Yuxta Energy, the expert solar installer, announced today its partnership with the SolarCoin Foundation. Yuxta enters the SolarCoin ecosystem as an official affiliate to provide solar residential and commercial owners in Costa Rica with the support they need to understand and adopt the SolarCoin Incentive.
SolarCoin is a blockchain digital asset that works like air-miles for solar electricity generation. SolarCoin offers a new incentive for solar power generation on a global scale, independently and additionally to existing government subsidies. Each SolarCoin in circulation represents 1 MWh of solar electricity generation. SolarCoins are claimed by individuals living in homes with solar panels or commercial and utility-scale solar PV producers.
As a new SolarCoin affiliate, Yuxta Energy will provide onboarding and wallet management services to Solar Power Producers, enabling them to earn SolarCoins and add a new revenue stream to their business at no additional cost. Yuxta will create and secure digital wallets, help gather the required claim documentation, manage the on-boarding process with the SolarCoin Foundation, and ensure that claimants receive their SolarCoin rewards.
A number of Solar IPPs like ACWA Power have already registered their PV assets on the SolarCoin platform, and SMA, the world leading inverter producer is trial-testing the grant mechanism.
About Yuxta
Yuxta Energy operates solar installation businesses in Costa Rica. Yuxta joins the SolarCoin network as an Affiliate and solar installer, helping residential and commercial solar power producers claim SolarCoins for free.
About SolarCoin
SolarCoin is the world’s largest community-based solar electricity reward program. Its alternative digital currency may be claimed by individuals with solar-powered homes or commercial solar electricity producers. The project promotes the use of clean, environmentally sustainable energy, with the eventual goal of shifting the levelized cost of energy away from fossil fuels. The SolarCoin Foundation and related affiliates are acting in the field of Blockchain Technology and Digital Assets, with the following related internet sites and companies participating: www.solarcoin.org, www.solcrypto.com, www.electricchain.org and www.solarlux.energy. The Mission of the SolarCoin Foundation is to help deliver more Solar Energy globally and initiate the Global Energy Transition.
Over 11 TWh of solar energy have been incentivised through SolarCoin - enough to power the city of Barcelona for one year!