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White Gum Valley, Australia

Solar power trading for Evermore apartments

Evermore is Australia's first apartment development for sale to the public to use Power Ledger's blockchain technology alongside solar PV panels and battery storage.

Project 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.

How the technology works

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.

Yolk Property Group Director Tao Bourton

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.

Project highlights

500kWh

Peer-to-peer energy transacted per week

160kWh

Peak renewable energy generated daily

80%

Energy consumed from renewable sources

200-250

Transactions processed by Power Ledger every hour

Make an enquiry

If you have questions or comments, feel free to get in touch with us using our enquiry form. We will aim to get back to you within two working days.

Enquiry form