Powerledger Integrates with Solana to Boost Clean Energy and Sustainability Narrative

Australian energy technology company Powerledger has announced its integration with the Solana ecosystem. The integration aims to amplify the "narrative of clean energy and sustainability within the blockchain space." Powerledger will integrate its products with the Solana mainnet and cease operating its own Solana Virtual Machine (SVM) blockchain.

Powerledger states, "At the core of both Powerledger and Solana is a shared vision of innovation, sustainability, and transparency - values that are increasingly important as the world shifts towards ReFi (regenerative finance) and sustainability." ReFi aims to create economic systems that go beyond generating financial returns and focus on restoring and improving social, environmental, and economic well-being. As of this writing, the total ReFi market cap is $1.1057 billion according to CoinGecko.