new Cloud Solar and goals for an electric future: Real carbon NFTs

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A low-carbon global economy is inevitable signaling the time to usher our economies to a more sustainable and energy secure future.

Historically, solar power has faced a challenge in accessing a large market of people who would love to participate in helping generate cleaner energy but are limited in their ability to do so.

Most clean energy opportunities have been oriented towards property owners — the classic example being a tier 1 city home/apartment owner who decides to “go solar” by having a rooftop system installed on their house.

Rooftop solar needs…rooftops. That by itself puts solar out of reach for many living in apartments and even those with a roof but not large enough to install an array of panels or have roofs that are shaded from nearby trees or buildings. Also if you don’t own a house, or you are just unsure about making such a capital-intensive and long-term investment, your choices become significantly more constrained. Particularly for renters, students, and people who are unsure where they will be living in the future, it can feel frustrating to find ways to directly support clean energy.

The future of solar is digital — backed by the internet for clean energy.

Cloud Solar harvest will make the interface with clean energy simpler and faster. With a click of a subscription button, you can start generating solar credits which drastically reduced the activation time from a week to seconds.

The closest analogy is that with cloud computing (Google cloud/ AWS etc.,) where you could access compute power on remote servers; similarly using Cloud Solar, you could subscribe to a portion of solar array elsewhere to use offsets from it to save up on your power bill.

Simply said, a portion of a solar panel is made as carbon tokens that you can get through the platform. When you buy a token, you own a piece of a solar panel that got installed for businesses elsewhere who then pay you for the power generated from your token. The more tokens you buy, the more power you create to trade and the more you help to offset carbon emissions.

In terms of investor perspective,

> you can buy and sell carbon tokens at any time due to liquidity in the market compare to rooftop solar.

> helps to beat down the rate of depreciation and maintenance cost of panels.

> Carbon token yield is much greater than infra bond investments.

So what next ? If you’re hoping to reap some of the benefits of going solar without physically installing panels on your property, cloud Solar might be the right choice for you.