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Energy company Powerledger announces integration with Solana ecosystem

Australian energy technology company Powerledger has announced an integration with the Solana ecosystem, an integration designed to add to the "clean energy and sustainability narrative within the blockchain space". Powerledger will integrate its products with the Solana mainnet and cease operating its own Solana Virtual Machine (SVM) blockchain. Powerledger said, "At the heart of Powerledger and Solana is a shared vision of innovation, sustainability and transparency - values that are becoming increasingly important as the world shifts towards ReFi (regenerative finance) and sustainability." ReFi aims to create economic systems that go beyond generating financial returns and focus on restoring and improving social, environmental and economic well-being. According to CoinGecko, ReFi has a total market capitalization of $110.57 million at the time of this article.