SolarCoin reward recognized by IRENA (International Renewable Energy Agency)
The SolarCoin reward program has been recognized by IRENA, the (International Renewable Energy Agency) as being a source of financial support for global solar energy projects.Like the United Nations, World Bank, WTO (world trade organization); IRENA is an IGO; an inter-governmental organization made up of 149 member states with 26 member states pending.IRENA Member states and pending. July 2016SolarCoin is now listed in the IRENA market place of global renewable energy projects and financing tools.SolarCoin is one of only 10 types of financing relating to solar energy in the market place and the only free reward program available globally.SolarCoin anticipates a rapid acceleration in participation of the SolarCoin program after with this formal recognition by IRENA as a global reward for solar energy production granted at the rate of §1 SLR per 1 MWh of verified solar energy production globally.*
About the IRENA Marketplace
The Irena Marketplace is a joint project between IRENA and IADB (Inter American Development Bank)
To the knowledge of the SolarCoin Foundation, SolarCoin is the first blockchain based reward recognized by a major IGO.
SolarCoin encourages solar energy associations within the respective IRENA member states to reach out to the SolarCoin Foundation to learn more about the 40 year free rewards program.
About SolarCoin:
SolarCoin is an alternative digital currency that works like air-miles for Solar electricity generation. SolarCoin is claimed by individuals living in homes with Solar panels on their roof or by the owners of large solar electricity farms. Any source of verified solar electricity production can claim solarcoin at the rate of §1 SLR per 1MWh of solar energy generated.SolarCoin is traded on multiple online bitcoin exchanges and is convertible into most global currencies.SolarCoin was founded in 2014 and operates in 21 countries with affiliates in Global Solarchange in Berlin/Tel Aviv and Solcrypto in Tokyo Japan. More information about SolarCoin can be found atwww.solarcoin.org.The SolarCoin media kit is available here:
About the Inter American Development Bank:
The Inter-American Development Bank (IADB or IDB or BID) is the largest source of development financing for Latin America and theCaribbean. Established in 1959, the IDB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporations.Key facts:
- 2,000 employees across four continents, with headquarters in Washington, DC, in 26 borrowing member countries, and regional offices in Asia and Europe.
- 48 member countries represented by the Board of Executive Directors.
- IDB clients include central governments, provinces, municipalities, private firms, and NGOs.
About IRENA:
The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.With a mandate from countries around the world, IRENA encourages governments to adopt enabling policies for renewable energy investments, provides practical tools and policy advice to accelerate renewable energy deployment, and facilitates knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population.In line with these aims, IRENA provides a range of products and services, including:
- Renewable Readiness Assessments, conducted in partnership with governments and regional organisations, to provide policy guidance and facilitate the sharing of case studies and best practices;
- the Global Atlas for Renewable Energy, which maps solar, wind sources country by country;
- the IRENA Renewable Energy Learning Partnership (IRELP), an online learning network;
- Handbooks for renewable energy policy development;
- Technology briefs and cost studies
- Facilitation of renewable energy planning at regional levels;
- Renewable Energy Country Profiles.
With more than 140 states and the European Union as members, and active participation by many more signatories and applicants for membership around the world, IRENA helps countries achieve their clean energy potential and promotes renewable resources and technologies as the key to a sustainable future.*SolarCoin participation is restricted to countries and parties not included in the U.S. Treasury OFAC embargo list.