What are renewable energy resources? Renewable energies are inexhaustible, clean and increasingly competitive energy. These energy resources differ from fossil fuels in their diversity, potential and abundance and their energies resources are used anywhere in the world except these it does not produce any greenhouse gases and any polluting emissions. Renewable energy covers biomass conversation, solar thermal applications, wind energy technology, hydropower and many more. The demand for a renewable energy project is very high as compared to conventional energy sources such as fossil fuels. As a result demand of Renewable energies industry has been increasing.
ETAINPOWER is a blockchain based platform which is powered by artificial intelligence technology that helps renewable energy producer to overcome problems of project financing. This platform connects renewable energy producer with investors and helps to complete the transaction in a decentralised, efficient and transparent way. However, it is not sufficient to develop enough energy sources to substitute for fossil fuel use. All these power sources needes high environmental costs and combined potential for avoiding any crisis hits.
Planning and milestone
The most important goal of EtainPower is to raise fund for renewable energy producer and help producers to provide financing platform and help producers to raise fund for project construction inefficient and transparent way. The long-term goal is to the upgraded existing power grid to connect renewable energy. The main mission of this platform is to reform the existing energy of the power industry and create a new decentralised power network.
Etain power helps in making fund transition
Renewable energy has made many achievements recently and still has some problems that need to be solved. As initial investment demand for renewable energy projects is high and most Renewable energy producers want to decrease initial investment and doing projects for making profits. Etain power helps to raise funds for Renewable energy producer.
Applications of Etain power Ecosystems
It includes services other than renewable energy project financing. Etainpower builds many applications and platforms based on the user's demand.
P2P power trading
This trading allows PPS holders to purchase electricity from nearby renewable energy producers at the very cheap cost compared to market price. This blockchain platform will enable them to sell over generated electricity to the third party with reducing the cost to maintain investment return.
Renting of Electric vehicle
This platform provides PPS holders entire vehicle renting solution from online booking, picking up and rental payment and the whole process is done automatically.
Electrical vehicle charging
This charger allows PPS holders to charge their electric vehicles at any charging station which comes under Etain power ecosystem. This platform will also manage the token transaction, meter reading, and data collection etc.
Power transaction for power utility
This platform will install online monitored for electricity consumption for power terminal controllers by using smart contract.
Power transaction for a smart microgrid
This platform allows renewable energy producers to build blockchain base innovative smart grid that is useful for power transaction automatically.
These are some applications and feature of blockchain based Etainpower ecosystem.
For More Curiosity:
Etainchain Website:- links:https://etainpower.io
Facebook:- https://www.facebook.com/EtainPower-216720922246640/
Twitter:- https://twitter.com/EtainPower_io
Etainchain Ann Thread:- https://bitcointalk.org/index.php?topic=4314921.msg38712650#msg38712650
