Case Study: Enact achieves greater transparency and lower solar transaction costs with Oracle Blockchain Platform

Enact powers renewable energy innovation with Oracle Blockchain

Enact, a U.S. solar energy company, wanted to make solar ownership simpler and more affordable while improving transparency around carbon credits and renewable energy certificates. To address this, Enact turned to Oracle Blockchain technology on Oracle Cloud Infrastructure, using the OCI Blockchain Platform to streamline renewable energy project management and reduce transaction costs.

Oracle helped Enact implement a scalable, permissioned blockchain solution that tracks energy generation and creates verifiable RECs. The result is greater trust and monetizable value for solar projects, with customers able to sell certificates to offset installation costs and participate in the growing REC market, helping lower utility bills and support a more sustainable future.

Enact

Deep Chakraborty

Enact