Solar energy has been proven to be the much needed solution to places where there has been little or no power supply. Infrastructures are been put in place to see that the world is lit up as soon as possible. As beautiful as this plan is the ever increasing population of the world is standing as a barrier to achieving this with the current population increase rate standing at around 83 million people per year. This has…"Trading Energy On Solarex P2P Energy Trading Platform"
In a bid to make energy effortlessly available for all, Solarex took up the challenge and made its ultimate vision to become the largest blockchain based, most efficient, affordable and sustainable energy provider and this has kept us on our toes. Over the years, generating sets have been known to provide short term solution to the energy crisis in Africa, however, this it does at an expensive price to the consumer’s health and resources. In…"Paradigm Shift"
In 2016, CNN carried out a survey across 36 African countries and just 4 out of 10 enjoy a reliable supply of energy throughout the day, which means a greater percentage experience regular blackouts. Some of the main causes of energy crises in most African countries are identified as Absence of grid power in remote and developed location. lack of safety and reliability. · Environmental and Public health. · Major hazards from the polluting energy…"Charting the Energy Course!"
Solarex, the energy solution startup aims to put forward an innovative blockchain model that will disrupt, decentralise, decarbonise, digitalize and democratise the access to energy for all. Solarex the blockchain based Solar Energy Company that promises to be the most sustainable energy provider across the globe has launched its Utility Token (SRX) which will have multiple uses in the Solarex Ecosystem, with SRX, users will be able to purchase energy from Solarex Ecosystem, transact payment…"SOLAREX- The Catalyst to Revolutionising the Energy Market in Africa"
Advocacy for the use of renewable energy has never been as intense as in recent years. Population explosion, urbanization, climate change amongst other challenges affecting our world has made it imperative to reduce the use of non-renewable sources of energy for their negative impact on the environment. The fact is that renewable energy are forms of energy that are natural and constantly replenishing and the sources include wind, sun, rain, tides, heat, wind, Biofuel, Biogas…"Amazing opportunities for Investors in the renewable energy market in Africa"
Africa’s energy deficit continues to make negative impacts on economic growth, employment opportunities, agriculture, health care and good education. The African continent no doubt, amidst all these plagues that bedevil her in virtually all economic sectors is blessed with startling potentials, resources and good climatic conditions. But unfortunately, decades of poor and corrupt political leadership controls has added more levels of underdevelopment to the economic sectors of most African countries. One sector mostly hit by…"How Solarex is bridging the energy deficit in Africa via Blockchain Technology"
The energy market in Africa is relatively struggling to meet up with the massive demand from consumers, with more than 620 million Africans still unable to access electricity. The ever growing population which keeps placing huge strain on the 1.7GW of daily energy supplied in the region makes the situation even more pathetic. Unfortunately, there are several barriers hindering power investors from coming into the market to ameliorate the crisis. In this article we shall…"The huge energy market barriers in Africa"
The present grid arrangement in Africa is basically built around a centralised grid network that is deployed in the transmission and distribution chain network. This means all generating power plant by rule are expected to evacuate power into a centralised grid network with a central control centre that helps in load distribution to various cities and towns. Unfortunately, the centralised nature of the grid network means there is frequent outages and loss of energy as…"Unnecessary loss of energy in a centralised grid during power transmission and distribution"
The challenge posed by huge energy cost within the African energy market remains a thorny issue that has plagued the continent over time. It remains a limiting factor that has bedevilled the energy sector in Africa in terms of grid power penetration. This has created a huge hurdle to the increase in electricity generation capacity, as the high cost of producing electricity and the subsequent electricity tariff implies huge subsidy from the government. A critical…"The overwhelming challenge of energy cost in Africa"
The huge environmental pollution from traditional energy sources in Africa The challenge of environmental pollution resulting from the use of fossil fuels, which has become a traditional source of most energy generation in Africa, has become so worrisome over the years. Most power plants in Africa are powered by Gas, coal and hydro. These energy sources contribute more than 85% of the total energy needs in the continent which is presently estimated at around 1.8GW…"The challenge posed by environmental pollution from fossil fuel usage in Africa"