Solarex (SRX)

About Solarex
Solarex ICO Project is an progressive, disruptive, decentralised, decarbonised, and democratised blockchain primarily based photo voltaic power ecosystem. An ecosystem that may supply Cleaner and cheaper power for all.
Our Vision
To develop into the most important blockchain primarily based photo voltaic power supplier, most effective and sustainable power ecosystem, providing power at an inexpensive value for all, setting a brand new customary for power consumption and relentlessly, specializing in buyer satisfaction. The goal is to make Solarex Energy accessible throughout the globe, most particularly in African markets with glorious service supply
Why Solarex is Needed
1.5 billion folks throughout the globe lack ELECTRICITY provide, half of which dwell in AFRICA, (Daily Post Nigeria 2018).
Across 36 AFRICAN nations, simply four in 10 take pleasure in a dependable provide of power all through the day, this implies common blackouts and weak safety (CNN 2016).
7 out of each 10 folks DO NOT have entry to electrical energy in Sub-Saharan Africa (washingtonpost, 2015)
The Problems Solarex Has Identified
An absence of grid energy in distant and developed location.
Lack of security and reliability.
Environmental and Public well being; Major hazards from the polluting power sources.
Lack of transparency and safety in energy transactions.
Adaptability and resilience; common blackout from energy failure.
Unaffordable power price.
Unnecessary lack of power in a centralised grid throughout transmission.
Market entry limitations each as a producer and as a shopper (e.g. financing and Setup costs).
Poor capability utilisation in a vital plain space.
Energy thieves.
How Solarex will Address Problems
Solarex has provide you with a novel answer and techniques to treatment the worldwide mammoth power crises. The Solarex Ecosystem which is design upon 8pillars, When totally carried out It will likely be 'ENERGY FOR ALL'
Blockchain and Smart contract software will remove the next issues;
Lack of transparency and safety in energy transactions.
Poor capability utilisation.
Fraudulent actions.
Peer 2 Peer Energy Trading will handle the next issues within the present electrical energy community;
Unnecessary lack of power in a centralised grid throughout transmission.
Poor Capacity utilisation.
Adaptability and resilience.
Excessive load in a centralised system.
Smart Meter will handle the next issues;
Energy theft – Smart meter will detect any bridge within the community.
Lack of transparency and safety in power transactions – Smart meter will give correct power consumption and customers will be capable to get a real-time report of their power information.
Poor capability utilisation in a vital ache space – Smart meter will make sure the precise power bought is delivered to a shopper. Excess power will likely be learn by a wise meter and referred into the grid.
Adaptability and resilience – The Smart meter will be capable to isolate a line within the grid that has a fault and permit the opposite a part of the grid to perform with out totally disruption of power provide to that community. Thereby avoiding a complete and common blackout.
AI and IOT will remove the next issues;
Unnecessary lack of power in a centralized grid throughout transmission: The use of Artificial Intelligence (AI) within the Solarex ecosystem means the Solarex power community will likely be very clever and be capable to decide components shopper consumption behavior, customers distant from nearest photo voltaic power producing level. These information will likely be utilized by Solarex to ship higher providers.
Poor capability utilization in a vital plain space: The use of AI will be sure that the correct quantity of power is delivered to the fitting shopper.
Adaptability and resilience; common blackout from energy failure: The IoT offers the intelligence so that you can determine points in actual time, because the error happens so the supply might be positioned and resolved rapidly.
Smart Microgrid will resolve the next issues;
An absence of grid energy in distant places – Microgrid might be arrange in any small settlements to take cake of power distribution in a locality.
Safety and Reliability – Solarex Microgrid will likely be beneath floor normally and if a microgrid is down, it is not going to have an effect on different microgrids not like the centralised community.
Adaptability and resilience; common blackout from energy failure – Solarex microgrid can even contribute to fixing this drawback as Solarex grid is a brilliant one that may detect any drawback and relay messages to an operator in Realtime. Each grid is a phase of its personal and can’t have an effect on operation in one other grid.
Unnecessary lack of power in a centralised grid throughout transmission – Solarex is utilizing the newest know-how and Solarex good grid has inbuild parameters to assist curtail this drawback.
Solarex Project financing choices will resolve the largest drawback –
Market entry limitations each as a producer and as a shopper (eg, financing and Setup costs). Resolving the issue of financing undertaking will create room for wider adoption of Solarex ecosystem, thus extra folks, communities, villages and cities can have equal alternative to entry power
Solar power will to a big extent resolve the issues beneath;
Environmental and public well being; Major hazards from the polluting power sources – Energy will likely be generated from the Sunlight, thereby eliminating the burning of fossil gasoline or use of nuclear (Radioactive) parts to generate power.
Access to power in a distant location – there’ll now not exist the necessity to transport power over a protracted distance to a distant location.
Centralisation issues – power will likely be generated in a decentralised methodology and it’ll remove ineffectiveness of the centralised grid.
Unaffordable power price – photo voltaic power is likely one of the least expensive types of power era as such the issue of excessive price of electrical energy can even be eradicated.
Energy theft – Solarex Ecosystem will remove power thieves with the home-based power era will put an finish to power theft.