News and Announcements
Power Ledger announces first commercial deployment in the US with Northwestern University
- Published May 04, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Australian blockchain company, Power Ledger declares the first commercial deployment of its energy trading platform in the United States.
- Power Ledger initiated a fund of $34 million while introducing its coin and can be viewed as the most successful cryptocurrency startup.
- The main focus is on trade of excess solar energy and also see a utility like KEPCO in a market like Japan to show great acceptance of the future of decentralized energy.
Power Ledger has emerged with its involvement in Illinois-based, Northwestern University Evanston campus which has a longstanding focus on solar energy. The latter also introduced ANSER Center in association with Argonne National Laboratory which was supported financially by US Department of Energy. This is how they are going to synergize participating graduate schools to introduce more opportunities on the energy smart grid sector.
It directly implies that the excess solar energy could be traded both inside and outside the campus, in museums and laboratories, using Power Ledger’s blockchain platform and also its preexisting meters which would cut costs and carbon with a secure clean energy. This is how the company wants to expand its wings. The Managing Director and Co-Founder of the company, David Martin, declared that moving beyond trials and getting involved in commercial deployment in a market like Chicago was a golden opportunity.
About Power Ledger
Australia’s first token sale is disrupting the energy sector. POWR token allows you to access the Power Ledger energy trading platform. Start selling power from your own solar panels, or just pay less for your energy bills by purchasing your power directly from your neighbour. Power Ledger is bringing peer-to-peer energy trading to the world.
Company Updates
The Biofilm Breakthrough: How An Australian BioTech Firm Is Tapping Indonesia’s $45,000-a-Kitchen Bottleneck
Australian sustainability and deep-tech firm Altair International Pty Ltd is commercialising plant-based clinical hygiene technology, targeting a prime operational bottleneck in Indonesia’s massive national free meals program. Every few years, an Australian deep-tech company emerges combining proprietary science with a transformational anchor contract, the kind of business that quietly creates an entirely new market category […]
THE TAX CHANGED. NOW THE PRODUCT IS CHANGING TO MATCH.
Changes to the 50% capital gains tax discount are shifting Australian private capital away from growth and into high-yielding wrappers. Fund managers are actively redesigning products across private credit and property to capture the incoming capital rotation
The Algorithm Re-Dosing Cancer Treatment: Inside the University of Melbourne Spin-Out Rewriting a 60-Year-Old Formula
Oncology specialists are still calculating toxic chemotherapy doses using a formula from the era of the Ford Model T, leading to a system where seven out of eight patients are routinely overdosed. University of Melbourne spin-out PredicTx is dismantling this legacy approach, utilizing advanced AI to analyze existing patient CT scans, deliver precision medicine to the bedside, and return a massive 100x financial rerate to hospital networks.
Backed By Leading Investment Groups and Family Offices
