Announcements
October 16, 2023

Powerledger joins Tokyo's prestigious Green Finance Initiative

Powerledger joins Tokyo's Green Finance Initiative, leveraging blockchain for sustainable energy trading and aligning with Tokyo's sustainability goals.

To expand our previous presence in Japan, this year, Powerledger has been working through the prestigious Green Finance Subsidy Program initiated by the Tokyo Metropolitan Government (TMG). This program, designed to foster sustainable economic recovery post-COVID-19 while addressing climate change, represents a significant milestone in our journey towards a more sustainable future. 

Powerledger is part of a cohort of 54 companies from 18 countries and regions chosen for the Green Finance Subsidy program to receive grants.

Powerledger’s blockchain backed peer-to-peer energy trading empowers both consumers and producers of renewable energy aligning with Tokyo’s sustainability commitments. Our blockchain powered platform streamlines energy trading processes, reducing administrative overhead and transaction costs while enhancing the speed and reliability of transactions.

Tokyo's financial market provides an ideal backdrop for Powerledger to expand its footprint in green finance. By participating in the Green Finance Subsidy Program, we gain access to invaluable resources, expertise, and networks that will propel our growth and amplify our impact in the energy market, both in Japan and globally. 

Implementing Powerledger technology in Japan will drive the growth of renewable energy generation, while facilitating the distribution of green energy without compromising the integrity of the grid. 

Learn more here

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