Dubai, United Arab Emirates, December 25th, 2024,
Chainwire
NRG, launched by
Renewables.Network,
is proud to announce the world’s first Decentralized
Physical Energy Network (DePEN)—a platform that merges
blockchain technology with real-world energy assets (RWAs) to
revolutionize electricity infrastructure globally.
Designed as a protocol for
electricity, NRG aims to create a unified interface for
energy transactions, accelerating the clean energy transition in
underserved regions of the Global South. By leveraging innovative
technology and hardware, the platform promises to unlock capital,
improve transparency, and drive impactful energy adoption.
This launch is powered by a partnership
between Distributed Energy (DE), a leader in
renewable asset development, and Ajna Capital, a
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, offering proof of concept for this
revolutionary model.
Hardware Innovation for Energy
Networks
NRG is not just a platform— it is also
developing proprietary hardware to interface seamlessly with solar
inverters and energy meters. These devices enhance verification and
data transparency, laying the foundation for future breakthroughs
in energy metering and management.
The Future of Clean
Energy
NRG’s long-term vision: To build a
protocol for electricity, creating a unified energy
interface that fosters efficient, low-cost, high-volume
transactions. Through tokenized assets, virtual renewable grids,
and decentralized governance, NRG aims to deliver real impact where
needed most.
Key Features and Benefits of
NRG:
- Decentralized Energy Network: A
blockchain-based platform connecting energy providers, users, and
investors.
- Tokenized Energy Transition: Users can support
renewable energy projects and gain from token-based
incentives.
- Real-World Impact: Unlocking renewable energy
adoption in the Global South by mobilizing capital.
- Innovative Hardware: Bridging the gap between
physical energy assets and digital platforms for transparency and
efficiency.
Team Leadership
NRG is driven by a seasoned team of
entrepreneurs and innovators:
- Ruchir Punjabi, CEO: A seasoned entrepreneur
with exits in APAC’s largest digital agency. Founder of Distributed
Energy, managing a $15M+ renewable portfolio. Comp Sci (Adv) from
Sydney University
- Mathew Mazhuvanchery, Co-Founder: Sold an
energy platform managing $1B+ to KKR-owned Joulon. Oxford MBA.
- Sudhakar Kadavasal, CFO: Manages a
multi-business family office with deep expertise in scaling
ventures. Harvard OPM
About
Renewables.Network
Renewables.Network is
at the forefront of the clean energy revolution, using blockchain
to enable decentralized, scalable solutions for electricity
generation, distribution, and transactions. Backed by a $3 billion
energy group and a proven track record of success,
Renewables.Network is redefining how the world powers itself.
Users can follow Renewables.Network on
Twitter for more information.
Contact
Founder and
CEO
Ruchir
Punjabi
Renewables
Network
info@renewables.network
