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In a continent with vast resources, 645 million Africans lack access to energy, and the number continues to rise as the population grows, the situation in Central Asia is also pathetic, with some people only gaining access to one or three hours of electricity a day. The truth about global energy penetration is that African countries are among the top 10 in terms of worst access to electricity.

The Solarex project will launch an innovative solar power solution based on block string 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. As a trustworthy company, they encourage blockchain adoption and offer a safe and easy way to take part in the future of financial markets. The SRX stages permit including in a basic and advantageous approach to utilize the full assets of the most present day and propelled advances existing these days.

Solarex aims to generate energy through photoelectric solar power plants and distribute it to households and businesses, through the use of cryptocurrencies and the use of IoT theories (Internet of things). The Solarex energy solution aims to become the largest, most efficient and sustainable solar energy provider in Africa, offering energy at an affordable price for all, setting a new standard for energy consumption and focusing tirelessly on customer satisfaction at all times. The Powering Africa Project is a disruptive, decentralized and democratised solar energy project with the purpose to build a solar energy ecosystem that is clean and affordable for everyone.

THE GOAL

The goal is to create something that responds to the economic and social challenges of tomorrow's technology.

Furthermore, the main goal of the Solarex project is to create economical, efficient and inexpensive energy throughout Africa. This can be done quite simply, because solar panels will be used, thanks to which it is possible in a short period of time to create an effective energy supply throughout Africa.

THE MISSION

Solarex mission is to open the cryptocurrency market to everyone with a variety of interesting products and services. As a trustworthy company, they encourage blockchain adoption and offer a safe and easy way to take part in the future of financial markets. The SRX stages permit including in a basic and advantageous approach to utilize the full assets of the most present day and propelled advances existing these days.

https://youtu.be/_SxEFSpTkoM

THE PROBLEMS

  • Absence of grid power in remote locations

  • Safety and Reliability

  • Environmental and Public health hazards

  • Adaptability and resilience

  • Unaffordable energy cost

  • Centralised grid issues

  • Market entry barriers

SOLAREX SOLUTION

Solarex is an integrated solar power solution that has been designed on the blockchain platform to suit the African environment. As at present, there are many energy experts who are convinced that blockchain technology has the potential to bring about a fundamental transformation of modern energy networks. This would be supported by the symbolic distribution of public services to raise funds from users, investors, partners and other stakeholders. The goal is to create something that responds to the economic and social challenges of tomorrow's technology.

Over the last few years, the number of small "distributed" powers has been increasing. Generators and storage systems, such as solar panels on rooftops and electric vehicles, have been connecting to the grid. As the system is very inefficient, the owners of these systems strive to maximize their value. It usually takes 60 to 80 days for a power generation company to receive payment. Thanks to a block chain-based system, producers/suppliers can be paid instantly. As a result, they need less capital to start and run a power generation business.

In this system, the neighbors could simply exchange energy with each other, being a much more efficient process than selling electrons to the grid first and foremost. Solarex is designed with a composite energy solution to unlock the potential of blockchain in the energy sector.

AIMS OF SOLAREX PROJECT

  • Peer-to-Peer transition model that unlocks value at the edges of the grid. This will empower consumers and all network participants to receive maximum leverage in a network setting for their contributions in a green economy.

  • Building decentralized localized networks of renewable energy generation, minimizing transmission costs and carbon intensity in the energy transmission process.

  • Serve as a baseline incentive and compensation model to lower the cost of solar and encourage investment in distributed energy resources.

  • Leverage blockchain as a liberation technology to lower barriers and give renewable energy access to the 1.2 billion globally without electricity. 10% of all funds will go directly to fund Microgrid development and off grid technologies in Africa.

  • Enable citizens to contribute and benefit from the green economy and directly reduce carbon emissions by digitizing all energy-related operational activity.

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.

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SOLAREX BUSINESS MODEL

Solarex business model is designed to establish off-grid solar farms in the areas of Urban, Semi-Urban and Rural Areas and in designated cluster areas to improve the energy scenario within the selected areas.

Solarex comes with the option to access the Complete Solar Package solution that may be possible through a direct sale, while another option available to consumers is the Solar Package lease, which comes with a customized support with financing.

The backbone for managing and controlling supply and distribution will be based on the smart contract, smart metering and Solarex application supported by Blockchain technology. For the power purchase and fee payment transaction, the Solarex tool token will be issued to create a complete solar ecosystem around Africa.

SOLAREX COIN

It is a digital currency backed by a kilowatt hour of electricity that aggregates the energy usage data of distributed energy resources. The Solarex coin is a blockchain based solution for a cost effective and network incentive-based structure to help shift from fossil fuels to efficiency and renewable. And also Solarex is the native token for a decentralized application where producers, consumers and other distributed energy resources can connect and configure their energy resources.

TOKEN SALE AND ICO

SRX Utility tokens will be the sole driver of all transaction in the Solarex Ecosystem. Thus, Solarex Ecosystem will in time become a household name.

The token is the guarantee of the fund necessary for the implementation of the Power Africa project. Work that will solve the greatest problem in the lives of Africans and the rest of the world in the long term. This is your chance to purchase the Solarex utility token (SRX).

Token Details

SRX token

Price PreICO 1 SRX = 0.05 USD

Price 1 SRX = 0.06 USD

Available Bonus

Reward Available

Ethereum Platform

Accepting BTC, ETH, LTC

Soft cap 5,000,000,000 USD

Hard cap 120,000,000,000 USD

Country: UK

Whitelist/KYC: KYC

Restricted areas: USA

Token Distribution

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Use of Funds

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ROAD MAP

Q1 2017

  • Concept Formulated.

  • Market Feasibility Assessment .

Q2 2017

  • Research and Evaluation. Data Analysis.

Q3 2017

  • Business Model Initiated.

  • Team Building Initiated.

Q4 2017

  • Website Development.

  • Technical Feasibility Assesment.

  • Marketing and HR.

Q1 2018

  • Solarex ICO Platform Launched.

  • Marketing Campaign.

Q2-Q3 2018

  • Solarex Pre -ICO.

  • Solarex ICO Public Events.

  • Team Inauguration Meeting.

Q3 2018

  • Solarex Farmland Acquisition Initiated.

  • Design And Manufacture of Products Commenced.

  • Solarex Application Development.

  • Solarex Blockchain Development.

  • Listing Of SRX Token In Exchange.

  • Wallet Development.

Q4 2018

  • First Batch of Solar Farm Equipment Arrives Nigeria.

  • The launch of Solarex Lease PV.

  • The launch of Solarex Outright Sale PV.

  • Solar farm Installation.

Q1 2019

  • Solar Farm Testing.

  • Smart Meter Testing.

  • Blockchain Integration With Solar Farm Testing.

  • Mobile App Testing.

Q2 2019

  • Solar Farm Launched.

  • Full Solarex Ecosystem on Pilot Testing in Nigeria.

  • Scaling of Solarex Operations. Operation Licenses in Place.

  • Expand Product Marketing Team.

Q3 2019

  • 2nd Solar Farms Launched With full Operational Ecosystem.

Q4 2019

  • More Solar Farms Launched With full Operational Ecosystems in Nigeria.

2020 – 2025 Q1 – Q4

  • Rapid Deployment/Expansion Across Africa, as Decided in the Operational Growth Management Plan.

For more information, please visit:

Website: https://solarex.io/

White paper: https://solarex.io/content/site/whitepaper.pdf

Blog: https://solarex.io/blog/

Bitcointalk: https://bitcointalk.org/index.php?topic=4313596.0

Twitter: https://twitter.com/Solarex_ICO

Facebook: https://www.facebook.com/solarexico

Telegram: https://t.me/SolarexICO

Medium: https://medium.com/@solarex.info

Reddit: https://www.reddit.com/user/solarex_ico

YouTube: https://www.youtube.com/channel/UCTkbH-mFEhspW790zoLwhfw

Author: JigaMola

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143