POWR to Fiat Converter

Powerledger (POWR) is a technology company that develops software for decentralized energy markets, aiming to create a more sustainable future. Its blockchain-based platform facilitates the tracking and trading of energy, flexibility services, and environmental commodities. The company's goal is to modernize energy grids by enabling market-driven solutions that give consumers greater choice while promoting the democratization of power.

Headquartered in Zug, Switzerland, Powerledger operates in multiple countries. The platform utilizes two blockchain layers: the POWR token, an ERC-20 token issued on Ethereum, and Powerledger’s native blockchain, built on Solana, which processes energy transactions efficiently at scale.

The POWR token serves as a license for businesses—including utilities, renewable energy operators, microgrids, and property developers—to access Powerledger’s platform. It may also be used for transactions on the Powerledger blockchain.

By integrating renewable energy with blockchain technology, Powerledger provides cost-effective and sustainable energy solutions. In the past, grid parity—where solar-generated energy costs matched or fell below retail electricity prices—was achieved in several countries, demonstrating the viability of renewable alternatives.