About Powerledger

Powerledger (POWR) is a technology firm focused on developing software solutions for decentralized energy markets, aiming to foster a sustainable energy future. The company has created a blockchain-based platform that facilitates the tracking and trading of energy, flexibility services, and environmental commodities. With its headquarters in Zug, Switzerland, Powerledger operates across more than ten countries and leverages two blockchain layers: the POWR token, an ERC-20 token on Ethereum, and a native Solana-based blockchain designed to enhance the scalability of energy transactions. The POWR token serves as a licensing mechanism for various stakeholders, including utilities, renewable energy operators, microgrid developers, and companies committed to renewable energy initiatives. This token will also enable transaction payments on the Powerledger blockchain in the future. Founded in 2016, Powerledger addresses the challenges posed by the intermittent nature of solar and wind energy, which can disrupt grid stability. By creating a dynamic market that enhances the management of energy supply and demand, Powerledger's software solutions empower utilities and large corporations to efficiently track, trace, and trade energy, contributing to a more resilient and sustainable energy infrastructure.