GreenX — “Pave the way” for renewable energy developments around the world
Renewables — The Future of Energy
Energy is the blood that fuels the economy. The more developed an economy is, the more energy it demands. According to popular forecasts, world’s energy demand will increase dramatically in the next few decades. Currently, renewable energy sources only account for over 20% of global consumption. However, experts say that the development of renewable energy from water, sun, wind, biomass, geothermal … is becoming a global trend, providing a cleaner alternative to fossil fuels. Renewable energy can help reduce greenhouse gas emissions, climate change, and exploitation & dependency on fossil fuels.
The International Engergy Agency (IEA) points out that renewable energy will grow rapidly in the next 5 years due to reducing manufacturing costs and supportive policies. By 2021, renewable energy would account for 28% of global electricity production. Currently, most of countries in Europe and North American are interested in renewable energy development. In Asia, China is leading country about renewable energy legislation, which has provided the impetus for the strong development of green energy in recent years. Overall, renewable energy is a global phenomenon on the upswing.
Challenges
For the foreseeable future, green enery growth is accelerating. However, there are challenges thay developers and investors in green energy are facing.
Raising capital remains one of the major challenges for renewable energy projects. Green energy development requires large sums of up-front expenditures. Therefore, the industry is tilled toward institutional, big-money investors instead of individuals. On the other hand, renewable energy is a new industry, posing difficulties to approach for investors, especially if the project is in foreign soil. This creates barriers that result in lengthy negotiations, long waiting periods, and low liquidity of capital. Moreover, many financial and banking institutions are still not interested in renewable energy due to the length and magnitude of projects.
Another challenge is the development of infrastructures (roads, power supply, construction water, etc.). Many locations are suitable for green energy development but are limited by poor local infrastructure. Popular green energy projects, including solar farms and wind turbines, rely on the stability of the local climate and environment. Hence, extra costs occur to secure the compatible infrastructures for such projects.
GreenX — A solution for green energy investments
In the current environment, we need practical solutions to foster global green energy developments. GreenX is one of the best solutions to overcome some of the market ‘s challenges. It enables individual and institutional investors to discover and invest in lucrative, low-risk renewable energy projects around the world.
GreenX helps green energy developers approach global capital pool to raise funds for their projects without deviating from normal legal procedures. Developers can use GreenX ’s platform to quickly raise funds from the crowd without having to go through lengthy and costly investment campaign. On the other hand, individual investors can join the GreenX ecosystem to invest in different projects around the world without lower and upper investment limits. GreenX takes care of all legal proceedings while economic interests are projected by smart contracts. In addition, using the GreenX Global Exchange, investors can tap into a secondary market to quickly liquidate their original investments. Institutional investors also benefit from GreenX. Using our platforms, accredited investors and institutional investors can syndicate out their investments to diversify and to reduce risks.
GreenX ecosystem is built to not only provide unparalleled benefits for both eco-friendly developers and investors, but also bring the positive changes to the world. With a solid business model and a strong team, Green X is shaping up to be one of the best ICO’s of 2018.
Pre-sales will start at the beginning of May 2018. Join us HERE to the be a part of the green energy revolution!
Have any enquiries? Join us on our social media platforms: Telegram; Medium; Facebook; Twitter; GitHub; GreenX’s homepage
