Transforming the Generation and Transmission of Energy
2 Wind energy farms at the Sea in Malaysia.
The transition from conventional grids to smart grid systems, provided by NewX Energy through the decentralization of energy distribution.
NewX Energy, our managing sister company created a financial instrument to help other power plants to finance their conversion:
Part of our mission is to influence other energy companies to convert the unclean energy generated from their power plants to facilitate a greener energy production and distribution.
By Implementing smart grid system, eliminating energy wastage and creating efficiency in the process.
Convert coal power plants to Natural gas power plant.
Build wind farm and install solar panel on remote area.
Help remote communities to have access to a clean and affordable power.
PT BPP is a CPP License holder
Bintan Power plant holds a Captive power plant (CPP) license. This enables the company to distribute locally sourced electricity to users. Also, the company is authorized to generate, distribute and transmit electricity from private individuals, commercial, industrial energy users.
With this license, the company can choose to operate as an independent entity from the local authority distribution system. The license also gives us The ability to export excess power to the local authority network.
. PT BPP is offering a cleaner energy production and distribution for
metaverse companies at a much affordable electricity price.
By our partnership with our sister company NewX Energy, which is the first energy company to enter the Metaverse. We seek to provide affordable, clean and efficient energy production for Metaverse companies in order to lower the cost of electricity and minimize carbon emission foot prints.
Partnership with NewX Energy
In 2020, NewX Energy signed an exclusive partnership with Bintan Power Plant Group worth USD $2.64 billion. The essence of this partnership is in line with the Group's mission to leverage technological innovation to make affordable energy accessible to consumers worldwide, thereby driving economic progress.
NewX and PTBPP have identified global opportunities for the joint venture and are currently in discussions with private utility operators in the Middle East, South America and South East Asia who plan to deploy NewX's technological solutions.
A new age financial instrument.
NewX Energy's NewNits token was created to allow a decentralized form of payment of electricity bills. The traditional payment system was centralized, with energy companies serving as intermediaries between the end users and providers.
Leveraging on blockchain technology because of its transparency and imutability, NewNits will be used to pay electricity bills. Removing the need for a third party to validate transactions.