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PowerErn

Financing Solar Energy Solutions for High-Impact Communities via blockchain-based Micro-Investing Ecosystem

Founded 2018 United Arab Emirates United Arab Emirates 2-10 employees Pre Seed Blockchain, Energy +4

General Information

Company Name PowerErn
Founded Year 2018
Location United Arab Emirates United Arab Emirates +1
Employees 2-10
Industries Blockchain, Energy, Financial Services +3
Funding Stage Pre Seed
Social

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About PowerErn

PowerErn, a crowd-investing model for financing solar energy solutions provides electricity to high-impact communities & institutions that cannot bear the upfront costs, while delivering a financial return for investors through a buy-to-lease solar asset ecosystem. PowerErn is a platform where anyone in this world can purchase even a single solar cell costing less than 10$, earning a ~10-15% IRR passive income, leasing these cells to high impact communities and institutions at optimal places, giving them a solar plant at no upfront cost and lowering their energy bills. Today, the world has entered a phase of grid parity, where solar is no longer expensive than fossil fuels, however most people still can't access it due the high-capital investments. Our Mission is to reach hundreds of millions in the hottest areas of the world, who still don't have access to electricity. The innovative financial tools we have developed enable us to bring a global community together to drive sustainable energy development and make the environmental, social and economic benefits of solar power accessible and affordable for all.

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FAQ About PowerErn

Financing Solar Energy Solutions for High-Impact Communities via blockchain-based Micro-Investing Ecosystem
PowerErn was founded in 2018.
PowerErn is headquartered in United Arab Emirates.
PowerErn operates in the following industries: Blockchain, Energy, Financial Services, Fintech, Lending and Investments, Renewable Energy.
PowerErn has approximately 2-10 employees.
Top alternatives and competitors to PowerErn include P2 Solar, my-PV, SOLshare, Sunwealth, MPower Ventures AG. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PowerErn and P2 Solar are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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