The SolarCoin foundation has launched a service to reward solar energy home owners with free SolarCoin across 68 countries. Homeowners can now automatically import their data from most of the largest solar platforms and claim their rewards in under 2 minutes.
SolarCoin (SLR) is a free solar energy incentive program given to homeowners and other producers of solar energy. Each verified megawatt-hour (MWh) of produced energy is rewarded with 1 SolarCoin.
Solarcoin can be used like Bitcoin: saved, spent, or traded on exchanges around the world for Bitcoin, US dollars, yen, pounds sterling, and other currencies. Over the past two years SolarCoin has traded in a wide range, with each token worth from $0.05 to $2.20 USD.
Homeowners get SolarCoin for energy produced since January 2010. A rooftop with 5 KW installed could receive Solarcoin for free. §52.00 SLR has been worth between $2.60-$114.40 USD over the last 2 years.
The SolarCoin foundation believes the SolarCoin economy can help accelerate the transition to renewable energy by acting as an incentive. The $100 billion Bitcoin economy was created solely by issuing Bitcoin into circulation as a reward for proof of computational work known as mining. Solarcoin creates a solar economy by rewarding the of proof of solar energy production. SolarCoin is an ultra-low carbon blockchain estimated to be 10,000 times more efficient than Bitcoin at similar scale.
SolarCoin now supports many of the world’s largest monitoring platforms including:
- Enphase enlighten
- Locus Energy
- Huawei / NetEco
- Meteo Control
- Momentum Solar
- Origin Energy Australia
- Schneider Electric
- SolarCity (Tesla)
- Sun Power
These systems monitor over 4 million solar installations; estimated at 20% of the world’s 20 million estimated solar plants. The platforms monitor an estimated 50 GW of nameplate capacity representing 10% of installed global solar power.
The data import service creates a one time 7 data point snapshot of a homeowner’s solar system. The home owner may then recieve SolarCoin for energy production going back to January 2010. The user is also eligible to receive free SolarCoin grants every 6 months for the remaining 20–30 year life of their system.
The SolarCoin Foundation is a for profit US entity. Over the last 4 years it has granted 11 million SolarCoin representing 11 terawatt-hours (TWh) of solar energy production, equivalent to the energy used by 11m American homes in 1 month. SolarCoin have been claimed in 68 countries by groups ranging from homeowners to global multi-billion dollar energy giants.
Solar homeowners can sign up at www.solarcoin.org to claim their free SolarCoin. It takes 2 minutes to sign up and is free.