According to CryptoPotato, Slovenian energy trading platform SunContract has launched the world's first non-fungible token (NFT) marketplace for real-world solar panels. This allows users to directly benefit from the panels by earning from them or using the energy for personal consumption at home or in their businesses. The project aims to democratize renewable energy access and make it easier for holders to manage their energy assets.
SunContract announced the initiative during the Crypto Expo Europe conference held in Bucharest, Romania. The company's inaugural tokenized solar farm is located in the Slovenian village of Višnje, with a peak power of 517 kW. The NFTs represent individual panels at the farm. The first step of the initiative involves generating energy from the solar panel, which will later be sold on users' behalf in return for SNC tokens. These assets will be automatically credited to users' wallets after operational and maintenance fees are deducted.
NFT holders can use the energy in countries where SunContract owns permits or licenses, such as Slovenia, Estonia, and Croatia, with more to come. The NFTs can be bought and sold at any time in the marketplace, and holders can manage the generated energy through their 'Personal Power Plant' from a smartphone. SunContract's co-founder and CIO, Gregor Novak, emphasized the role of blockchain in expanding the platform's community and enhancing the user experience on a global scale.
