Cryptocurrency

Blockchain energy team to standardise solar panels

The Energy Web Foundation has brought SunSpec Alliance into its renewable energy blockchain consortium. The move combines SunSpec's 100 member companies, including Tesla, LG Electronics, and Schneider

By Aubrey Swanson··2 min read
Blockchain energy team to standardise solar panels

Key Points

  • The Energy Web Foundation has brought SunSpec Alliance into its renewable energy blockchain consortium.
  • The move combines SunSpec's 100 member companies, including Tesla, LG Electronics, and Schneider

The Energy Web Foundation has brought SunSpec Alliance into its renewable energy blockchain consortium. The move combines SunSpec's 100 member companies, including Tesla, LG Electronics, and Schneider Electric, with EWF's blockchain-driven grid infrastructure.

Advertisement

728×90

The partnership targets a specific technical problem. Solar installations from different manufacturers often require custom integration work to function on the same grid. SunSpec has spent years building standardized protocols and certifications to allow these systems to work together without extra software or hardware. EWF's Energy Web Decentralised Operating System adds another layer. A blockchain backbone lets any device owned by any customer participate in any energy market.

Jesse Morris, the chief commercial officer at Energy Web, described the fit: "SunSpec's focus on plug-and-play interoperability for solar PV and battery energy storage systems and Energy Web's focus on building a public, open, digital 'DNA' for the future electricity system are a natural fit."

The combination addresses two problems at once. Installation costs drop when different brands work together without compatibility patches. The blockchain component handles the grid management piece. It routes power from small and medium-scale solar generators into larger distribution networks. Many regions, from developing nations to wealthy developed markets, struggle to unlock solar's potential for this reason. New grid architectures that can handle distributed generation remain a technical hurdle.

EWF has been expanding these partnerships across continents. The foundation worked with Fohat, an energy intelligence company in Brazil, to launch a renewable energy blockchain trading platform that issues international renewable energy certificates. These I-RECs prove the origin of the energy being traded. Last month, a pilot version launched in Turkey through a partnership with Foton Energy. Central America has similar projects underway, where high electricity costs make the shift to distributed solar generation an economic priority.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

Advertisement

728×90

Related Stories

Stay informed

Verifiable crypto journalism, delivered to your inbox.

Weekday mornings. No hype. No financial advice. Just what happened and why it matters.

No spam. Unsubscribe anytime. Read our privacy policy.