Power Ledger
Power Ledger is a private software company that builds a Solana-based blockchain platform for peer-to-peer renewable energy trading, energy provenance, and renewable energy certificate marketplaces, serving utilities, energy retailers, governments, and corporate sustainability buyers across 10+ countries.
- Company typePrivate
- Founded2016
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Power Ledger does
Power Ledger Pty Ltd is a private, venture-backed Australian-headquartered (now Zug, Switzerland-based) software company founded in 2016 that develops blockchain-based platforms for tracking, tracing, and trading renewable energy. Its modular product suite centers on xGrid (a transactive platform for peer-to-peer energy trading with smart contract-driven settlement), Vision (energy provenance and traceability from generation source to consumption), PPA Vision (Power Purchase Agreement management with near-real-time matching and carbon-free energy scoring), TraceX (a digital marketplace for Renewable Energy Certificates with integrated KYC, contracting, and settlement, integrated with the M-RETS and ERCOT registries), and Transactive Lite (a simplified batch-based P2P trading product for faster deployment in communities and campuses). The platform runs on the Solana mainnet, with the POWR token (ERC-20 and SPL) supporting ecosystem participation, multichain transfers via Wormhole NTT, and listings on BitMart, Raydium, and Jupiter.
The company serves enterprise and government customers including utilities, energy retailers, transmission system operators, brokers, traders, and large corporate energy buyers across more than ten countries — including CESC, Tata Power-DDL, and the Uttar Pradesh government in India; Energie Steiermark and Elia in Europe; ekWateur in France; BCPG, TDED, and Chiang Mai University in Thailand; SEDA Malaysia; EVN-CPC in Vietnam; KEPCO in Japan; Metlen in Greece; and CUB in Australia. Go-to-market is primarily direct enterprise sales supplemented by channel partnerships with energy retailers, network operators, and property developers. The business model combines subscription/recurring platform licensing for software deployments, transaction/marketplace commissions on TraceX REC trades, and transaction fees on xGrid P2P energy trading, with custom enterprise pricing rather than publicly disclosed rates. Notable operational scale includes 300,000 smart meters connected via ekWateur, 50,000 monthly transactions processed for the Australian Government-backed RENeW Nexus project, and over 1.2 million RECs traded via TraceX in early 2025. A foundational regulatory milestone was the Uttar Pradesh Electricity Regulatory Commission tariff order mandating all state utilities implement P2P energy trading following Powerledger's Lucknow pilot.
Power Ledger firmographics
Firmographics- Name
- Power Ledger
- Legal name
- Power Ledger Pty Ltd
- Website
- https://powerledger.io
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Power Ledger is a private software company that builds a Solana-based blockchain platform for peer-to-peer renewable energy trading, energy provenance, and renewable energy certificate marketplaces, serving utilities, energy retailers, governments, and corporate sustainability buyers across 10+ countries.
- Ownership category
- akta.pro rank
Power Ledger industry classification
Industry- Product category
- Energy Trading & Environmental Commodity Software
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)
- akta.pro secondary industries
- Virtual Power Plants & Aggregation Market Access (DER Aggregation, Dispatch, Settlement) (EUAMAMAE), DERMS & Microgrid Control Software (EMS/SCADA/DERMS) (EUAMAJAG), SCADA/DMS/OMS Integration, Upgrades & Managed Services (EUAEANAE)
Keywords
Where Power Ledger is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
Power Ledger business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D
Revenue model
- Platform Licensing: Powerledger provides its blockchain-based energy trading platform to utilities, energy retailers, and corporations through licensing agreements. The modular platform can be contracted separately and scaled as needed.
- TraceX Marketplace Commission: TraceX operates as a digital marketplace for REC trading, charging transaction fees and commissions on renewable energy certificate trades. The platform facilitates counterparty KYC, contracting, payment and settlement automation.
- P2P Energy Trading Fees: Revenue generated from peer-to-peer energy trading transactions facilitated through xGrid platform. Smart contracts automate settlement and generate fees from energy trades between participants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform licensing with modular solutions |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Power Ledger product offering
Product offeringCore offering
Powerledger develops a modular, blockchain-based SaaS platform that enables peer-to-peer renewable energy trading (xGrid), energy provenance and PPA tracking (Vision, PPA Vision), and a digital marketplace for trading Renewable Energy Certificates (TraceX). The platform, now built on Solana mainnet, is sold to utilities, energy retailers, government bodies, and large corporates for grid optimization, sustainability verification, and environmental commodity exchange.
Product overview
Power Ledger operates a modular, scalable SaaS platform organized around three pillars: Energy Trading and Traceability (xGrid, Vision, PPA Vision), Environmental Commodities Trading (TraceX), and specialized solutions for EV charging and hydrogen tracking. The xGrid platform serves as the core transactive engine for P2P energy trading, while Vision provides consumer energy choice and provenance tracking. TraceX is the REC marketplace with registry integrations. Products can be contracted separately and scale as needed. The POWR token (ERC-20 and SPL) supports ecosystem participation.
Differentiator
Problem solved
Functional benefit
Brands
- TraceX: A comprehensive Environmental Commodity exchange and digital marketplace for Renewable Energy Certificates (RECs) trading, streamlining contracting, trading, and settlement.
- Transactive Lite
- Unblock'd Podcast
Products and services
- xGrid Transactive energy platform enabling peer-to-peer energy trading between consumers, producers, and prosumers with real-time trading, dynamic pricing, automated settlement, and a blockchain audit trail for energy transactions.
- Vision Energy provenance and traceability platform that allows consumers to choose their energy mix by type, source, location, and amount, integrating with smart meters to track energy from generation to consumption.
- PPA Vision Power Purchase Agreement management and tracking solution providing real-time energy tracking, immutable blockchain records to prevent double-counting, and smart contract automation for settlements, with granular energy data and carbon-free energy scoring for PPA portfolios.
- TraceX Digital marketplace and exchange for Renewable Energy Certificates (RECs) and environmental commodities with automated KYC, contracting, payment settlement, and registry integrations with M-RETS and ERCOT.
- Transactive Lite Simplified, batch-based peer-to-peer energy trading model designed for faster deployment, working with existing meter data to deliver energy flow transparency, P2P trading with market-based allocation algorithms, carbon accounting at meter level, and a blockchain audit trail via Solana. Targets energy communities, campuses, EV charging networks, and regulatory sandboxes.
Quantifiable outcome
- 43% lower energy buy price through P2P trading compared to retail tariff in UP, India
- +7 more outcomes
Companies that use Power Ledger
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles3 records
Power Ledger technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability5 records
Feature6 records
Power Ledger partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and minor.
- Metlen (previously MYTILINEOS)corePartnership to introduce energy provenance tracking in Greece through Protergia brand, enabling consumers to trace near real-time energy and generate carbon-free energy scores.
- Energie SteiermarkcoreCollaboration to launch smartCOMMUNITY platform in Austria, enabling residential and business customers to manage and trade surplus solar energy, with over 600,000 customer base.
- BCPG (Thailand)coreThai renewable energy business deploying Powerledger's software for P2P trading in T77 Bangkok precinct, expanding solar generation capacity by 50% across multiple buildings.
- Calcutta Electricity Supply Corporation (CESC)corePartnership with CESC, India's oldest fully integrated utility, for largest P2P trading project with over 1,000 participants demonstrating blockchain-enabled solar energy trading in West Bengal.
- Tata Power-DDLcoreTechnology deployment facilitating P2P trading of solar power from over 2MW of solar PV systems across 150 meters in North Delhi, enabling prosumers to monetize excess energy.
- India Smart Grid Forum (ISGF)coreImplementation partner for P2P blockchain trials in India, working with state utilities and regulatory bodies to enable energy trading frameworks.
- ekWateurcorePartnership with leading independent renewable energy retailer in France to enable 300,000 customers to choose their own energy mix from renewable sources.
- Metropolitan Electricity Authority (MEA)coreThai utility provider partnering with BCPG and Powerledger to enable rooftop solar P2P trading across Bangkok precincts.
- TDED (Thai Digital Energy Development)coreJoint venture with BCPG for P2P energy trading and environmental commodity trading at Chiang Mai University, with 12 MW solar PV capacity expansion.
- Chiang Mai UniversitycoreResearch university deploying P2P trading across three campuses with over 150 buildings, aiming for net-zero with 58% energy from local solar.
- M-RETS (Midwest Renewable Energy Tracking System)coreIntegration with largest voluntary REC registry in North America, enabling M-RETS members to access TraceX marketplace for REC trading with automated settlement.
- SolanacoreMigration from proprietary blockchain to Solana mainnet for high scalability, low transaction costs, and energy efficiency supporting tens of thousands of energy transactions.
- ERCOTcoreTraceX integration with ERCOT (Electric Reliability Council of Texas) enabling REC trading support for C&I buyers, brokers, and traders in Texas market.
- WormholecoreIntegration of Wormhole's Native Token Transfers (NTT) standard enabling multichain POWR token transfers between Ethereum and Solana.
- DePIN AssociationminorFounding member of DePIN Association supporting decentralized physical infrastructure networks and sustainability applications.
- SEDA Malaysiacore8-month P2P energy trading trial demonstrating ability to coordinate local renewable energy distribution in Malaysia.
- EliacoreR&D project with one of Europe's largest Transmission System Operators in Belgium exploring blockchain applications in energy markets.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Power Ledger competitors and assessment
Company assessmentDirect peers
- Energy Web Foundation: Energy Web is a non-profit building open-source blockchain infrastructure (Energy Web Chain) specifically for the energy sector. Both Powerledger and Energy Web focus on blockchain-based energy applications — including grid services, RECs, and DER coordination — and compete for similar utility and corporate customers globally.
- Piclo: Piclo operates an independent matching platform connecting local renewable generators with consumers via "green tariffs," enabling local energy trading. Like Powerledger, Piclo targets utilities and grid operators for P2P/peer-matching energy services, with deployments in the UK and EU.
- LO3 Energy: LO3 Energy (now part of the Energy Blockchain Consortium) pioneered P2P energy trading using blockchain via its TransActive Grid platform in Brooklyn's microgrid. Direct competitor to Powerledger's xGrid, with shared focus on local energy markets and prosumer monetization.
- Grid Singularity (Energy Singularity Exchange): Grid Singularity develops an open-source energy exchange and simulation platform for decentralized energy markets, including P2P trading, VPPs, and grid services. It overlaps with Powerledger's xGrid and TraceX capabilities and is a co-founding member of the Energy Web Foundation.
- Voltus: Voltus operates a DER aggregation and dispatch platform delivering grid services and demand response across North America. While focused on demand-side flexibility rather than P2P trading, it competes in the same DER aggregation/value-stacking category as Powerledger's xGrid and adjacent utility-facing capabilities.
- WePower: WePower tokenizes renewable energy contracts and enables direct PPAs between generators and corporate buyers via blockchain. Directly comparable to Powerledger's PPA Vision and TraceX offerings, with similar token-based go-to-market and EU/Asia focus.
- Electron (ElectronConnect): Electron is a UK-based blockchain company operating meter registration, flexibility trading, and REC products on distributed ledgers. Its flexibility/CMP platform and REC registry offerings directly parallel Powerledger's xGrid and TraceX, targeting UK and EU utilities.
Broad incumbents
- AutoGrid (Schneider Electric): AutoGrid, acquired by Schneider Electric, provides DERMS and Virtual Power Plant (VPP) software used by utilities worldwide. It competes with Powerledger in the VPP/DER aggregation space, but as part of Schneider's broader energy management portfolio, with deeper utility relationships and balance sheet.
- Uplight: Uplight provides customer engagement, energy management, and DER program software for utilities across the US and globally. As a broader incumbent in the utility software space, it competes indirectly with Powerledger's energy retailer and grid operator offerings, particularly for sustainability and DER programs.
Emerging players
- Enosi: Enosi offers a blockchain-based energy provenance and trading platform focused on RECs and renewable energy matching for corporates and utilities. It overlaps with Powerledger's Vision, PPA Vision, and TraceX capabilities and targets similar European corporate sustainability buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Power Ledger social profiles
Digital presencePower Ledger financial estimates
Financial estimateRevenue estimate
Valuation estimate
Power Ledger leadership team
Management profileNumber of profiles
Profiles9 records
Power Ledger subsidiaries and ownership
Company hierarchySubsidiaries1 record
Power Ledger funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Power Ledger M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Power Ledger
What does Power Ledger do?
Powerledger develops a modular, blockchain-based SaaS platform that enables peer-to-peer renewable energy trading (xGrid), energy provenance and PPA tracking (Vision, PPA Vision), and a digital marketplace for trading Renewable Energy Certificates (TraceX). The platform, now built on Solana mainnet, is sold to utilities, energy retailers, government bodies, and large corporates for grid optimization, sustainability verification, and environmental commodity exchange.
Is Power Ledger a public or private company?
Power Ledger is a private company. It is classified as venture growth investor backed and is currently operating.
When was Power Ledger founded?
Power Ledger was founded in 2016. It employs 11 to 50 people.
Where is Power Ledger based?
Power Ledger is headquartered in Perth, Australia, in the Oceania region.
How does Power Ledger make money?
Three revenue lines are on record. Platform Licensing is the primary driver. The others are traceX Marketplace Commission and P2P Energy Trading Fees.
Who are Power Ledger's main competitors?
Direct peers on record are Energy Web Foundation, Piclo, LO3 Energy, Grid Singularity (Energy Singularity Exchange), Voltus, WePower and Electron (ElectronConnect). Broad incumbents are AutoGrid (Schneider Electric) and Uplight. Enosi is listed as an emerging player.
Does Power Ledger have an API?
No public API is recorded for Power Ledger.
What industry is Power Ledger in?
Power Ledger's product category is Energy Trading & Environmental Commodity Software. Its primary akta.pro industry code is EUAMAJAC, DER Aggregation & Virtual Power Plants (VPPs), with a secondary code of EUAMAMAE, Virtual Power Plants & Aggregation Market Access (DER Aggregation, Dispatch, Settlement). Its NAICS code is 2211 and its SIC code is 4911.