News and Announcements
Power Ledger Partners with Kansai Electric Power Company
- Published April 27, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Power Ledger is a peer-to- peer energy trading company from Perth that has received funding from initial coin offerings.
- Power Ledger uses cryptocurrency technology in trials across many countries globally.
- Power Ledger has recently associated with Kansai Electric Power Company and their first trial is said to occur in Japan.
A peer-to- peer energy trading company that is based in Perth, Australia, is said to collaborate with Kansai Electric Power Company (KEPCO) in order to test its digitised cryptocurrency energy programme. Power Ledger is a self-funded company that has received its funding through an Initial Coin Offering (ICO).
Thus far, Power Ledger is using their cryptocurrency technology in a variety of testing platforms across New Zealand, India, and Southeast Asia.
Additionally, Power Leger is also involved in trials across Australia.
The Power Ledger-KEPCO trial is aimed to be tested on ten homes in Osaka. This is because Power Ledger thinks that Japan is a good candidate country to test for this type of energy exchange. Power Ledger has based this assumption on the fact that the people are Japan are
eager to accept new forms of technology.
The KEPCO testing programme is the first in Japan. These ten homes will be set up with smart meters and they will be allocated solar systems that will be set up by KEPCO. Power Ledger will the exchange the extra energy that will be generated at these homes using a peer-to-peer source. The trial will help support KEPCO’s initiative to institute and supply Virtual
Power Plants (VPPs) to its clientele.
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
Everything is now competing for the same dollar
Key takeaways As recently as 2022, Germany and Japan could borrow for 30 years at close to zero. That world is gone, and AI is now bidding for what is left. Over the past fortnight, I listened to founders, operators and allocators describe where their industries are heading. They covered four very different frontiers. Each […]
Australia has not held 90 days of fuel since 2012. The fix may start at a sewage plant.
A decommissioned council treatment site in Bundaberg is being built into a $188.9 million biorefinery. Its managing director is candid that the largest revenue line is not yet contracted. Australia has not met its international 90-day fuel reserve obligation since 2012. Around 90 per cent of the country’s liquid fuel is imported. Andy Whitmore, Managing […]
Forget Startups: Why Magnetic Alliance is Betting on “Boring” Mid-Market Turnarounds
While Australia’s venture capital scene spent years chasing unprofitable tech startups and speculative high-growth plays, Mark Lim was quietly taking a radically different path. The Managing Partner of Magnetic Alliance Capital sees the nation’s richest investment opportunities hiding in plain sight: inside thousands of unglamorous, profitable, but operationally sluggish mid-market businesses. Speaking on Wholesale Investor’s […]
Backed By Leading Investment Groups and Family Offices
