Fuse raises $12 million for its renewable energy DePIN project, with Multicoin Capital leading the investment.

Odaily Planet Daily News: Renewable energy company Fuse has announced the completion of a $12 million strategic financing round, led by Multicoin Capital, bringing the company's total funding to $90 million to date. According to the press release, the company plans to use this funding to launch Project Zero, a renewable energy DePIN project: 'As a comprehensive energy company, Fuse provides distributed energy resource (DER) installations, power trading, and retail electricity. The company currently manages 18 megawatts of renewable energy projects, with an additional 300 megawatts of renewable energy projects in the pipeline. Fuse Energy, a subsidiary of Fuse, is a vertically integrated retail electricity provider.' (CoinDesk)