what's Fuse Energy?
Fuse Energy is a decentralized physical infrastructure network (DePIN) that integrates renewable energy services with blockchain technology, primarily built on Solana as Project Zero. It operates as a full-stack energy company, developing utility-scale solar, wind, and green hydrogen sites, while trading energy on wholesale markets and supplying retail customers. Users connect home devices like solar panels, batteries, and EV chargers via a mobile app to monitor usage and participate in demand response programs. The protocol incentivizes efficient energy consumption by rewarding users with $ENERGY tokens for shifting usage to off-peak periods, reducing grid congestion. These tokens can be spent in the Fuse Store, redeemed for bill discounts, or traded. The system verifies flexibility contributions on-chain, creating a virtual power plant that balances real-time supply and demand across distributed resources.
Fuse Energy completed Series B funding, raising $70 million.
Links
x.com/fuseenergyCompleted Series B funding round raising $70 million.
ARR reaches $300M, a 3x increase from the $100M ARR reported in September 2025.
The SEC issues a no action letter to the Solana depin project, providing regulatory clarity.
The project reports $100M ARR and $100M in funding from major VCs including Multicoin and Accel, while serving 50K+ UK homes and operating 18 MW of solar/wind capacity. They are launching the Energy Network with $ENERGY token that rewards users for grid balancing activities and features a burn mechanism for bill payments.