Enel-Conio initiative allows Italians to offset energy bills by owning tokenized portions of Enel’s solar farms on Algorand blockchain

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While in actual sense, the tokens represent only a small fraction of the solar farms, there is an interesting part to them. That is the fact that users may use the energy produced by their investments to offset their residential energy bills
The tokenized product will allow Italians to own a portion of Enel’s solar farms and use the generated power to offset the electricity usage of residential properties

Related projects

Algorand Foundation
Enel
Conio

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Blockchain technology

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Overview of Enel’s tokenized solar energy initiative

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