Bright Ideas

Dipole Tech: Using blockchain to democratize access to renewable energy in Asia

  • China
  • 5 min read
  • Sep 25, 2020
  • By Wei Liu

Image: Shutterstock

Having established key markets in the Philippines and Thailand, China’s Dipole Tech is next gaining ground at home for its energy trading app

Since 2016, blockchain-enabled P2P trading of renewable energy has sparked a major shift in the energy sector in many developed economies. Consumers using such platforms enjoy a lower cost of energy and of switching to solar, as well as gain control over the key resource for the first time, ending the traditional power held by utilities. In Asia, Shanghai-based startup Dipole Tech has created a platform for consumers in developing countries like Thailand and the Philippines to gain the same potential benefits.
Last year, Dipole, in partnership with SunAsia, the fourth largest solar energy d...

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Edited by S. Mani, Wang Xiao'e

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