Rowan Energy: Shining a Solar Light on Putting Climate Change at the Heart of their Business Model

LONDON, UK / ACCESSWIRE / November 12, 2021 / Ever since launching in 2018, Rowan Energy’s founder, David Duckworth, has wanted to develop a way of using energy without being carbon-heavy. That business model is at the heart of Rowan Energy which is building the world’s first community fed green energy company where rooftop generators sell their energy peer to peer with other consumers.

In order to pilot Rowan’s new products, in 2021 with their partner Ecocute, they launched a beta rollout demonstrating a promising innovative technology at the service of a green energy model. Ecocute contacted 100 of their existing customers and chose 50 to install over a period of 5 weeks. These devices use a SmartMiner; a device developed by Rowan which combines a crypto miner and a smart meter. This SmartMiner counts the energy produced as well as validates transactions on the Rowan blockchain. The beta rollout allowed Rowan to better understand their customers’ expectations and the feature upgrades that need to be made both to the platforms and hardware.

“I’m really pleased with the Rowan Energy system so far, the installation was fast and hassle-free and rewards have been coming in daily ever since.”

M Roberts, Nottingham UK

For Rowan’s CEO and Founder, testing with 50 households to roll out to 50 000 households is not the same ballgame. His team will be focusing on the learning from the rollout and the necessary preparation to take this innovation plan to scale.

But what does Rowan’s model offer? 10p per KwH generated (not just fed into the grid) in Rowan Coin, almost twice as much as Octopus Energy’s 5.5p per KwH. These tokens can be transferred to the Rowan debit card, paid out via Paypal or transferred to a Rowan wallet. Including the cryptocurrency option within the solar power system wastes less energy and is less carbon-heavy. In 2021, Rowan customers were able to generate through their solar panels on average 11.50 KWh/day that’s the equivalent of five, thirty-minute cycles with your washing machine. In total, Rowan’s customers created 78,933.19 kWh and saved 18,391.43 kgCO2e.

Rowan is in a heavy development process, investing in new experienced team members in order to bring out the next software version of the SmartMiner and upgrading its backend infrastructure. Rowan expects to release the next 1000 Rowan SmartMiners Q4 2021 before installing them in early 2022. If you are interested in getting on the Rowan waiting list email support@rowanrewards.com.

Rowan’s innovations come hot on the heels of the COP26 being hosted by the UK at the end of October. Rowan Energy leads the way on other solar panel energy providers in how business can contribute to the climate change agenda using technology and innovation for the development of infrastructure and the need to transition to a greener and more climate-resilient economy.

Rowan Renewable Energy LTD
483 Green Lanes, London N13 4BS
https://rowanenergy.com
support@rowanrewards.com

SOURCE: Rowan renewable energy LTD

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