SolarLux assists energy companies to access SolarCoin. We help claiming and advise how to use SolarCoins to make your company a first mover in the SolarCoin ecosystem
Solar Power meets Blockchain - learn how it works...
Our goal at is to help the solar industry to make use of the opportunities SolarCoin offers. As blockchain is still nascent technology, we have identified the solar industry's need for advice on how to tap into the sector. We provide first class support to owners and operators of solar power systems and guide them to make best use of Solarcoin for their business, allowing them to be first movers in this space.
SolarLux is committed to contributing to building the SolarCoin ecosystem, making SolarCoin the first energy backed global currency.
SolarLux is an official Affiliate to the SolarCoin Foundation.
WHAT IS SOLARCOIN?
SolarCoin is on a mission to build the foundation for a global energy transition by rewarding solar producers with the first energy-referenced currency. SolarCoin is an additional incentive for solar energy producers. The low carbon blockchain token (SLR) is exclusively granted to solar installation owners providing cash value and the first energy-referenced currency which may greatly reduce solar financing cost within the solar industry and beyond.
The SolarCoin Foundation rewards solar energy producers with blockchain-based digital tokens at the rate of 1 SolarCoin (SLR) per 1 Megawatt Hour (MWh) of solar energy produced. SolarCoins can be claimed retroactively back to January 1st, 2010 and can be claimed on an ongoing basis for future production.
SolarCoin is a free additional reward independent of other incentives that the owners of a solar installation might be entitled to (such as government subsidies, feed-in tariffs, green certificates, tax incentives, carbon credits, etc.). Whoever produces solar power - helping to avoid CO2 emissions - may receive a free SolarCoin reward.
SolarCoins have cash value today and are already used for payments or swapped into any other currency. While the network is small now first industry players are starting to adopt SolarCoin and we expect the network to grow significantly.
BLOCKCHAIN IN A NUTSHELL
Blockchain technology is driving innovation and scale-up in the energy, climate, and environmental sectors. The technology works as a value exchange protocol. Just as TCP/IP is the foundational protocol for the exchange of digital information, blockchain enables the exchange of digital value.
A blockchain is a distributed ledger of trusted transactions - a database. Transactions can be transfers of digital tokens representing currency, information, or even the assignment of a library book ID. Blockchains are distributed across large open peer-to-peer networks making them difficult to hack or fail. Because information changes are verified and immutably recorded across a network, records cannot be changed or tampered with.
All transactions are transparent, and can be viewed by anyone using a blockchain explorer. Because of their distributed nature, blockchains can reduce transaction costs and time. More importantly, blockchain technology is poised to revolutionize the exchange of value, replacing the need for trusted intermediaries such as banks or currency exchanges.
SolarCoins are blockchain-based tokens issued into circulation when solar energy is verified to have been produced. SolarCoins can be transacted among peers. Transactions are collected, verified and summarized in blocks - creating the SolarCoin blockchain. The SolarCoin blockchain is the high integrity data foundation of the project: a decentralized, incorruptible and auditable record of solar energy produced.
SolarLux is a team of exceptional and results-driven leaders who love to work with our growing clientele. With
background in energy, climate, blockchain and law our team is eager to open new routes for our client’s businesses.
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, announced in Jan 2018 the move to adopt SolarCoin, marking the first time a utility-scale generator joins the SolarCoin ecosystem.