Start-up Clearwatts offers clarity in execution and settlement of complex power purchase agreements.
Clearwatts uses scalable distributed blockchain databases to execute and settle long-term power purchase agreements, O&M contracts and subsidy agreements in renewable energy projects.
Trough real-time execution Clearwatts takes out financial exposure risks between parties. The blockchain technology prevents transaction and reconciliation costs. Clearwatts creates transparency, efficiency and ease of use in complex transactional environments.