https://www.enel.it/en-us/ebitts
I recently came across Ebitts, a renewable energy investment platform built on Algorand, and it’s one of the more compelling real-world blockchain implementations I’ve seen.
Ebitts is developed by Conio in collaboration with Enel Group (https://en.wikipedia.org/wiki/Enel), one of the world’s largest electricity producers. The platform is currently available only to Italian residents due to regulatory constraints.
How it works
Ebitts allows users to invest in tokenized shares of renewable energy power plants (called “Token Box”) that are fully owned and operated by Enel. These tokens are issued on Algorand and represent participation in wind and solar energy production.
The core idea is simple:
- Users invest in renewable energy infrastructure (wind or solar)
- Energy produced is credited as if the user generated it themselves
- This can reduce electricity bills and generate credits for unused energy
- No physical installation is required at the user’s home
Importantly, users don’t directly interact with blockchain concepts—the tech is fully abstracted behind a mobile app. Blockchain functions purely as the backend ledger.
Tokenized infrastructure (current)
So far, Ebitts has tokenized two major power plants:
1) Wind farm
- 10 wind turbines
- ~36 MW total capacity
- ~93 GWh produced annually
- Enough energy for ~34,000 households
- ~41,000 tons of CO₂ emissions avoided per year (per Ebitts)
2) Solar farm
- 300,000+ solar panels
- ~170 MW total capacity
- Covers ~220 hectares
- Largest national solar park in Italy 🇮🇹
- ~280 GWh produced annually
- Powers ~111,000 households
- Avoids ~130,000 tons of CO₂ per year and ~26 million m³ of gas consumption (per Ebitts)
Why this matters
What stands out here isn’t speculation or DeFi yield, it’s:
- Tokenization of real, revenue-producing infrastructure
- Public-chain transparency and immutability
- Enterprise-grade adoption by a global energy company
- A user experience that doesn’t require crypto knowledge
If Ebitts expands beyond Italy, the implications could be significant given Enel’s international footprint.
Conio also seems to be positioning itself as a serious enterprise blockchain integrator (they’re also involved in recent initiatives with Ferrari).
