Top 10 Blockchain Energy startups

Updated: March 12, 2024

Blockchain allows peer-to-peer energy trading models that enable customers to sell excess power to each other, verification and ownership of emission certificates as well as tracking of trading history are made safer, more transparent and easier to process. Also blockchane systems can ensure that excess energy is delivered into storage automatically; regulate supply and payment for energy producers and consumers
1
Country: Spain | Funding: $57.4M
SolarMente installs and finances solar rooftops in Spain
2
Country: Switzerland | Funding: €39.1M
Pexapark is the all-in-one renewable energy platform that connects wind energy producers with each other, and integrates data analytics, peer-based learning, a marketplace with 3rd-party services and expert advice on PPAs and O&M in one place. In all analytics, peer data is leveraged to gain deeper and more accurate, realistic insights.
3
Country: Lithuania | Funding: $40M
WePower is trying to make it easier for businesses in the small to medium sizes to purchase energy from solar and wind farms via blockchain.
4
Country: Australia | Funding: $35M
Power Ledger has developed a series of world-leading blockchain energy applications, such as its P2P energy trading application.
5
Country: Singapore | Funding: $35M
Electrify develops blockchain-enabled peer-to-peer (P2P) trading of renewable energy in the city, which allows both utilities and consumers to produce and sell electricity.
6
Country: USA | Funding: $16.8M
LO3 Energy is developing blockchain based innovations to revolutionize how energy can be generated, stored, bought, sold and used, all at the local level.
7
Country: UK | Funding: £11M
Electron is a start-up harnessing blockchain technologies to design more efficient, resilient and flexible systems for the energy sector.
8
Country: South Africa | Funding: $11.4M
Sun Exchange operates a peer-to-peer, crypto-enabled business that allows individuals anywhere in the world to invest in solar infrastructure in Africa.
9
Country: Spain | Funding: €7.1M
FlexiDAO specializes in developing software for the energy sector.
10
Country: USA | Funding: $4.3M
Vespene Energy wants to convert landfill methane emissions to electricity for bitcoin mining. It sequesters methane and burns it to power the microturbines, which in turn generate electricity.
11
Country: Germany | Funding: $3.7M
Unibright deploys Blockchain technology for decentralized hydroelectric power plants.
12
Country: Germany | Funding: €3M
Lition is a licensed energy provider with a blockchain based peer2peer energy trading solution. Lition is up and running with real customers and real power plants. By bypassing unnecessary middle men, Lition’s Energy Exchange saves customers an average of 20% on their utility bills while simultaneously increasing power plant revenue by up to 30%.
13
Country: USA | Funding: $3M
Synota is a bitcoin technology company providing transactional flexibility and instant settlements to the energy industry.
14
Country: Switzerland | Funding: $2.5M
Energy Web Foundation is a global non-profit organization focused on accelerating blockchain technology across the energy sector.
15
Country: USA | Funding: $2.5M
COI Energy Solutions solves energy waste using Artificial Intelligence, Machine Learning, and Blockchain enabled technology to make the world more energy efficient
16
Country: Spain | Funding: $2M
CleanCarbon.io uses a state-of-the-art UHTG (ultra-high-temperature gasification) process combined with IoT smart sensors. CleanCarbon turns waste into e.g. syngas, which subsequently is processed into clean carbon, green hydrogen, and much-needed and sought-after energy products by the industry, and public and private households. CleanCarbon innovates to simplify waste management, giving islands, municipalities, and businesses back time, money, and resources — while helping the environment, reducing waste and emission gases. As a company, CleanCarbon is involved in accelerating circular and net-zero economies by building green infrastructures that make a real difference. CleanCarbon explained (Video): https://youtu.be/GUZ5_5UfJw4
17
Country: Croatia | Funding: $714K
AMPnet is a financing platform and marketplace for renewable energy sources - making renewables viable for a new class of investors.
18
Country: Turkey | Funding: $250K
Blok-Z is building enterprise-grade blockchain solutions that will foster the growth of a distributed, decentralized and carbon-free energy sector
19
Country: Croatia | Funding: $142.9K
Energy Shift is a web based, blockchain powered platform that enables citizens to jointly invest in and co-own solar farms.
20
Country: China
Energo Labs integrates blockchain into the energy sector to establish Decentralized Autonomous Energy (DAE) communities where energy is a digital asset that can be traded for several applications such as peer-to-peer, machine-to-machine, vehicle-to-microgrid, renewable energy certificate trading, and virtual net metering.
21
Country: Israel
Greeneum is a decentralized platform that rewards you for supporting an eco-friendly future. Greeneum makes it easy for you to contribute to the future of green energy by focusing on elements that strengthen and secure your financial positions.
22
Country: USA
GridPlus allows consumers to cut out the energy retailer and buy energy directly from producers via an Ethereum-powered blockchain network, cutting and managing energy usage.
23
Country: Germany
Grid Singularity is a creating an open Internet-based decentralized energy data exchange platform built on the blockchain technology.
24
Country: Malta
Efforce is the first platform that allows contributors to profit from the energy savings generated by energy efficiency projects worldwide.
25
Country: Israel
Greeneum is incentivizing customers to save energy and adopt eco-friendly lifestyles by awarding Green Certificates and Carbon Credits in the form of cryptocurrency for every watt-hour of renewable energy generated.
26
Country: France
IDYEE allows companies to reduce their carbon footprint by putting them in touch with energy experts who provide energy efficiency solutions, brokerage, certification as well as local certified renewable energy purchasing solutions in short circuits. via energy-efficient RAFT consensus blockchain technology
27
Country: South Africa
Sinan accelerates the commercial deployment of new renewable energy technologies by integrating these technologies into a blockchain enabled tokenization platform to build innovative plants that generate twin revenue streams, one stream from the sale of energy and an additional revenue stream from tokenized carbon credits.
28
Country: Romania
Energy Vampires launched the project via a collection of utility-based, renewable energy generating NFTs. With the money raised, the company plans to build a renewable energy production park. NFT purchasers, in turn, would become co-owners of the park.
29
Country: South Korea
Sesu.ai develops renewable smart grid energy platform based on AI, Blockchain software and IoT hardware.
30
Country: Romania
Tinia’s blockchain solution works within existing solar infrastructure, using the grid but solving the issue of energy transaction and inefficiencies at the microgrid level by creating an extra data layer and an operating system for distributed energy.