Evermore, Australia

Location

Power Ledger Platform Features

Client Summary

The first apartment development in Australia for sale to the public employing the combination of solar PV panels, battery storage and blockchain technology. The trial involves 24 apartments, and is backed by Curtin University, in partnership with LandCorp, Solar Balance, Australian Renewable Energy Agency, Low Carbon Living Cooperative Research Centre and the Commonwealth Scientific and Industrial Research Organisation.

Power Ledger’s blockchain technology, paired with the other power-saving initiatives at Evermore, gives residents exceptional control over their power usage and power costs.
Yolk Property Group Director Tao Bourton
How the technology works

The first apartment development in Australia for sale to the public employing the combination of solar PV panels, battery storage and blockchain technology.

The trial involves 24 apartments, and is backed by Curtin University, in partnership with LandCorp, Solar Balance, Australian Renewable Energy Agency, Low Carbon Living Cooperative Research Centre and the Commonwealth Scientific and Industrial Research Organisation.

With the reduced reliance on grid supply, residents will be less affected by increases in energy prices, while selling excess solar electricity to their neighbors at peak demand times, rather than selling it back to the grid.

500kWh

P2P transacted per week

160kWh

peak renewables generated daily

73%

energy consumed from renewable sources on average

$780.00

saving annually per household