CarbonEnfo, a wholly owned subsidiary of Atlanta-based Empower Energy Technology, will leverage Energy Web’s ecosystem and Web 3 infrastructure solutions in order “to develop and launch a range of blockchain-enabled energy data services.”
CarbonEnfo, a division of Empower Energy Technology, a key player focused on direct generation solar as well as renewable energy measurement/management, has joined the Energy Web Foundation’s established ecosystem of energy majors and IT service providers by “validating Energy Web’s decentralized operating system.”
The move comes as CarbonEnfo seeks “to extend its expertise in renewable energy data by developing and launching a range of enterprise and consumer-facing solutions for the U.S. market.”
Last year, utility-scale U.S. solar installations “rebounded from COVID-driven supply chain issues and a record 700,000 U.S. homeowners installed rooftop solar systems, a 40% jump from 2021(Solar Energy Industries Association).”
As both an infrastructure operator and validator for the Energy Web ecosystem, CarbonEnfo is contributing “to enhanced network security for the Energy Web Chain and by extension all enterprise software solutions that leverage the Energy Web technology stack.”
Energy Web’s open-source solutions are designed “to help companies like CarbonEnfo unlock business value from clean and distributed energy resources.”
Thatcher Young, CEO of CarbonEnfo, said:
“We’re very interested in driving trust and transparency across the supply chain, which is why we’re so excited to join the Energy Web ecosystem, In addition to supporting the public blockchain, we see tremendous value in leveraging the Energy Web technology stack to advance our own application development.”
Jesse Morris, CEO of Energy Web, said:
“We need innovative experts like CarbonEnfo to help create and scale bold new solutions for doing more with renewable energy data. We are delighted to welcome CarbonEnfo to the Energy Web ecosystem.”
As noted in the update, Energy Web is “a global non-profit accelerating the clean energy transition by developing open-source technology solutions for energy systems.”
Their enterprise-grade solutions “improve coordination across complex energy markets, unlocking the full potential of clean, distributed energy resources for businesses, grid operators, and customers.”
Their solutions for enterprise asset management, data exchange, and Green Proofs, their tool for registering and tracking low-carbon products, are “underpinned by the Energy Web Chain, the world’s first public blockchain tailored to the energy sector.”
The Energy Web ecosystem comprises utilities, renewable energy developers, grid operators, corporate energy buyers, automotive, IoT, telecommunications firms, and more.