In a world where sustainability is essential, Rowan Energy is redefining renewable energy by merging it with blockchain technology. The result is a transparent, decentralized platform that rewards users for green practices and promotes a cleaner, more equitable energy future.
The Rowan SmartMiner: Clean Energy Meets Blockchain
Traditional crypto mining consumes vast amounts of electricity due to the Proof of Work (PoW) model. Rowan Energy tackles this with its Proof of Useful Generation (PoUG) system. Instead of solving complex algorithms, the Rowan SmartMiner rewards users for producing solar energy. This approach reduces emissions and encourages eco-friendly behavior through real-world benefits.
Key Features:
- Green Mining: Energy goes into generating solar power, not computational waste.
- Earn from Solar: Homeowners earn Rowan Rewards (RWN tokens) for each kilowatt-hour (kWh) of solar energy they generate. A 5kWp system could yield up to £450 annually.
- Blockchain-Enabled: The SmartMiner acts as both an energy tracker and blockchain node, ensuring secure and transparent data.
- Decentralized Grid (DePIN): A distributed network allows for real-time carbon tracking and future peer-to-peer energy trading.
Deflationary Tokenomics: Growing Value Through Scarcity
Rowan’s native token, RWN, gains value through built-in deflationary mechanisms:
- $150 Buyback per SmartMiner: Every sale leads to a $150 market buyback of RWN, reducing token supply.
- Carbon Certificate Sales: Each kWh mints a carbon offset certificate sold to businesses, funding more buybacks.
- Proven Impact: With 1,100 units deployed, $132,000 worth of RWN has already been repurchased.
- Future Potential: Hitting the goal of 1,000 SmartMiners/month would generate up to $1.8 million/year in buybacks, significantly boosting token scarcity and value.
Looking Ahead: A Decentralized Energy Vision
Rowan Energy aims to transform the entire energy landscape:
- Peer-to-Peer Energy Sales: Soon, users may sell excess energy directly to others, bypassing traditional utilities.
- Carbon Offset Tokenization: Corporations can track and verify carbon savings in real time, improving ESG compliance.
- Policy Support: Collaborations with initiatives like Power for People and the Local Energy Bill No.3 may pave the way for legal decentralized energy trading in the UK.
Rapid Growth and Global Reach
Rowan Energy has expanded from 200 to over 1,100 SmartMiners in just a year and aims for 1,000 units/month. Key growth factors include:
- Attractive Incentives: The SmartMiner makes solar energy more profitable for homeowners.
- Strong Distribution Network: Over 26 wholesale partners, including HDM Solar, help scale installations.
- International Ambitions: A new office in Portugal signals a move into the EU and other global markets.
Strategic Partnerships
Rowan Energy has partnered with major players like HDM Solar, KT&MJA Solar, Gas and Electric Services (UK) Ltd, and most notably Duracell Energy. By combining SmartMiner technology with Duracell’s battery storage solutions, Rowan is enhancing self-consumption and building a more resilient energy ecosystem.
Rowan Energy and Duracell will showcase their innovations at the London Solar & Storage Show (April 2–3, 2025) at Stand B27.
Conclusion
Rowan Energy is leading the charge in combining blockchain with renewable energy. Through the SmartMiner and a network of strategic partnerships, it empowers individuals to earn from clean energy while building a decentralized and transparent energy future.
Company info
Rowan Renewable Energy LTD
483 Green Lanes, London, England, N13 4BS
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