The development of blockchain technology is getting more intense. This technology can be applied in various business platforms. one of the platforms that uses this technology is ETAIN POWER. The EtainPower platform creates effective new channels for global investors to access and invest in renewable energy projects. This platform will not only provide a list of projects that can be searched for, but EtainPower will conduct due diligence on each of them to ensure quality standards are met and inform investors about the strengths and weaknesses of each project. Project investors are no longer limited to obtaining fiat currencies from the project location. They will instead receive energy tokens that can be converted to EtainPower tokens or used to buy electricity or other services in the EtainPower ecosystem.
EtainPower based on blockchain technology that will reform the traditional centralized power sector, connect renewable energy producers, investors, consumers, and operators of the electricity network through the new AI energy ecosystem. This platform brings some very great features for its users, these features are;
EtainPower is based on blockchain-based transactions for renewable energy financing. Through the platform, energy producers can establish relationships with global investors to meet their project financing needs. Operating as an energy futures market, capital is raised for the construction of the project by selling the next income from electricity generation to investors, below the agreed market price. In this system, renewable energy producers will issue their own energy tokens that allow investors to buy future power revenues. After the project is operational, revenue from the power plant will be transferred automatically by smart contracts on the blockchain, activating the value of the energy token held by the investor. Then, investors can exchange energy tokens for the same value in the EtainPower (EPR) token or use energy tokens for payments and purchase other services in the EtainPower ecosystem.
The EtainPower platform simplifies the financing process for renewable energy producers, so they do not need to depend on only one investor or spend time looking for several investors to complete project financing.
Every Investor involved in financing renewable energy projects on the EtainPower platform will have many options for using their energy tokens. In addition to exchanging energy tokens for EPR through the platform, they can buy electricity through local providers or use energy tokens in the EtainPower ecosystem to pay for other services. EtainPower provides many application opportunities for energy token holders to use tokens, including rental and charging of electric vehicles and other retail and e-commerce outlets. Offering a variety of energy token applications and investor investors investor participation and helping them remain involved in the EtainPower ecosystem. Energy tokens are not just virtual currencies because the real value is the same as renewable energy profits. This allows investors to participate in the energy futures market, where the value of energy tokens is being activated when renewable energy projects generate revenue. EtainPower's qualification requirements minimize the risk that energy tokens cannot be activated on any project, including:
- Renewable energy projects must sign a power purchase agreement (PPA) with an electric utility company or end user before they can be registered on the EtainPower platform for financing.
- Establish strict qualification criteria that will be prior to project listing for financing to ensure project feasibility.
- Renewable energy producers will be required to authorize EtainPower to manage project revenues, create transparency in all revenues and use smart contracts to accurately record and activate the value of energy tokens.
The EtainPower platform will build an intelligent electricity network that operates based on the principles of decentralization, transparency, and the principles of zeroemission. EtainPower will not only include renewable energy power plants and distributed power generation projects in the ecosystem, but also build partnerships with electricity utility companies. Integration of technologies such as artificial intelligence, blockchain, IoT, and machine learning will improve existing electricity network facilities, optimize electricity network operations, and simplify power transactions. Power grid operators who partner with EtainPower will be upgraded to more stable and intelligent systems, which will optimize renewable energy power plants, manage end-user power, and dynamically adapt to unpredictable weather conditions.
EtainPower is a great platform that will connect renewable energy producers with investors around the world through project financing platforms and help renewable energy producers raise capital for project development in a decentralized, efficient, safe and transparent manner.
To find out the latest information, teams, roadmap and token sales, you can visit the official channel below;
WEBSITE | https://etainpower.io/
TELEGRAM | https://t.me/etainpower_en
TWITTER | https://twitter.com/EtainPower_io
FACEBOOK | https://www.facebook.com/EtainPower-216720922246640/
ANN | https://bitcointalk.org/index.php?topic=4354756.0
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