The World’s First Decentralized Bodily Power Community (DePEN)

[PRESS RELEASE – Dubai, United Arab Emirates, December 25th, 2024]

NRG, launched by Renewables.Community, is proud to announce the world’s first Decentralized Bodily Power Community (DePEN)—a platform that merges blockchain know-how with real-world vitality belongings (RWAs) to revolutionize electrical energy infrastructure globally.

Designed as a protocol for electrical energy, NRG goals to create a unified interface for vitality transactions, accelerating the clear vitality transition in underserved areas of the International South. By leveraging modern know-how and {hardware}, the platform guarantees to unlock capital, enhance transparency, and drive impactful vitality adoption.

This launch is powered by a partnership between Distributed Power (DE), a frontrunner in renewable asset improvement, and Ajna Capital, a VC agency driving innovation within the Web3 ecosystem. DE will carry over $15 million in operational photo voltaic belongings from India and Africa onto the blockchain, providing proof of idea for this revolutionary mannequin.

{Hardware} Innovation for Power Networks

NRG is not only a platform— it’s also growing proprietary {hardware} to interface seamlessly with photo voltaic inverters and vitality meters. These units improve verification and information transparency, laying the muse for future breakthroughs in vitality metering and administration.

The Way forward for Clear Power

NRG’s long-term imaginative and prescient: To construct a protocol for electrical energy, making a unified vitality interface that fosters environment friendly, low-cost, high-volume transactions. By tokenized belongings, digital renewable grids, and decentralized governance, NRG goals to ship actual affect the place wanted most.

Key Options and Advantages of NRG:

• Decentralized Power Community: A blockchain-based platform connecting vitality suppliers, customers, and buyers.
• Tokenized Power Transition: Customers can help renewable vitality initiatives and achieve from token-based incentives.
• Actual-World Impression: Unlocking renewable vitality adoption within the International South by mobilizing capital.
• Progressive {Hardware}: Bridging the hole between bodily vitality belongings and digital platforms for transparency and effectivity.

Group Management

NRG is pushed by a seasoned group of entrepreneurs and innovators:

• Ruchir Punjabi, CEO: A seasoned entrepreneur with exits in APAC’s largest digital company. Founding father of Distributed Power, managing a $15M+ renewable portfolio. Comp Sci (Adv) from Sydney College
• Mathew Mazhuvanchery, Co-Founder: Offered an vitality platform managing $1B+ to KKR-owned Joulon. Oxford MBA.
• Sudhakar Kadavasal, CFO: Manages a multi-business household workplace with deep experience in scaling ventures. Harvard OPM

About Renewables.Community

Renewables.Community is on the forefront of the clear vitality revolution, utilizing blockchain to allow decentralized, scalable options for electrical energy technology, distribution, and transactions. Backed by a $3 billion vitality group and a confirmed monitor document of success, Renewables.Community is redefining how the world powers itself.

Customers can observe Renewables.Community on Twitter for extra info.