Suncoin Foundation Launches Local Solar Panels Program

It's about supporting local people using the Sun’s most abundant resource.

Peer to peer energy transactions for local communities is possible — and we’re interested in capturing it.

At the local level, apartment rooftop communities are utilising blockchain technology to seperate themselves from Main Power Grids, in an attempt to create Energy that is sourced reliably from a network, thats affordable, and is sustainable for another generation, and most importantly — that work.

Microgrid's provide such versatility, even to the point where central utilities may only become needed as back up services.

Systems such as Microgrids allow groups of people to self-organise around their main-grid and allow people a medium to settle bills locally.

Now,

The Suncoin Foundation is introducing its Program: Local Solar Panel or (LSP) to support this growing mechanism in the renewable energy sector at the local level for social projects that focus on using Renewable Energy as its driving force.

What is a Local Solar Panel? (LSP)

The “LSPs” are *Territorial organisations that operate with SunCoin.

*Territorial , in the first phase is considered countries, in the future we’ll focus on cites and more specific core areas.

There aim is to promote the Suncoin Foundation’s interests on the local level by working with local people in interested in renewable energy.

They‘re responsible for the link between local projects in their territory, it's people initiatives, its investors and promotion of Suncoins interests if required.

The SunCoin Foundation consider the LSP’s as a communication team and manager’s of region, as well as a point of support to carry out future campaigns and social projects.

If You’re interested in Forming LSP group, Here is How

Form a small group of people interested and willing to commit to the SunCoin project and wiling to work with the SunCoin Foundation.

An LSP can be initiated with 3–4 members in the beginning, to distribute the basic tasks of each LSP, but this isn't limited.

What Would My Task’s Include?

Presentation of SunCoin at the local level.

To help organise meetings, talks, debates and actions between members and organizations interested in the Sun Coin project.

To share SunCoin news in your local territories and report related news such as: Events, Places Suncoin can be represented, Talks, Interviews about SunCoin.

An LSP represents Suncoin in its territory, so when SunCoin Foundation (SCF) receives a request from the territory where there is some LSP, SCF, will redirect the request to the LSP to take over. (They can be both physical events and online actions).

Connection between the Suncoin Foundation and it LSP is important, and there will be know-one better informed than local individuals operating on the ground level, so its important that LSP members be aware of active projects in their territory, that might be interested in the use of SunCoin, such as working with other projects that fall into alignment with Suncoins renewable energy mandate. LSP members would be responsible for networking with with such projects. LSPs are key to informing all existing stakeholder groups.

How is it Organized?

Each LSP decides how it should and how it makes decisions, yet all information on how the LSP is managed should be public and shared with the community.

How can you Qualify for Financing

For LSPs to receive funding they must previously participate as an LSP for a minimum of 3 months and be active.

During this trial period, the founders of each LSP will the objectives of SunCoin and the related projects that are ongoing within the community, and their Territory.

After this period the LSPs will have the opportunity to receive a certain amount of SunCoin on a monthly basis for their contribution to the project.

What Should I do Now?

If working with Social Projects based around Renewable Energy sounds like something you would like to be apart of — please get in touch with us!

You can find out more details from SunCoin Foundations Discord (https://discord.gg/RqG7hgy) about their RoadMap, and release dates for the new platform.

Checkout Suncoin-network.com or find them on twitter @suncoin_network / @SuncoinF