CarbonEnfo, a subsidiary of Empower Energy Technology, has joined the Energy Web Foundation’s ecosystem as part of its strategic move to expand its presence in the renewable energy sector. By integrating with Energy Web’s decentralized operating system and Web 3 infrastructure solutions, CarbonEnfo aims to revolutionize blockchain-enabled energy data services and enhance its offerings in the U.S. market.
CarbonEnfo, known for its expertise in direct solar generation and renewable energy measurement and management, plans to extend its knowledge in renewable energy data by developing enterprise and consumer-centric solutions tailored specifically for the U.S. market.
This move comes at a time when the U.S. solar industry is experiencing a significant resurgence. Despite disruptions caused by the COVID-19 pandemic, utility-scale solar installations made a remarkable rebound last year. Additionally, there was a 40% increase in the number of U.S. homeowners adopting rooftop solar systems compared to the previous year, according to the Solar Energy Industries Association.
As part of the Energy Web ecosystem, CarbonEnfo not only participates but also serves as an infrastructure operator and validator. This role significantly contributes to enhancing the network security of the Energy Web Chain, thereby strengthening the security of all enterprise software solutions relying on the Energy Web technology stack.
Energy Web’s open-source solutions are designed to unlock the untapped business potential of clean and distributed energy resources. By embracing Energy Web’s technology stack, CarbonEnfo envisions advancing its own application development and fostering trust and transparency throughout the energy supply chain.
Thatcher Young, CEO of CarbonEnfo, emphasized the collaboration’s commitment to transparency within the supply chain and the value of leveraging Energy Web’s technology stack. Jesse Morris, CEO of Energy Web, welcomed CarbonEnfo into their ecosystem, recognizing the importance of innovative experts in shaping the renewable energy landscape.
Energy Web, as a global non-profit organization, plays a crucial role in accelerating the transition to clean energy. Their open-source technology solutions enhance coordination across intricate energy markets, unlocking the full potential of clean and distributed energy resources for businesses, grid operators, and customers.
At the core of Energy Web’s offerings lies the Energy Web Chain, the world’s first public blockchain tailored specifically for the energy sector. This innovative blockchain infrastructure supports solutions for enterprise asset management, data exchange, and the registration and tracking of low-carbon products through Green Proofs.
The Energy Web ecosystem encompasses a diverse range of industry stakeholders, including utilities, renewable energy developers, grid operators, corporate energy buyers, automotive companies, IoT specialists, and telecommunications firms. This collaborative network is poised to drive the clean energy transition forward, paving the way for a sustainable and technologically advanced future.
CarbonEnfo’s integration into the Energy Web ecosystem reflects the growing importance of blockchain-enabled energy data services in the renewable energy sector. This partnership not only strengthens network security but also positions CarbonEnfo to deliver innovative solutions harnessing the potential of clean and distributed energy resources. With industry visionaries like CarbonEnfo and the transformative capabilities of Energy Web’s technology stack, the clean energy transition gains momentum, paving the way for a greener and more sustainable future.
