The move ties generators and charging equipment to a blockchain so their output and outages can be recorded in a way that can’t be changed.
Ant’s system already connects about 15 million devices, including wind turbines and solar panels. More than 9,000 charging units are on the ledger as well.
Financing of roughly 300 million yuan (about $42 million) has been arranged for three clean energy projects under the new setup.
In earlier deals, Ant helped Longshine Technology Group raise 100 million yuan, and later arranged over 200 million yuan by connecting photovoltaic assets to the chain for GCL Energy Technology.
Reports explain that these tokens represent slices of ownership or revenue streams from the projects. By offering tokens directly, operators can tap investors without going through traditional loan officers or underwriters.
That can speed up capital flows for project developers. Executives are also weighing whether to let the tokens be traded on offshore exchanges to create more liquidity, but those plans hinge on regulators granting permission.
Ant’s focus on energy adds a large, infrastructure-heavy example to the list. The technology could make it easier for smaller investors to own a piece of projects that were once accessible only to big institutions.
Featured image from Meta, chart from TradingView
