SunContract receives $2.3M EU grant for R&D project

Project Development and August AMA answers!

Dear SunLovers,

As promised, we have taken a look at your AMA questions and compiled the respective answers. But before we dive into those answers, here’s a highlight we think you’ll be interested to learn about:

SunContract to receive funding from the Ministry of Economy and EU Grants

We’re proud to announce that together with our Slovenian partner SONCE energija, SunContract has been selected as an R&D project — supported by the Ministry of Economy and EU grants, where a consortium of 5 companies will receive 2.1 million EUR ($2,300,000 USD) to introduce artificial intelligence and automated trading on the SunContract platform.

The project will be ongoing for the next 3 years, and its aim is to concretely show the positive business effects of blockchain technology and P2P energy trading, when upgraded with automated trading based on Artificial Intelligence.

Because this is emerging news even for us as a team, we will be sharing more information on this project at a later time. However, we cannot express how thankful we are to the Ministry of Economy who is using EU grants for this door-opening opportunity. To say that we are humbled, would be an understatement!

Now, let’s talk AMA!

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