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Reneum Labs

Reneum Labs is a renewable-energy investment platform that aims to connect retail and institutional investors with renewable energy projects. It offers investment, lending, fractional-equity, and digital renewable-energy-certificate offset products, using fiat currency or cryptocurrency.
Dubai, UAE

Description

Reneum Labs seeks to democratize renewable-energy investments by enabling project developers to release equity from renewable-energy assets and access funding, while allowing retail and institutional investors to fund new sites, purchase equity in existing sites, lend capital, and earn yields or monthly interest. The platform describes data verification through APIs or SCADA systems and states that it uses blockchain technology and AI for transparency and security. It also offers digital RECs intended to help organizations offset Scope 2 emissions.