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News Digest Item
08 Nov 2018

Hamburg start-up Enyway transforms citizens into power producers for 39 euros

Handelsblatt / Enyway

Hamburg start-up Enyway has started to rent out pizza box-sized fractions of its first large solar-array for 39 euros each, report J眉rgen Flauger and Kathrin Witsch in Handelsblatt. 鈥淭he average Joe can now actively participate in the energy transition,鈥 said Enyway manager Heiko von Tschieschwitz, who also founded Germany鈥檚 first and now largest green power provider Lichtblick almost 20 years ago. 鈥淭he investment into a pizza parcel pays for itself within a few months,鈥 the company says. Enyway uses blockchain-technology to identify individual PV panel fractions and delivers the power they generate to the corresponding investors. The young company 鈥渨ants to make classic utilities redundant. Enyway is an online marketplace that directly brings together the operators of wind turbines and solar roofs with consumers,鈥 write Flauger and Witsch.

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