10 May '18, 3pm

AWEA 2018: Blockchain finance firm targets wind power

Datawatt Energy will use blockchain financing to build and run wind projects, said co-founder David Halligan, former CEO of Goldwind Americas. "Wind will be a major portion of our business," said Halligan. "We plan to undertake wind projects globally and hope we are able to unlock wind projects in markets that otherwise would not get done due to financing or offtake limitations." Blockchain underlies the crypto-currency Bitcoin. An ordinary member of the public with a Datawatt app on their cell phone could choose to a invest in certain wind or other renewables projects anywhere in the world by buying – for example -- a $1,000 token representing a certain number of kilowatt-hours. The investor would then reap a reward when and if the project turns a profit. Halligan and co-founder Evelyn Lim – former managing director at TerraForm Power and former project finance partner at...

Full article: https://www.windpowermonthly.com/article/1464340/awea-201...

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