[PRESS RELEASE – Dubai, United Arab Emirates, December 25th, 2024]

NRG, launched by Renewables.Network, is proud to announce the world’s first Decentralized Physical Energy Network (DePEN)—a platform that merges blockchain technology with real-world energy assets (RWAs) to revolutionize electricity infrastructure globally.

Designed as a protocol for electricity, NRG aims to create a unified interface for energy transactions, accelerating the clean energy transition in underserved regions of the Global South. By leveraging innovative technology and hardware, the platform promises to unlock capital, improve transparency, and drive impactful energy adoption.

This launch is powered by a partnership between Distributed Energy (DE), a leader in renewable asset development, and Ajna Capital, a VC firm driving innovation in the Web3 ecosystem. DE will bring over $15 million in operational solar assets from India and Africa onto the blockchain, offering proof of concept for this revolutionary model.

Hardware Innovation for Energy Networks

NRG is not just a platform— it is also developing proprietary hardware to interface seamlessly with solar inverters and energy meters. These devices enhance verification and data transparency, laying the foundation for future breakthroughs in energy metering and management.

The Future of Clean Energy

NRG’s long-term vision: To build a protocol for electricity, creating a unified energy interface that fosters efficient, low-cost, high-volume transactions. Through tokenized assets, virtual renewable grids, and decentralized governance, NRG aims to deliver real impact where needed most.

Key Features and Benefits of NRG:

• Decentralized Energy Network: A blockchain-based platform connecting energy providers, users, and investors.
• Tokenized Energy Transition: Users ca