Sun Exchange Joins the SolarCoin Affiliate Programme!

We’re glad to announce that Sun Exchange has joined the SolarCoin Affiliate Programme which means that solar cell owners on the Sun Exchange platform are now being awarded SolarCoin (SLR) (in addition to SUNEX and Bitcoin) for the clean electricity their cells produce. Below is an interview between Sun Exchange CEO, Abe Cambridge, and Francois Sonnet from SolarCoin.

A SolarCoin (SLR) is an alternative digital currency which, at the time of writing this article, is valued at $0.25 (USD). SolarCoin is awarded to producers of renewable electricity and are intended to incentivize the uptake of renewable energy globally. For every 1 MWh (Megawatt-Hour) of electricity produced, solar energy generators receive 1 SolarCoin. As the adoption of renewable energy increases globally, which is happening at record rates, the value of SolarCoin is also expected to increase.

As most Sun Exchange followers know, through www.thesunexchange.com, anyone, anywhere in the world can purchase solar photovoltaic (PV) cells, which can cost as little as $5 (USD), and lease them to organisations located in the sunniest places on the planet. Solar cell owners receive payments from the electricity produced, paid optionally in local currency or Bitcoin, while off-takers enjoy the benefits of affordable clean energy. We have also recently released a new digital rewards Token (Cryptocurrency) called SUNEX, which is designed to make investments into solar cells more lucrative and rewarding.

This SolarCoin-Sun Exchange partnership means that Sun Exchange members receive SolarCoin in addition to their lease rental payments for the power generated by the solar cells they own. This ultimately means that Sun Exchange users are receiving three revenue streams from their solar cells!

How does it work?

• Users receive solar cell rental income in Bitcoin or Local currency (Based on preference).
• Users receive 1 SolarCoin (SLR) for every 1 MWh of electricity generated.
• Users receive 1 SUNEX Token for every 10 USD that they spend on the platform.

SUNEX is now available for purchase through our Initial Coin Offering (ICO) for just $1 per token. For more information visit tse.thesunexchange.com.

“Sun Exchange was built to be the nexus of cryptocurrency and solar power plant ownership, in order to accelerate the transition of the global economy into a clean and passive silicon-based economy of abundance. Being able to automatically allocate our members with SolarCoins is a crucial step to effortless and integrated aggregation of crypto earning from solar powering the planet,” said Abraham Cambridge, Founder and CEO, Sun Exchange.

About SolarCoin
SolarCoin is the world’s largest community-based solar electricity reward program. Its alternative digital currency may be claimed by individuals with solar-powered homes or commercial solar electricity producers. The project promotes the use of clean, environmentally sustainable energy, with the eventual goal of shifting the levelized cost of energy away from fossil fuels. The SolarCoin Foundation has granted 6.98TWh Terrawatt-hours worth of grants to solar owners across 59 countries.

The Mission of the SolarCoin Foundation is to help deliver more Solar Energy globally and initiate the Global Energy Transition.