Mojca Bajec back in December, which you can find here. Additional information about SunContract can be found on their homepage, Coinmarketcap, LinkedIn, Twitter and Facebook.
Solara (SOL). Founded in 2018. HQ in Sydney, Australia. Solara enables and establishes a patented provable green energy ecosystem by utilizing the latest in embedded cryptography and the Internet of Things technology. We did an interview with CTO – Leon-Gerard Vandenberg back in November which you can read here. Additional information about Solara can be found on their homepage, ICObirds, LinkedIn, Twitter and Facebook.
It’s easy to find more than a hundred projects related to energy and blockchain technology. It’s much more difficult, confusing and time-consuming trying to find who is actually doing what in the sector. Many are “revolutionizing” and there are just so many whitepapers that a person can read about one subject and/or field. Establishing actual communication is very rewarding in many ways, not only for our interviews. It really gives a personal touch and a “face” to a project instead of a thousand hits on a google search. I hope that we at The Energy Bit can continue exploiting the turf, expanding our network and gathering knowledge about the field and the players.
Some useful tools when doing research, in addition to the standard ones (Google, Coinmarketcap, Twitter, Facebook, LinkedIn…), are bitcointalk, ICObench, Crunchbase and Bitcoin Wiki. It’s an endless sea of information out there and everybody has different preferences of choice. Usually, the projects themselves will also use different channels for keeping in touch with their communities, developers, and investors such as Telegram, Slack, Medium, Discord, Trello, Reddit… Yeah, I guess you get the picture already: you can read all you want today, and tomorrow it’s like starting from scratch again. Be wise with your time and the tools that you decide to use. And remember, if you don’t have the time, just find the right people to follow on e.g. Twitter or YouTube instead. Let them do the work for you!
If you feel like something is missing from this article or is misrepresented (content or a project), please drop us a line. The projects listed above are far from representing the entire blockchain energy sector and there are no rules for being included or excluded in this article.
Thanks for reading and see you again soon!