WePower is revolutionizing the green energy sector by offering a trading platform that facilitates direct investment into renewable energy projects. With its slogan, "Empowering direct green energy investments with simplified, transparent trading," the company leverages blockchain technology to enable efficient and secure transactions.
The platform connects energy buyers and producers directly, allowing upfront purchases at below-market rates and providing liquidity through trading power purchase agreements (PPAs). WePower stands out by issuing energy tokens using Ethereum Smart Contracts, which simplifies and standardizes green energy investments.
Founded in 2016 and headquartered in Vilnius, Lithuania, the company has attracted notable seed investment from investors including Connect Capital, Distributed Network Advisors, and Galaxy Investment Partners on 01 July 2019. Operating at the intersection of blockchain, renewable energy, and trading, WePower presents an innovative solution in global energy finance.