Positive Energy Ltd. wins first prize in the Power & Electric category at the 2018 Schneider Electric Bold Idea Challenge APAC region

Positive Energy Ltd. wins first prize in the Power & Electric category at the 2018 Schneider Electric Bold Idea Challenge APAC region

Positive Energy Ltd. was presented with this prestigious Award on Friday 21st of Sept 2018 for its innovative Renewable Energy finance platform.

Positive Energy Ltd. won the hotly contested prize of SGD 20,000 over 140 other startups. Participants presented a wide range of smart solutions in areas as diverse as energy storage, predictive analytics and software for Solar sales & design.

Through its Bold Idea APAC Challenge, Schneider Electric ambitions to uncover the most innovative and promising startups to collaborate with relating to the Power & Energy sector with a focus on new business models, solutions around energy efficiency, power distribution and ways industrial plants can generate their own energy.

On behalf of Schneider Electric, I’m delighted to award Positive Energy Ltd. the first prize in the Power & Electric Bold Idea Challenge at Innovation Summit Singapore,” explained Philippe Delorme, Executive Vice President Building & IT Business. “Schneider Electric embraces co-innovation with start-ups like Positive Energy Ltd. to design and test new business models which benefit our industry and the future world of energy.”

“Our team is extremely excited and proud to have received this award. We view this result as a validation of our project and as an important milestone as we seek to raise additional funds to kick start the business. We are very grateful to have been given the opportunity to be part of this Schneider Electric event and would like to thank the entire team for selecting us as their preferred choice in the Power & Electric category. We look forward to any future collaboration with the Schneider Electric.” Nicolas Payen, Co-Founder & CEO | Positive Energy Ltd.

Video of the Award Ceremony: https://youtu.be/8wxhmbEQyNQ


About Positive Energy Ltd.

At Positive Energy Ltd. our mission is to reimagine the energy funding process to accelerate the deployment of renewable energy assets globally. We provide a Blockchain based asset financing, trading and management platform that digitizes the transaction workflow making green investments fast, liquid and economically viable for all parties involved. We focus on small to mid-size renewable energy projects.

These projects are the driver of regional electrification and greener energy representing 25% of all installed capacity, yet due to their size are hard to finance with traditional project finance approaches. Our platform simplifies renewable energy investments with digital project listings, digital due data room & standardised workflow for due diligence and third-party certification services for key documentation. We believe that unleashing renewable energy finance is the key to a greener planet for ourselves and the next generations. Positive Energy Ltd. is a Singapore based company.



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