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State of Arkreen Green DePIN 2024 Annual Report

Arkreen

• 11 min read
State of Arkreen Green DePIN 2024 Annual Report

Introduction

2024 marked a pivotal year for Arkreen Network as it redefined the Decentralized Physical Infrastructure (DePIN) landscape. Establishing itself as the leading DePIN energy project and on-chain energy asset protocol, Arkreen achieved transformative milestones, including Mainnet launch, 190,385 Green Energy Data Nodes Deployed and issuance of over 131,920 MWh of on-chain tokenized Renewable Energy Certificate (REC) assets. Flagship programs such as the Community Solar Program (CSP), Plug for Green Program (PGP), and GreenBTC.Club empowered global participants to take part in building decentralized energy infrastructure network and participate on-chain climate action. Backed by industry leaders like Polygon, Celo, and Solana, Arkreen accelerated the voluntary carbon market's evolution through tokenized RECs solutions. As Messari projects the DePIN market to surpass $3.5 trillion by 2028, Arkreen continues to drive innovation with initiatives like PGP Green DePIN Initiative, REC RWA Initiative and Green AI, delivering real-time sustainability impacts, offsetting over 6,798 tons of CO2 through 808,176 On-Chain Climate Actions. By bridging decentralized energy networks with tangible climate action, Arkreen is setting the foundation for a sustainable, inclusive future and renewable energy on-chain economy.

2024 Arkreen ATH Milestones

Arkreen’s Unforgettable 2024 in Numbers

  • Phase 1 Testnet: Concluded on February 27th.
  • Mainnet Launch: Launched on February 28th.
  • Total REC Assets Issuance and Offset Amount: 131920.404 MWh
  • Green Energy Generated: 9,589.6 MWh
  • On-Chain Climate Actions: 808,176.
  • Energy Data Nodes Deployed: 190,385.
  • CO2 Offset: 6,798.82 tons.

Supply Side — Community-Driven with $AKRE Token Incentivised:

  1. Community Solar Program (CSP)

Launched on April 28th, the Community Solar Program (CSP) connects rooftop solar systems to Arkreen’s blockchain-based network, enabling green energy assets' on-chain issuance. The CSP records renewable energy generation data immutably on the blockchain and introduces a unique mechanism for participants to engage in renewable energy self issuance and certification on-chain.

Key Highlights:

  • Globally CSP Plant Miners: Supporting the "Impact to Earn" mechanism, CSP promotes self-certified on-chain Renewable Energy Certificates (AREC) for long-tail DERs markets. View all CSP Plant Miners in the CSP Gallery.
  • CSP Content Competition: Arkreen invites the community to contribute raw footage showcasing the program’s impact. Selected content will enhance our marketing efforts, driving awareness toward a greener future. Details can be found here.
  1. Remote Miner Pro (RMP): Enhanced accessibility for green energy mining.

Arkreen enhances accessibility to green energy mining with its Remote Miner Pro, backed by I-REC registered solar plants.

Highlights:

  • Vietnam Trial Success: The first RMP miner is powered by a 660KW commercial solar plant, providing stable, high-quality green energy data. (https://evident.app/IREC/device-register/ROOFES10109)
  • Real-Time Data Transparency: Users access live energy generation data and $AKRE rewards through the Arkreen dashboard.
  • Simplified Monitoring: On-chain tracking fosters trust and engagement within the community.
  1. REC RWA Initiative: A Breakthrough in Green Energy Assets

Arkreen introduces the REC Real-World Asset (RWA), combining green energy for innovative tokenization. With RWAs gaining global traction, Arkreen’s AREC protocol allows community-driven certification of Renewable Energy Certificates (RECs). The REC RWA enables community individuals to self-certify green energy data, both registered with the I-REC off-chain, and engage in the trading of these assets with on-chain liquidity, providing new pathways for individuals to participate in global inclusive climate action.

Key Features:

  • Community-Driven Certification: Self-certified green energy data registered off-chain with I-REC and tradable on-chain.
  • Enhanced Accessibility: New pathways for individuals to participate in global climate action through tokenized assets.

Explore more here.

  1. Simple Staking

Arkreen’s staking options—Now we have successfully launched staking options of 30, 60, 90, or 180 and 365 days—launched since May 29th 2024, allowing community members to earn shared rewards while supporting the project’s growth.

  1. Battery Bank Program (BBP): Expanding to New Energy Scenario

Energy storage is pivotal for decentralized energy generation and renewable energy on-chain economy. Arkreen’s BBP initiative integrates battery solutions to ensure consistent energy availability for AI computing hubs.

Pilot Program:

  • Category 1: Select 1-2 early test users from Arkreen CSP Plant Miner owners in Germany, Belgium, Netherlands, and Luxembourg, to experience the first batch of engineering battery miners in the home with local installation & maintenance support.
  • Category 2: Select dozens of early test users from our global community to participate this trial as remote & virtual battery miners.

More details here.

Demand Side — Globally monetize energy assets with on-chain economies

  1. GreenBTC

Achievements:

  • Community Contributions: 710,000 climate actions.
  • Blocks Greened: Over 160,000.
  • Bitcoin Energy Offset: on-chain offset 110GWh electricity.

GreenBTC.Club V1, co-initiated by Hashkey Group, OKX Ventures, ReFi DAO, Ready Player Club, Waterdrip Capital, and Arkreen, saw the launch of our initial product, marking the transition from 0 to 1. Read the full review here.

Launch of the Bosera HashKey Bitcoin ETF (3008.HK) Bitcoin Greening Initiative:

In collaboration with HashKey Group, this program offsets carbon emissions from Bitcoin mining, making ETF shareholders “green” digital asset holders. Details available here.

Pepe for Green:

Transforming from a meme coin to a movement, Pepe for Green offsets Bitcoin’s carbon footprint and advocates for sustainable crypto practices. Read more here.

  1. Plug for Green Program (PGP)

Highlights:

  • Global Reach: Smart plugs deployed in over 40+ countries, enabling real-time offsetting of people-centric brown energy consumption. Community PGP User Sharing Video https://www.youtube.com/watch?v=I2La4z-YHS4
  • Innovative Use Cases: Real-time tracking of Tesla charging and energy onchain offsets through tokenized RECs. Discover more about PGP’s impact here.
  1. Green AI

Arkreen powers every AI interaction with 100% renewable energy through on-chain offset mechanisms and tokenized RECs. This approach fosters sustainable AI practices and ensures environmental accountability for generative AI workloads.

Learn more here.

  1. AREC Protocol: Paving the Way for Voluntary Carbon Markets

The Arkreen AREC Protocol is transforming voluntary carbon markets through its innovative blockchain-based approach to Renewable Energy Certificate (REC) management. Collaborating with leading Web3 projects committed to carbon neutrality accelerates the growth of the AREC Protocol by addressing key challenges, such as tapping into the long-tail market of residential solar panels and the underutilized small-scale REC retail market. These strategic partnerships drive efficiency, transparency, and accessibility in carbon offsetting, empowering individuals, businesses, and ecosystems to make meaningful contributions toward a sustainable future.

  1. AREC DApp on Polygon

Arkreen's pioneering AREC DApp, launched on Polygon, enables tokenized Renewable Energy Certificate (REC) lifecycle management, bridging renewable energy data with the on-chain economy. Polygon’s commitment to carbon neutrality and its high-performance capabilities as a side-chain make it the ideal platform for Arkreen and the AREC protocol, ensuring seamless carbon neutrality and scalability.

  1. Celo Partnership

Arkreen has been selected by the Celo Carbon Offsetting Fund to deliver on-chain offsets through tokenized RECs. Since February 22, 2024, Arkreen has successfully achieved 3GWh of on-chain carbon offsets, advancing blockchain sustainability. Celo Public Goods empowers teams to create a digital regenerative economy, distributing 250,000 CELO to teams in Regenerative Finance, Dapps & Infra, and Community & Adoption.

  1. Solana Innovation

Arkreen has successfully developed and tested the AREC Protocol for deployment on Solana, expanding its reach within the Solana ecosystem for on-chain offsetting.

  1. REC Assets hART with HashKey Group

Arkreen partners with HashKey to provide diverse REC assets (ART, cART, and hART), all bridged via I-REC across ecosystems, increasing flexibility and accessibility.

  1. Dione Partnership

Dione has taken a significant step towards its sustainability goals by purchasing tokenized Renewable Energy Certificates (RECs) from Arkreen for 2025, ensuring on-chain carbon offset for its ecosystem and achieving 100% renewable energy. By partnering with Arkreen, Dione is reinforcing its commitment to transparency and environmental responsibility.

We extend our special thanks to Polygon, CELO, Solana, HashKey Group, and Dione for their visionary leadership and commitment to sustainability. Their support is essential in advancing the AREC Protocol and creating a greener future.

Community Highlights

Global DePIN Synergy Meetups

Arkreen made waves at impactful events worldwide, sparking collaboration and driving innovation in the decentralized renewable energy space.

Online Campaigns

$AKRE Burn Plan

Arkreen continues to focus on sustainable growth with its $AKRE token burn plan.

  • Total On-Chain Issuance Service Fee (as of October): 12,993,180.44 $AKRE.
  • Burned Tokens: 10,394,544.35 $AKRE (80% of service fees).
  • November Burn Amount: 1,016,816.02 $AKRE.

Ecosystem & Partnerships

Arkreen's mission to drive sustainable energy solutions through decentralized infrastructure is expanding globally. Our partnerships have created substantial impact across various sectors, from decentralized energy networks to AI-driven innovations, all aiming to support global on-chain climate action.

PGP Green DePIN Initiative

The Plug for Green Program (PGP) is Arkreen's cornerstone for integrating decentralized infrastructure with sustainable energy practices. The program includes real-time energy consumption tracking, on-chain carbon offset mechanisms, and innovative incentives for eco-conscious communities.

Key Partnerships:

Geodnet: Real-time energy usage tracking integrated with tokenized RECs, enabling eco-conscious mining rewards.

PowerPod: Carbon offsetting for electric motorcycle charging stations across Asia using tokenized RECs.

DMC & Fog Works: Promoting sustainability within decentralized AI networks with carbon-neutral decentralized applications.

Roam: Ensuring sustainable energy usage for decentralized wireless networks globally.

Srcful: Monetizing solar energy data through tokenized environmental assets. Srcful’s strategic partnerships, including with Helium, aim to drive growth by accessing Helium’s extensive network of IoT miners.

AquaSave: Integrating sustainable water management with energy monitoring and carbon offsetting.

Weaver Labs: Advancing eco-friendly mining and decentralized energy usage.

Mizzle: Collaborate through the Plug for Green Program (PGP) to monitor energy consumption, implement on-chain carbon offsets, and advance sustainable innovation in Green computing.

Solar Energy Partnerships

Arkreen has built strong relationships with key players in the solar energy space to promote renewable energy adoption and decentralized solutions.

Notable Collaborations:

  1. A123 Systems: Enhancing decentralized energy markets through energy storage and IoT-based battery data, expanding energy data monetization use cases like demand response in a Virtual Power Plant (VPP) program.
  1. Sungrow: Arkreen and Sungrow, World’s 1st in Solar Inverter Manufacture, are exploring how DePIN (Decentralized Physical Infrastructure Networks) is driving the transformation of the energy industry and unlocking new opportunities in the renewable energy market.
  1. Greenland: Arkreen, in collaboration with Greenland Financial Technology as well as Singapore Nava Data, has created a comprehensive carbon credit mechanism for buildings. This mechanism includes development, verification, trading, and offsetting, leveraging the Guizhou Green Finance and Emissions Exchange (GGFEX).

On-Chain RECs and RWA Partnership

Arkreen continues to innovate within the renewable energy market, leveraging decentralized technologies to monetize energy assets and drive carbon neutrality.

Partnerships in Focus:

  1. Solar Foundation: Empowering communities in developing regions with access to clean energy through tokenized carbon credits. This collaboration aims to empower impact for Africa, where community users from developed regions can purchase environmental credits issued by users in developing regions for voluntary carbon neutrality. This will support funding for the Solar Foundation and local NGOs to increase access to the positive impacts of renewable, clean and decentralized solar energy.
  1. Penomo & TLay: Unlocking new revenue streams for energy producers through DePIN-based RWA. This collaboration empowers prosumers by integrating Arkreen Miners with solar plants funded by Penomo, facilitating the conversion of green energy data into on-chain Renewable Energy Certificates (RECs), and unlocking new revenue streams for solar plant asset owners.
  1. PowerPod Green Energy RWA Initiative: Transforming renewable energy assets into accessible investments. Arkreen and PowerPod Unveil $100 Million Green Energy RWA Initiative to Accelerate the Growth of Renewable Energy Sector.
  1. Huma Finance: Arkreen, Huma are collaborating on a POC to unlock the potential of DePIN with PayFi toolkit to enable just-in-time lending.

Green DePIN Partnership

Arkreen's Green DePIN initiative further drives the potential of decentralized energy networks, optimizing data availability, composability, and market expansion.

Featured Partnerships:

  1. Kwil: Enhancing data availability for DePIN applications.
  2. Wicrypt: Expanding DePIN value through strategic collaboration.
  3. MapMetrics: Accelerating market expansion and increasing ecosystem reach.
  4. U2UNetwork: Creating a global, inclusive network for climate action and real-time data accessibility.
  5. DePIN Stack: Optimizing energy data verification and storage, enhancing Arkreen's green product offerings.
  6. Chirp: Merging IoT connectivity and renewable energy solutions to achieve carbon neutrality.
  7. SkyX: Transforming decentralized solar power generation with renewable energy and weather data integration.
  8. SEA DePIN: Empowering communities to build a decentralized, greener future through blockchain and renewable energy.
  9. DePIN Union: Connecting renewable energy resources for a sustainable future through decentralized infrastructure.
  10. Grid Collective: Incentivizing renewable energy adoption with innovative reward systems.
  11. NovaNet: Enhancing renewable energy data verification with zero-knowledge proofs for privacy and security.
  12. Loxodrome: Monetizing globally distributed renewable energy resources through decentralized economies.

Green AI Partnership

Fostering green energy applications within the AI sector, Arkreen collaborates with innovative partners to build sustainable AI infrastructure.

Key Collaborations:

  1. EMC: ArkreenNetwork and EMC join forces to accelerate the decentralized green energy computation initiative in a DePIN and web3 enable-AI applications.
  2. ZkAGI: Advancing decentralized energy sources for eco-friendly mining and AI applications.
  3. Cluster Protocol: create eco-friendly AI infrastructure by leveraging renewable energy tracking and incentives for our decentralized GPU node providers.
  4. BrinxAI: Creating eco-friendly decentralized AI infrastructure integrated with renewable energy tracking and incentives.

Arkreen’s ecosystem continues to expand with new collaborations, each designed to promote sustainability, innovation, and inclusivity in the global shift to renewable energy. Through partnerships and initiatives like PGP and Green DePIN, Arkreen is building a decentralized, green future for all.

Looking Ahead

Vision for 2025

Thank you to our partners and community for making 2024 a monumental year for Arkreen. Together, we advance the Green DePIN revolution and pave the way for a sustainable future.

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