Zeonergy

Inspiration

Coming from a renewable energy asset management background, we've seen how inefficient, expensive, and opaque sourcing for renewable energy has been despite its strong demand.

What it does

We then set out to develop a platform to tokenize renewable energy power purchase agreements and renewable energy asset investments. Renewable energy developers can then utilize our platform to get access to renewable energy off-takers (customers) and funding (investors) for their projects, while returns will be automatically channeled from off-takers to investors via smart contracts.

How we built it

Built it using a Next JS frontend and deployed the smart contract using Hardhat and Alchemy. Used IPFS storage to store the document data and NFT metadata

Challenges we ran into

Working with the ERC1155 token standard and storage using IPFS

Accomplishments that we're proud of

Implementing the smart contract and interacting with it using the Next JS app.

What we learned

-- Learned to migrate from Web2 framework to Web3 -- Learnt about ERC1155 tokens

What's next for Zeonergy

We are looking to accelerate our idea into an actual startup and build a business around it utilizing the connections we have in the renewable energy asset development space.