Share this article
Power Ledger to Bring Blockchain Energy Trading to West Australian Housing Developments
The blockchain firm will provide the technology to enable energy trading at 10 new housing developments.
Updated Sep 14, 2021, 8:31 a.m. Published Apr 22, 2020, 3:15 p.m.
Power Ledger will provide the blockchain technology to enable energy trading at new housing developments in Western Australia.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Under a deal announced Wednesday the energy-focused startup will install its platform across 10 residential estates being built in the Perth metropolitan area by local property developer Nicheliving.
A joint venture between Connected Communities Energy and Nicheliving, the energy trading project will see Power Ledger's blockchain platform implemented in Nicheliving's flagship "Sky Homes" and future housing over the next three years.
“Nicheliving is the largest medium density developer in Western Australia to deliver blockchain technology to manage energy delivery and trading,” said Jemma Green, co-founder and chairman at Power Ledger, in a press release.
“We’re seeing an emerging trend of project developers considering more low-cost and low-carbon energy supplies during the design phase of their projects. Power Ledger’s platform incentivizes homeowners to invest in solar energy infrastructure,” Green added.
See also: Power Ledger Inks Deal to Allow French Consumers to Customize Green Energy Mix
Power Ledger said the initiative will kick off with 62 Sky Home apartments based in Inglewood, Perth, that will feature an embedded electricity network with solar and a storage microgrid. It will leveraging blockchain technology to stimulate a local renewable energy market.
"Power Ledger’s technology enables homeowners to lower their daily energy costs and unlock a new revenue stream by monetizing excess solar energy and reducing their reliance on fossil-fuel sourced power,” Nicheliving's managing director, Ronnie Michel-Elhaj, said.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks
BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.
What to know:
- Bitcoin erased very modest overnight gains early Monday and spent the rest of the U.S. session in a tight range around the $90,000 level.
- Rising long bond yields and a small U.S. equities pulling back weighed on risk appetite as traders eye this week's Federal Reserve meeting.
- Bitfinex analysts pointed out bitcoin's relative weakness against U.S. stocks amid modest spot demand and structural softness.
Top Stories
