Australia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system.
Per a press release shared with Cointelegraph on Jan. 13, Power Ledger purchased the system from Perdaman Advanced Energy, an Australian firm that provides clean energy consulting and project development. The new system will be located in Maddington and integrate a Power Purchase Agreement (PPA) to make renewable energy trading more transparent.