PicWe, a blockchain-based real-world asset (RWA) infrastructure provider, has partnered with the Isfayram Hydropower Project in Kyrgyzstan to launch what they describe as the world’s first hydropower-backed digital investment product.
The collaboration connects renewable energy generation with blockchain-based finance by offering digital shares in the Isfayram-1 hydropower plant through PicWe’s Initial Real-world Offering (IRO) platform.
Isfayram-1, a 4.02MW run-of-river facility in Kyrgyzstan’s Tianshan Mountains, produces roughly 22.9 million kWh of electricity annually and generates about US$1.15 million in annual revenue from power sales. The plant is part of a broader multi-phase project that aims to build five hydropower stations along the Isfayram River to increase the country’s renewable generation capacity.
Through PicWe’s platform, investors can purchase digital tokens representing equity in the project. The structure offers approximately 20% annual yield, with returns linked to electricity production. All performance and revenue data are recorded on-chain for transparency.
According to PicWe, the Isfayram-1 tokenised asset has an estimated market capitalisation of US$10 million at launch. It includes features such as bi-weekly unlocks, six-month staking periods, and liquidity options via decentralised secondary markets.
Revenue from power generation is distributed through a revenue-sharing system, allocating 80% to liquidity providers and 20% to the hydropower project’s operations and future development.
The Isfayram Hydropower Project complies with Kyrgyz renewable energy regulations and has received recognition as a key contributor to the nation’s clean energy transition. The first two phases have either been completed or are under construction, with additional capacity planned.
PicWe’s broader platform supports digital investment in physical assets through its WEUSD stablecoin, RWA verification tools, and multi-chain liquidity connections. The company says this approach is intended to make renewable energy projects more accessible to international investors and to improve transparency in financing sustainable infrastructure.
