Proof of Usefulness Report

Virya Energy

Analysis completed on 2/3/2026

+682
Proof of Usefulness Score
Category Standard

Virya Energy is a verifiable, large-scale energy holding company (Equity ~€600M+) with significant assets in wind, solar, and hydrogen (subsidiaries Eoly, Eurowatt, Virya H2). While the project itself has massive real-world utility and traction, the submission quality is extremely poor (vague claims like 'everyone', 'most people', and lack of specific data). The high score reflects the verifiable scale and industrial impact of the entity, severely penalized by the low quality of the provided evidence.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+136
Technical Innovation+120
Evidence Of Traction+142.5
Market Timing Relevance+95
Functional Completeness+2.5
Subtotal+733.5
Usefulness Multiplierx0.93
Final Score+682

Project Details

Description
Virya Energy is active in the development, financing, and operation of projects in the field of energy transition. The company, based in Belgium, was founded at the end of 2019 by Colruyt Group and its majority shareholder, Korys. Virya Energy is active across the entire value chain of sustainable energy. This includes the production of green energy in Europe through its subsidiaries Eoly Energy and Eurowatt, in Asia through its subsidiary Sanchore and a majority stake in Constant Energy, and energy distribution through its subsidiary DATS 24. Virya Energy is also involved in the development of sustainable hydrogen projects through Virya H2. The company holds interests in service providers to the offshore industry, including GeoXYZ, DotOcean, and Marlinks.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline