Under the deal Power Ledger’s peer-to-peer platform will provide a transactive layer for residents of Evermore to trade renewable energy between each other.
The Evermore, White Gum Valley residential development comprises 24 highly sustainable apartments powered by solar PV and cutting-edge lithium battery technology.
According to Power Ledger, residents will be able to save on their power bills using a combination of rooftop solar PV panels, battery storage and the company’s blockchain technology.
“We’re delighted to again work on projects like WGV that are changing the way we use energy and deliver a modern, decentralised and low-cost, low-carbon structure to residents,” Power Ledger co-founder and managing director David Martin said.
“Power Ledger is proud to be working with Yolk at Evermore and we look forward to the evolution of similar sustainable projects in Australia and across the globe.”
Located three kilometres from Fremantle city centre, White Gum Valley is Western Australia’s first “One Planet Community”, an international sustainability initiative that provides reduced costs of living to residents.
Evermore is the third WGV development to which Power Ledger will apply its technology, following the nearby Gen Y and Sustainable Housing for Artists & Creatives projects.