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 Jürgen Flauger and Kathrin Witsch in Handelsblatt. “The average Joe can now actively participate in the energy transition,” said Enyway manager Heiko von Tschieschwitz, who also founded Germany’s first and now largest green power provider Lichtblick almost 20 years ago. “The investment into a pizza parcel pays for itself within a few months,” 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 “wants to make classic utilities redundant. Enyway is an online marketplace that directly brings together the operators of wind turbines and solar roofs with consumers,” write Flauger and Witsch.

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