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Power Ledger Rolls Out Blockchain-Based Solar Energy Trading In Western Australia

Summary: Australian blockchain firm Power Ledger has just signed a deal with the largest medium-density residential developer in Perth to roll out its blockchain-based solar energy trading platform for local residents over the next three years.On April 22, Power Ledger and developer Nicheliving revealed that the platform will initially roll out in 62 apartments in Nicheliving’s ...

Australian blockchain firm Power Ledger has just signed a deal with the largest medium-density residential developer in Perth to roll out its blockchain-based solar energy trading platform for local residents over the next three years.
On April 22, Power Ledger and developer Nicheliving revealed that the platform will initially roll out in 62 apartments in Nicheliving’s flagship SkyHomes development in Inglewood, followed by 10 further developments in the Perth metropolitan area. At SkyHomes, the system will provide residents with 100% renewable energy via an embedded electricity network and solar PV and storage microgrid.

Tracy Chen