penomo helps Battery energy storage system producers, operators and energy-as-a-service providers.
penomo is a smart contract based infrastructure enabling storage battery producers & operators to crowd-finance capital with DeFi and discover new revenue streams using tokenization technology that unlocks liquidity of their assets.
Why?
Less than 5% of total renewable energy today is backed by storage today. The sun doesn't always shine and winds don't always blow. Battery energy storage acts as the flexible, safety storage shields in such times (daily!) and ensure that our industries and societies continue to be powered. It is an understatement to say that our world won't have a successful renewable energy transition without a corresponding energy storage revolution.
To make this work, Battery storage capacity needs to grow 15x by 2030 alone. But that growth is hindered as the industry is still stuck with financial technologies of the past, monetisation mechanisms remain limited and the consumers remain disconnected from the energy market, placing a true energy storage revolution at risk.
penomo de-risks the energy storage finance market, acting as its decentralized, fast and low-cost financing and monetization engine.
We unlock the full potential of Real World Assets (RWAs) - BESS - and bring the power of #DePINs to the energy economy and beyond.
Connect with us to get a demo and explore the ways in which we could help you!
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