WePower

DESCRIPTION

WePower fuels renewable energy production by enabling developers to raise capital by selling their energy production upfront in the form of tradable Smart Energy Contracts. WePower platform provides a streamlined and flexible renewable energy project fundraising solution, which saves time, effort and delivers higher returns to the renewable energy generation facility developers. WePower's Smart Energy Contracts are digital self-settling power purchase contracts. These contracts represent the amount of energy that a powerplant is planning to produce in the future and how that energy is distributed between the investors. These contracts are tradable and can also be liquidated into the local energy wholesale market. This is achieved by linking digital contracts with power grid data on blockchain.