large scale projects whilst the former has continued to pioneer the use of blockchain within established energy markets.
By helping Spain transition to renewables by using blockchain technology, it creates a top-down case study for other major companies from the standpoints of a big energy multinational. This shows that blockchain's importance spreads beyond the startup scene.Brooklyn Micro Grid - vimeopro.comreimagines the traditional energy grid model, with the concept of a communal energy network.
Rather than use an independent utility company, community members will be able to contribute electricity via their own solar panels or electric cars to the microgrid for other residents to buy and trade. Any excess energy will be stored amongst members of the grid and will give the opportunity for Brooklyn consumers to be a step closer to being self-sufficient energy wise.
is a startup that focuses on investment-driven solar installations. It identifies sun-soaked areas in South Africa where solar panels could be at their most efficient, then sells the modules to private investors who can then lease them to local schools and businesses. This business model ensures that local communities are able to benefit from cheap, clean energy whilst investors help fund and develop several projects that will generate income for the twenty years that solar panels are viable.
The Sun Exchange acts as a crowdfunding platform for small- to medium-scale solar projects in developing countries, allowing investors worldwide to help fund plants with national currency or bitcoin payments. It has already funded projects including an 18-kilowatt rooftop solar plant for a Cape Town-based nonprofit and a 60-kilowatt system for an elephant park in Knysna, on South Africa’s south coast.