Competitive Landscape
There have been several renewable energy projects in the market striving to be better or struggling to make their projects successful since years but couldn’t win the trust and interest of investors and public because of its ongoing process and lacked in spreading awareness about the climate change.
TerraGreen was made to bring innovative change in the renewable energy sector and it all became possible because of blockchain technology. However, the existing market scenario doesn’t allow the growth of the renewable energy industry to take place rapidly, mainly due to the bottle-necks in the financial sector.
The TerraGreen intention is to cut through the recent problems of lacking approach to state-of-the-art technology and capital for the biomass-based renewable energy producers and to give access to profitable projects directly to the customers.
Existing and new biomass waste management companies will be provided with a complete business plan along with innovative technology and process solution with the use of locally produced biomass waste.
As per the current market scenario, renewable energy projects lack transparency. There is no bridge between consumers, investors, and utilities. But, TerraGreen with the help of blockchain technology has built a firm bridge between consumers, utilities, and investors.
It also assures the growth and development of future and upcoming renewable projects with the help of TerraGreen Coin. Hence, all we can say that apart from the current scenario in the renewable energy sector. TerraGreen Is far better and is an innovative change in the renewable energy sector.
energy. Now, if any energy project wants to collaborate with utilities for use of generated energy token then it will be a stable coin and rate of this will remain constant.
Thus, consumers will be easily able to pay their energy bills or energy consumption with the help of this energy token.
The TerraGreen network will grow with better transparency and security to the renewable energy market and delivering the best value and experience to both the energy users and energy producers directly.
