PowerClub has partnered with Natural Solar, the Solar Panel Provider, and Sonnen, the world’s largest solar battery manufacturer Sonnen and solar panel provider. Power club is the Power Ledger and wholesale energy retailer. This partnership is focused on bringing greater savings to Australia.
Power Ledger (POWR) tweeted: “We’ve formed an energy collective to launch our blockchain-enabled VPP product in Australia, in which participants will use self-produced solar energy, and be able to sell it to others. Do you live in South Australia? Express your interest here.”
South Australia is a renewable energy leader when compared to the states who are committed to renewables. South Australia is looking towards becoming a net RE exporter with its 5000MW of planned RE projects.
Sydney Ifergan, the Crypto Expert Tweeted: “Over the next ten years, South Australia is planning to achieve 100% renewables as its chief goal. Power Ledger (POWR) facilitates the technology to streamline this goal using blockchain technology.”
Further Power Ledger tweeted: “Power Ledger is expanding its Indian engagement at @Austrade’s Australia-India Business Exchange 2020 #AIBX. We’re opening opportunities, connecting with large Indian businesses and relevant stakeholders at the highest levels to scale in one of the fastest-growing economies.”
Power Ledger (POWR) is based on VPP, which is a virtual network of home solar and battery storage systems. These systems are connected using a cloud-based software which manages the flow of clean electricity to improve revenue.
VPP technology is designed in a way to export excess solar energy when the wholesale market price for electricity goes up. Thus, those who have invested in solar plants get the highest return on investment.
Households and businesses that operate VPP will be able to sell the electricity they have stored; this will be able to help them make profits. Under certain conditions, investors get premium prices.
The Power Ledger (POWR) VPP platform is designed to monitor the energy market, thus setting price alerts for when prices go up. When the demand for power goes high, the retailers will be able to draw power from the VPP automatically. The households will be able to make additional income from the excess solar energy stored in the battery.
The members of the PowerClub will be able to gain access to the Power Ledger Technology, and through this, they will gain access to home battery systems. Thus, homeowners will be able to pay back on their investment in solar battery storage nearly four years faster.
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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