Solarex- Solar Energy Blockchain Project
Solarex Approximately 1.5 billion people worldwide can not access electricity and more than 3 billion people depend on the main biomass for cooking. This figure does not include 1 billion people without options, but depends on daily electric fossil fuel power generators. African countries have the lowest access to electricity and more than 90% of African people are ranked among the top 10 generators that burn biomass or fossil fuels for cooking. Indoor air pollution due to carbon monoxide in the stove is a major cause of the death of adults and children in developing countries, and this value is a combination of malaria and tuberculosis. In Nigeria, more than 6 billion Nigerians own fossil fuel generators annually and spend more than $ 3.5 billion annually on generator by cutting energy supply. Millions of other inhabitants are in a remote location out of the grid
About Solarex
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.
The Solarex smart microgrid
The Solarex smart microgrid , is an advanced decentralized energy distribution network that is efficient, cost-effective and is an environmentally responsible way to produce, store and distribute energy. Solarex smart microgrid will be well optimized for local energy distribution in real time. See the Microgrid Technical Paper to learn more about microgrid research and stimulation carried out by the Solarex team.
The Smart Microgrid will solve the following problems;
1. There is no network power in remote locations: Microgrids can be arranged in any small settlement to take energy distribution cakes in an area.
2. Security and Reliability – Solarex Microgrid will be underground in many cases and if the microgrid goes down, it will not affect other microgrids such as centralized networks.
3. Adaptability and resilience; regular power outages due to power failure. – Solarex microgrid will also contribute to solving this problem because Solarex grid is the smart one that will detect problems and deliver messages to operators in realtime. Each grid is a separate segment and cannot affect operations in other grids.
4. Unnecessary energy loss in a centralized network during transmission – Solarex will use the latest technology and Solarex smart grid has default parameters to help reduce
Why solarex
The Problem
One and a half billion people worldwide still do not have access to electricity. And 3 billion rely on biomass for cooking. Africa is ranked in the top 10 continents with lowest access to electricity. Indoor air polution from carbon monoxide in open stoves is the leading cause of mortality in developing countries ahead of malaria and tuberculosis both put together. Solarex has identified the folowing problems in the energy industry :
Absence of grid power in remote and developed location in Africa.
Lack of safety and reliability.
Environmental and Public health; Major hazards from the polluting energy sources.
Lack of transparency and security in power transactions.
Adaptability and resilience; regular blackout from power failure.
Unaffordable energy cost.
Unnecessary loss of energy in a centralised grid during transmission.
Market entry barriers both as a producer and as a consumer (e.g. financing and Setup charges).
Poor capacity utilisation in a critical plain area.
Energy thieves.
Solution.
Blockchain and smart Contract.
P2P Energy Trading Platform.
Smart Meter.
AI And IOT Technology.
Smart Microgrid.
Project Financing Platform.
Solar Farm and Rooftop PV.
Solarex will continually reinvent and explore new options in the energy market while providing value added services to our esteemed customers within a continent that is in dire need of energy. Creating opportunities and making energy users become a part of Solarex project remains at the heart of our plans to revolutionize the energy market. The idea is to extend energy to users in a structured and simple manner that will impact positively on the entire continent in years to come.
In Nigeria, the noise and air pollution level exceeds the World Health Organization (WHO) standard. The situation is on an increase, as there is no regulatory body to monitor the emission level in the country. This makes the tracking and proper documentation of some vital data simply impossible. Some people die as a result of been exposed to generator fumes. This figure keeps rising as no measure has been properly put in place to create a cheaper and cleaner alternative energy solution. The following were adapted from different news post that highlights the nature of the problem globally :
1.5 billion people across the globe lack ELECTRICITY supply, half of which live in AFRICA, (Daily Post Nigeria 2018).
At least 110 million of AFRICA'S 600 million people without ELECTRICITY access live in urban areas (Greentech Media 2017).
Across 36 AFRICAN countries, just four in 10 enjoy a reliable supply of energy throughout the day, this means regular blackouts and vulnerable security (CNN 2016).
Across AFRICA investors joke about living in a “bring-your-own-infrastructure” continent, in which firms must provide independent generators (economist.com).
620 million people have no ELECTRICITY, it is critical to the success of global efforts to tackle poverty (weforum.org 2016).
To give a clearer picture of the deplorable energy situation in Africa, Fig1. below is a pictogram of the top 10 countries with the least access to electricity supply. All the countries listed are from Africa and this no doubt paints a gloomy picture of Africa’s energy demand.
Solarex Vision
The ultimate vision at Solarex is to become the largest blockchain based, most efficient and sustainable energy provider, offering energy at an affordable price for all, setting a new standard for energy consumption and relentlessly, focusing on customer satisfaction. The target is to make Solarex Energy available across the globe, most especially in African markets with excellent service delivery. Which includes :
Establishing a sustainable and carbon free industry.
To see energy consumers, generate fund from their home electric production.
To position Solarex as one of the top five Solar power providers globally.
To stay ahead in the market competition via continuous innovation and provide efficient service with value to each customer – URBAN + RURAL.
Set new standard for energy generation, distribution and consumption.
To give back to the community jobs, scholarship to selected talented student from low income families, and some form of small business funding to help famers and single mothers who want to get into business or learn a trade.
Solarex Ecosystem
Solarex is building a robust system that is based on Blockchain Technology. The Solarex ecosystem is innovative, disruptive and democratised system that will definitely improve the living condition of the people of Africa and billions of lives all over the world. Solarex is a new generation hybrid start-up solar power provider backed up by the latest Blockchain technology and crypto-currency enabled transaction systems.
We are committed to utilizing this unique disruptive digital energy solution to improve lives of Africans the majority of whom have been deprived access to constant power supply for decades.
The business model is designed to set up off-grid solar farms in the Urban, Semi-Urban and Rural Area areas and at designated cluster zones to improve energy scenario within the selected zones. Solarex comes with the option of accessing the Complete Solar Package solution which can be made possible via outright sale, while another option available to consumers is the leasing of Solar Package which comes with a tailored support with finance.
The backbone for managing and controlling the supply and distribution will be based on Smart contract, smart metering and Solarex App backed up by Blockchain technology. For the transaction of power purchase and fees payment, Solarex utility token will be issued to make a complete solar ecosystem around African.
Solarex SRX TOKEN USAGE
Topup Payment: Solarex Utility Token will be the main currency that will be used to Purchase Energy from Solarex Ecosystem.
Transaction Payment: Buying and Selling on the p2p energy marketplace will only be possible with Solarex Utility Token.
Product Discount:When a user purchases product in the Solarex ecosystem and pays with Solarex Utility Token, the user gets a special product discount that will be paid in Solarex Token.
Cross Border Payment: Solarex Utility Token will allow customers to access the Solarex ecosystem irrespective of their location world wide
Incentive Payment: Solarex Utility Token will be used to pay incentive to staff and customers and the beneficiaries can use the received tokens in any form they choose.
Referral Payment: Users will receive referral tokens when they introduce new user to any of the Solarex platform or signup for Solarex products.
Loan Repayment: Users who are on lease plan or those whose project were financed will be able able to do repayment with Solarex Utility Tokens.
Project Financing: The project financing platform will accept Solarex Utility Tokens as a means of funding a project on the platform.
Community Development: In a way of giving back to the community, Solarex will from time to time award token to selected community in it's operating zone.
Token Sale
The Solarex Token, is a Utility Token, and does not in any way constitute a security token or equity token. Solarex utility token's Howey test score = 20, please see the result at the document session.
Token Name: Solarex Utility Token
Token Symbol: SRX
Platform: Ethereum
Type: ERC20
Total Supply: 2,400,000,000
Token Price: $0.05
Amount to be sold: 1,344,000,000
Soft Cap: $5,000,000
Hard Cap: $65,000,000
Token distribution
ROADMAP
Solarex team will work very hard to ensure that the road map milestones are achieved accordingly.
2017 Q1 - Q4Concept
Concept Formulation
Market Research
Business Model Initiated
Team Building
Technical Feasibility Assessment
Concept Formulation
Market Research
Business Model Initiated
Team Building
Technical Feasibility Assessment
2018 Q1 - Q2Research
Whitepaper Writing
Marketing Campaign
PreICO Initiated
PreICO Suspended
Whitepaper Writing
Marketing Campaign
PreICO Initiated
PreICO Suspended
2018 Q3Updates
Introduction of Top-rated Advisors
Product Review and Updates
Community Building
Whitepaper Updates
PFP Demo Development
Introduction of Top-rated Advisors
Product Review and Updates
Community Building
Whitepaper Updates
PFP Demo Development
2018 Q4Private Sale
Whitepaper Updated and Published
ICO Website Redesign and Published
Private Sale
MVP Development Commences
Exchange Listing Negotiation
Whitepaper Updated and Published
ICO Website Redesign and Published
Private Sale
MVP Development Commences
Exchange Listing Negotiation
2019 Q1Token Sale & Listing
P2P Energy Trading MVP Launched
PreSale
ICO (Stage1 - Stage3)
Partnership Development
Token Listed in Exchanges
PFP Plateform Development
Mobile Application Development
Solarex Energy Website Development
P2P Energy Trading MVP Launched
PreSale
ICO (Stage1 - Stage3)
Partnership Development
Token Listed in Exchanges
PFP Plateform Development
Mobile Application Development
Solarex Energy Website Development
2019 Q2infrastructure Development
Acquisition of Farmland for Solarfarm
Application for IPP License
Design and Manufacture of Soolarex Products
Solar Farm Equipment Arrives in Nigeria
Acquisition of Farmland for Solarfarm
Application for IPP License
Design and Manufacture of Soolarex Products
Solar Farm Equipment Arrives in Nigeria
2019 Q3Product Launching
Solarex Lease PV goes Live
Solarex Outright Sale PV goes Live
Installagion of Solar Farm
Solar Farm Testing
Smart Meter testing
Blockchain Integration
Smart Microgrid Testing
Solarex Lease PV goes Live
Solarex Outright Sale PV goes Live
Installagion of Solar Farm
Solar Farm Testing
Smart Meter testing
Blockchain Integration
Smart Microgrid Testing
2019 Q4Ecosystem
Launching of Solar Farm
Complete Ecosystem Pilot Test in Nigeria
Marketing Team Expansion
Solarex Energy Goes Live
P2p Energy Trading Platform Goes Live
Launching of Solar Farm
Complete Ecosystem Pilot Test in Nigeria
Marketing Team Expansion
Solarex Energy Goes Live
P2p Energy Trading Platform Goes Live
2020 Q1Marketing
Launching of More Ecosystem
Expansion of Marketing Team
Collaboration With Nigeria Government
Launching of More Ecosystem
Expansion of Marketing Team
Collaboration With Nigeria Government
2020 Q2 - Q4Market Expansion
Market Expansion All Over Nigeria
Rual and Urban Penetration
Solarex Penetration in Ghana, South Africa,
Republic of Benin, Gambia, Togo, Pakistan, and Nepal Commences
Market Expansion All Over Nigeria
Rual and Urban Penetration
Solarex Penetration in Ghana, South Africa,
Republic of Benin, Gambia, Togo, Pakistan, and Nepal Commences
2021 - 2025More Operational
Rapid Deployment and Expansion
Deployment and Expansion through out Africa
Deployment In Asia
Deployment In North America
Global Deployment
Rapid Deployment and Expansion
Deployment and Expansion through out Africa
Deployment In Asia
Deployment In North America
Global Deployment
Team
Éti edema
Founder, CEO
He is the director of the Africa Blockchain Research Council, a blockchain enthusiast, a research scientist and a network engineer. It has an unrivaled reputation.
Masoud hakimi
Director, Micrologic Design
Anglia Ruskin University Uk. Worked with several companies for various purposes as a senior software engineer, department head
Bill healey
IT expert
More than 30 years of experience in various industries. An exceptional journalist, he can effectively convey complex information to audiences from different backgrounds.
Sanjib saha
Result oriented senior specialist with over 25 years of experience in business, finance, commerce, operations and strategy in Indian and global
Sameep s
An experienced web developer and blockchain expert. An experienced ICO analyst who has tremendous potential in creating smart contracts and distributed applications. is he
Ranit saha
He holds a Master of Technology degree (M. Tech) from the Bombay Institute of Information Technology, India. He is an expert in management and technology who has
HIMANI A
Certified PMP Project Manager (PMI) USA, MBA in Marketing. Graduate High School Gold Medalist. Extensive experience of over 10 years with well-known global com
Azmat ali
ACCA Certified Accountant He is an expert in preparing financial statements, financial analysis, business analysis, business planning and technical and economical reports.
Sadjere clement
Certified SPPA-T3000 control system specialist with over 17 years of experience in operating, maintaining, troubleshooting and checking gas turbines
Kyrylo Ivanov
Senior Linux administrator, PHP developer and network engineer. Engaged in monitoring the deployment of the Zabbix system, creating an uninterrupted implementation of power for the Cree
Kanti sangma
He is an innovative, creative and passionate web developer / designer who created a niche for himself in the graphic design space. His main comp
Dattatray n
Lead engineer, performs engineering projects around the world. He specializes in technology, technology, medical science, market research. Has a big about
Jin c
Software / hardware developer. Master in Electrical Engineering and Electronics, an expert in CDMA communication systems, programming algorithms. Sete
Krunal b
Senior Automation and Instrumentation Engineer. He is the founder / CEO of SMARK Automation. He has extensive experience in developing a graphical user interface for embedded
Advisors
Dr. Hasnat k
He is a developer, technologist and researcher with extensive experience. He worked on various significant international projects, was a leading developer and and
Tim reynolds
Entrepreneur with experience in corporate governance and management. Renewable Energy Expert.
Ahmet asar
Writer, public speaker, investor, advisor and connector in companies with a distributed system and ICOs.
Adrian edema
The founder of Gric Coin, chief editor of NGR News, is a first-class online brand with massive results worldwide. BSc Birmingham City University in UK
Rashid qayyum
Highly qualified specialist with proven experience in managing business administration, marketing and supply. Strong consulting specialist with MBA in
Ideas Rule Solicitors
Ideas Rule Solicitors have extensive experience in tracking all legal risks associated with operations and investments in the field of renewable sources. There is great
For more detailed information see the links below:
Website : https://solarex.io/
Whitepaper : https://solarex.io/content/site/whitepaper.pdf
Facebook : https://www.facebook.com/solarexico/
Twitter : https://twitter.com/Solarex_ICO
Linkedin : https://www.linkedin.com/groups/8657063
Medium : https://medium.com/@solarex.info
Telegram : https://t.me/SolarexICO
Thank you from me: Asarab
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2320820
ETH Address: 0x154089cb313479C0d698Fad2D29eFb9a71d67bo6
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