Dubai, United Arab Emirates, December 25, 2024, Chainwire

NRGlaunched by Renewable Energy Network, is proud to announce the world first Decentralized Physical Energy Network (DePEN)– a platform that connects blockchain technology with real-world energy assets (RWAs) to revolutionize electricity infrastructure worldwide.

Designed as Protocol for electricityNRG’s goal is to create a unified interface for energy transactions, thereby accelerating the transition to clean energy in underserved regions of the Global South. Through the use of innovative technology and hardware, the platform promises to unlock capital, improve transparency and drive impactful energy adoption.

This launch is based on a partnership between Distributed Energy (DE)a leading company in the development of renewable systems, and Ajna Capitala VC firm driving innovation in the Web3 ecosystem. DE will bring over $15 million in operational solar assets from India and Africa onto the blockchain, providing proof of concept for this revolutionary model.

Hardware innovation for energy networks

NRG isn’t just a platform – it also develops proprietary hardware to seamlessly interface with solar inverters and energy meters. These devices improve verification and data transparency and lay the foundation for future breakthroughs in energy measurement and management.

The future of clean energy

NRG’s long-term vision: Create a protocol for electricity uniform energy interface This promotes efficient, cost-effective and high-volume transactions. Through tokenized assets, virtual renewable grids and decentralized governance, NRG aims to create real impact where it is needed most.

Key Features and Benefits of NRG:

• Decentralized energy network: A blockchain-based platform that connects energy suppliers, users and investors.
• Tokenized energy transition: Users can support renewable energy projects and benefit from token-based incentives.
• Real World Impact: Promoting renewable energy adoption in the Global South through capital mobilization.
• Innovative hardware: Bridging the gap between physical energy assets and digital platforms for transparency and efficiency.

Team leadership

NRG is led by an experienced team of entrepreneurs and innovators:

• Ruchir PunjabiCEO: An experienced entrepreneur with exits in APAC’s largest digital agency. Founder of Distributed Energy managing a renewable portfolio valued at over $15 million. Comp Sci (Adv) from Sydney University
• Mathew MazhuvancheryCo-Founder: Sold an energy platform managing over $1 billion to KKR-owned Joulon. Oxford MBA.
• Sudhakar KadavasalCFO: Leads a multi-business family office with extensive experience in scaling businesses. Harvard O.P.M

About Renewables.Network

Renewables.Network is at the forefront of the clean energy revolution, leveraging blockchain to enable decentralized, scalable solutions for power generation, distribution and transactions. Backed by a $3 billion energy company and a proven track record, Renewables.Network is redefining how the world powers itself.

For more information, users can follow Renewables.Network on Twitter.

contact

Founder and CEO
Ruchir Punjabi
Renewable Energy Network
[email protected]