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Hygge Energy and Atria Renewable signed a Memorandum of Understanding to accelerate rooftop solar adoption and peer-to-peer (P2P) energy trading in Bengaluru, Karnataka. This collaboration aligns with guidelines from the Karnataka Electricity Regulatory Commission.

Atria will serve as a preferred solar installation partner, conducting site assessments and managing installations. Both companies will share consumer data and insights, and develop a mobile application to support P2P trading. Hygge's initiative includes a financing model for solar and battery storage, leveraging CBDC tokenization, aimed at expanding operations and promoting local job creation.