China takes a significant step forward in energy innovation with the issuance of the first real-world asset (RWA) tokenization in the photovoltaic sector. GCL Energy Technology and Ant Digital Technologies secured 200 million yuan to finance solar projects, marking a major milestone in integrating blockchain into cross-border financing.
A solution for green financing
This initiative is based on the tokenization of two solar power plants in Hunan and Hubei provinces, representing a total capacity of 82 MW. The RWA method transforms physical assets into digital tokens, offering increased transparency and improving their liquidity in the international market.
For investors, this solution addresses a growing demand for low-carbon and sustainable assets, as the Chinese photovoltaic sector seeks to diversify its funding sources amid intensifying global competition.
A national strategy for energy transition
The Chinese government actively encourages the use of technologies such as blockchain and artificial intelligence (AI) to accelerate the energy transition. This project aligns with a national policy aimed at enhancing funding accessibility for renewable infrastructure while aligning businesses with environmental, social, and governance (ESG) objectives.
With a total installed capacity of nearly 6,000 MW in 2024, 57.81% of which comes from renewable sources, China reinforces its position as a global leader in clean energy.
Tangible impacts for businesses
The strategic partnership between Ant Digital and GCL Energy also extends to optimized asset management through blockchain and AI. This collaboration promises to reduce operational costs while increasing transaction efficiency, creating a scalable model for other energy sector players.
The initiative also includes applying artificial intelligence models to areas such as energy production forecasting and operations optimization, strengthening the competitiveness of Chinese companies in the global market.
A model for international investors
By diversifying its funding mechanisms and adopting digital solutions, the Chinese photovoltaic sector attracts increasing international investments. The secure storage of operational data on the blockchain, combined with reliable returns, reassures investors and paves the way for more accessible financing for similar projects on a global scale.
