Description
Sinan accelerates the commercial deployment of new, innovative renewable energy technologies by integrating these technologies into a blockchain enabled tokenization platform to build innovative plants that generate twin revenue streams, one stream from the sale of energy and an additional revenue stream from tokenized carbon credits.
Having two revenue streams means Sinan can deploy new renewable energy technologies sooner than others and accelerate their commercialization and mass deployment.
Sinan?s blockchain platform enables it to tokenize, record and verify carbon credits that are generated from its own plants. This allows it to achieve international certification and hence trade carbon credits on global carbon markets.
This integrated carbon credit value chain from source to market provides a lucrative revenue stream which combined with the sale of energy makes the return on investment in new technologies viable and attractive.
Sinan has signed Power Purchase Agreements to build plants with a total capacity of more than 100MW. Utility-scale plants will be built at Sinan?s Innovation Implementation Zone (SI2) in the Northern Cape, South Africa which has amongst the highest levels of solar radiation in the world. Decentralized grids and standalone plants will be built at client sites with the first two projects scheduled to start construction in Q2 2022.
For these projects Sinan has concluded collaboration agreements with global technology innovators to assess and implement new renewable technologies that are ready for commercialization.
Renewable energy is one of the fastest growing markets with an unprecedented level of investment and global adoption by large energy users. Last year over $286 billion dollars was invested in renewable energy, more than six tim
