sabqie: EtainPower Token

Renewable energy is now optimized because the conventional fossil fuel though generates cheap electricity, contribute to global warming and pollution thus, more renewable energy projects are built.

Like any other business, renewable energy projects encounter challenges during the development stage. One is the financial issue. Initial capital needed in renewable energy projects is high and the high demand for initial equity investment requires more financing for renewable energy producers to complete construction. These producers want to decrease the initial capital investment and obtain project financing through debt from financial institutions such as banks or obtain government subsidy. To secure a loan, renewable energy producers need enough assets for mortgage. Also, banks as a traditional financing source are conservative because they do not know very well the standard of renewable energy project and its industry technology.

Second, individuals who have capital and have interest in investing in renewable energy projects cannot find an investment channel for project financing information to make investments. Small and medium size investors do not also have the ability to screen and evaluate projects because they neither have adequate knowledge or professional background to assess the project. In case they invest, they can only obtain the return of their investment through the use of the electricity generated by the project or by obtaining the currency of the project’s location. The limitation of fiat currency and geography become obstacles in investment. If the potential investor and the project are in to different locations and the investor is suing fiat currency different from the project’s local currency, investors still need to exchange their fiat currencies which are subject to foreign currency exchange regulations that investors may have to endure losses due to exchange rate fluctuation.

Lastly, the generated electricity in renewable energy projects are unpredictable because the energy sources such as solar or wind energy is out of human control. Also, power grid operators find it difficult to balance power generation and load distribution when there is more grid connections which make energy fluctuate from time to time thus, becoming unstable.

EtainPower is here to solve these problems and simplify the financing process for renewable energy producers by:

Building up a blockchain-based renewable energy trading platform. EtainPower will tokenize the renewable energy revenue and help producers complete project financing through blockchain and smart contract technology.
Building the effective channel for investor around the world to access and invest in renewable energy projects. EtainPower will ensure the quality of the project, and the investor’s benefit.
Using an Artificial Intelligence technology to optimize energy grid connection, create smart grid technology and enhance the elasticity of the power grid.

EtainPower Token
Etain Power platform has two tokens: EPR (platform token) and PowerPoints (PPS, energy token). Individuals can get EPR token through a public offering or through participating in renewable energy project financing. EPR is used for the following:

All projects that were financed on EtainPower platform will donate 1% of the PPS they issue, which will be shared by all the holders of EPR. As more projects use the EtainPower platform for financing, the value of the EPR will rise up.
When a renewable energy producer issue PPS, EPR holders can buy PPS with EPR.
A platform fee is charged for projects that has been successfully financed, part of which will be used to buy back EPR in the secondary market.
EPR holders can also enjoy other priority services provided by the EtainPower platform and,
Allows each EPR holder the right to vote for the listing of a new project on the platform.

Renewable energy producers can issue PPS and complete the project financing through the EtainPower platform. The actual value of the PPS equals the projected future revenue. During project financing stage, renewable energy producer sells electricity to investors in the form of PPS, at a price lower than the actual value. The value of PPS will be activated when the project generates revenue.

PPS token is used to finance renewable energy projects on EtainPower platform. PPS token can be purchased with Ethereum, EPR token, or fiat currency. The actual value of PPS is equivalent to the price of 1 kilowatt hour electricity generated by the project. The holders of PPS can exchange PPS for equal value EPR on the EtainPower platform; purchase electricity from power utility; or pay for various services in the EtainPower ecosystem.
How the financing works?

When a producer needs capital for his renewable energy project but do not have enough funds and he decides to sell the amount of electricity that will be generated in the future to complete project financing. After diligent review, the company then issues PPS token amounting to the projected revenue through EtainPower platform. The actual value of each PPS equals to the price it will be sold to the power utility. When sale starts, investors from all over the world can purchase each PPS at a lower price on EtainPower platform. PPS is sold based on "first purchase, first served" principle. EtainPower will give free EPR to investors based on the number of PPS they purchase. When all PPS are sold out, the sale ends. After the sale closed, PPS, together with the free EPR, will be transferred to investor's wallet automatically. The project owner will donate EtainPower platform 1% of the issued PPS which will be shared by all the EPR holders. In addition, EtainPower will charge the solar company platform fee, and use a portion of the fee to buy back EPR token. All the purchased EPR tokens will be distributed to the market for free. When the project is operational, the producer receives the projected revenue from the local power utility for every kilowatt of electricity generated. The revenue will be automatically transferred to activate PPS investors and can be used for all the applications and services on the EtainPower platform.

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