SOLAREX POWERING AFRICA PROJECT ((ICO 2018))-THE FIRST BLOCKCHAIN POWERED SOLAR ENERGY SOLUTION

dprince2281 (5)in #dprince2281 • 6 years ago

INTRODUCTION:

Solar energy is radiant light and heat from the Sun that is harnessed using a range of ever-evolving technologies such as solar heating, photovoltaics, solar thermal energy, solar architecture, molten salt power plants and artificial photosynthesis. It is an important source of renewable energy and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power.

Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.

Based on REN21's 2017 report, renewables contributed 19.3% to humans' global energy consumption and 24.5% to their generation of electricity in 2015 and 2016, respectively. This energy consumption is divided as 8.9% coming from traditional biomass, 4.2% as heat energy (modern biomass, geothermal and solar heat), 3.9% hydro electricity and 2.2% is electricity from wind, solar, geothermal, and biomass. Worldwide investments in renewable technologies amounted to more than US$286 billion in 2015, with countries like China and the United States heavily investing in wind, hydro, solar and biofuels. Globally, there are an estimated 7.7 million jobs associated with the renewable energy industries, with solar photovoltaics being the largest renewable employer. As of 2015 worldwide, more than half of all new electricity capacity installed was renewable.

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Renewable energy resources exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits. The results of a recent review of the literature concluded that as greenhouse gas (GHG) emitters begin to be held liable for damages resulting from GHG emissions resulting in climate change, a high value for liability mitigation would provide powerful incentives for deployment of renewable energy technologies. In international public opinion surveys there is strong support for promoting renewable sources such as solar power and wind power. At the national level, at least 30 nations around the world already have renewable energy contributing more than 20 percent of energy supply. National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond. Some places and at least two countries, Iceland and Norway generate all their electricity using renewable energy already, and many other countries have the set a goal to reach 100% renewable energy in the future. For example, in Denmark the government decided to switch the total energy supply (electricity, mobility and heating/cooling) to 100% renewable energy by 2050.

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While many renewable energy projects are large-scale, renewable technologies are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Former United Nations Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity. As most of renewables provide electricity, renewable energy deployment is often applied in conjunction with further electrification, which has several benefits: Electricity can be converted to heat (where necessary generating higher temperatures than fossil fuels), can be converted into mechanical energy with high efficiency and is clean at the point of consumption. In addition to that electrification with renewable energy is much more efficient and therefore leads to a significant reduction in primary energy requirements, because most renewables don't have a steam cycle with high losses (fossil power plants usually have losses of 40 to 65%).

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Renewable energy systems are rapidly becoming more efficient and cheaper. Their share of total energy consumption is increasing. Growth in consumption of coal and oil could end by 2020 due to increased uptake of renewables and natural gas.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: SOLAREX

WHAT IS SOLAREX?

Solarex is a state-of-the-art hybrid solar power source, backed by the latest block chain technology and cryptographic transaction systems. Hybrid solar energy is a system of energy production, by combining solar energy with that obtained from a traditional thermal power plant, biomass, wind energy or fossil fuels. With this system the power can be increased at times of increased demand and is therefore less dependent on fluctuations in solar radiation.

Solarex's ultimate vision is to be the largest, most efficient and effective company in the world. Sustainable energy supplier, offering energy at a reasonable and cheap price for everyone, and setting a new level of energy consumption and relentlessly focusing on customer satisfaction.

The Solarex project will launch an innovative solar power solution based on blocchain technology with the Solarex utility token on the Ethereum platform. As demand for solar energy increases rapidly, there are greater opportunities to build large businesses for the future. The goal is to provide much-needed financial support for a clean solar energy solution of maximum value.

ABOUT SOLAREX

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The Global energy demand has created a huge market which has seen countries requiring more energy to power their infrastructural developments and create an enabling economic growth over the past two decades. Solar power technology which has gained global acceptability has ultimately become the main driver in the energy market, with developed countries deploying its potential in boosting its renewable target.

The creation of blockchain technology has further accelerated solar energy penetration in the energy market. Speaking about blockchain and solar technology together is like a breath of fresh air for humanity. Technology itself empowers us to conduct business transactions efficiently and safely, build open and fair energy governance system, build network of reliable business partners and speed up welfare around Africa, which coincidentally has one of the poorest power generation records globally. In cryptocurrency space, the base technology has become a great enabler for many conventional businesses and energy is one of such space. But there is still a human factor, which may be the reason humanity fails blockchain revolution. Fraud, theft, phishing and even personal incaution pose a threat to the emergence of this new technological innovation. Over the years, there has been substantial improvement in security aspect of blockchain space. Now users are secured with the all-important technology solution.

While Solar power business is becoming a buzz words in these days across major countries in the world, very few understands the core issues of people. There are two key issues which are beyond other issues facing the nation. These are financing and reach. People need power for daily living, but they hardly can afford such big investment in the absence of a stable grid power. The other issue is to extend the reach in remote area in a structured manner which can be efficient yet simple for users and the business owners. For every business, it is Solarex (SRX) - new generation blockchain technology enabled Solar Power Solutions essential that investment and sales revenue must be protected from misuse. Here comes an innovative solution which is conceived in the business model of SOLAREX. This is a futuristic, technology enabled and secured framework of tomorrow’s solar global business with special focus on Africa, Asia and South America. The blockchain technology is adapted to much needed security around transaction and metering of solar power in decentralized mode. At the same time, funding is planned via launching of Solarex utility token to generate financing for leasing of Solar PV. This way, people can have access to clean and affordable power mostly opex model and pay for only units, they consume. Our integrated solution is going to begin a new era where everyone can access to energy in a secured manner.

SOLAREX TEAM

SOLAREX ROADMAP

Q3 2018
Started the acquisition of Solarex Farmland.
Design and Manufacture of Initiated Products.
Development of Solarex Applications.
Development of the Solarex Block Chain.
List of SRX Token in return.
Portfolio development.

Q4 2018
The first batch of solar farm equipment arrives in Nigeria.
The launch of Solarex Lease PV.
The launch of Solarex Outright Sale PV.
Installation of solar gardens.

Q1 2019
Solar Garden Tests.
Smart Meter Testing.
Integration of the Block Chain with Solar Farm Testing.
Mobile application testing.

Q2 2019
Launch of the Solar Farm.
Complete Solarex eco-system in pilot test in Nigeria.
Scaling up Solarex's operations.
On-site Operating Licenses.
Expand the product marketing team.

Q3 2019
2nd Solar Park Launched with Complete Operating Ecosystem.

Q4 2019
Launching more solar farms with all operating ecosystems in Nigeria.

2020 - 2025 FIRST QUARTER - FOURTH QUARTER
Rapid Deployment/Expansion throughout Africa, as decided in the Operational Plan for Growth Management.

ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the SOLAREX PLATFORM

TOKEN ANALYSIS

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The SRX utility token will be the sole engine of all exchanges within the Solarex Ecosystem. Consequently, Solarex Ecosystem will eventually become an easily recognizable name. Our commercial procedure will finally place the Solarex Utility Token (SRX) to end up being a progressive digital currency that will develop in esteem. The arrangement is in a propelled stage to dispatch Solarex Tokens (SRX) in 3 unique exchanges. Token will be available to exchange in this trade like some other digital currency.