Energy News

Power Ledger in blockchain energy trading deal with Perth property developer

Powerledger-NicheLiving-Australia

Today, Australian blockchain firm Power Ledger announced a three-year deal with property developer Nicheliving to install its energy trading platform at ten residential projects in Perth. The goal is to introduce large-scale solar energy trading in Western Australia. 

Power Ledger’s blockchain platform will be deployed with Connected Communities Energy, a smart city initiative of Nicheliving, which enables residents to manage their homes remotely. The blockchain energy trading platform will first be rolled out for 62 apartments at ‘Sky Homes’ in Inglewood, and then for future development projects by Nicheliving. 

“Nicheliving is the largest medium density developer in Western Australia to deliver blockchain technology to manage energy delivery and trading,” said Jemma Green Co-Founder and Chairman of Power Ledger. 

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Image Copyright: Power Ledger