Solarex
Solarex
Token: SRX


Blockchain Powered Solar Energy Ecosystem

ICO dates
Start date: 2018-05-18
End date:

Registrated in: UK

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Solarex categories
Energy Infrastructure
Video
Solarex token sale
KYC passing required Yes | Whitelist No | Restriction for countries USA, China
Soft cap 5,000,000 USD
Hard cap 120,000,000 USD
Tokens for sale 1,800,000,000
Token distribution in ICO
75%
75%
Price 1 SRX = 0.06 USD
Price in PreICO 1 SRX = 0.05 USD
Acceppting BTC, ETH, LTC
Bonus in ICO PreICO 20% Bonus.
Solarex news, social
Solarex search trends in Google
Random whitepaper excerpts

Introduction
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1.1 Our vision
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1.2 Problem
....................................................................................................................................... 4
1.3 The Solution
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2.0 Solarex Project
............................................................................................................................ 9
2.1 Solarex: An Innovative Five-in-one Model
............................................................................ 10
2.2 Mobile App
.............................................................................................................

Introduction
The Global energy demand has created a huge market which has seen countries
requiring more energy to power their infrastructural developments and create an
enabling economic growth over the past two decades. Solar power technology
which has gained global acceptability has ultimately become the main driver in
the energy market, with developed countries deploying its potential in boosting
its renewable target.
The creation of blockchain technology has further accelerated solar energy
penetration in the energy market. Speaking about blockchain and solar
technology together is like a breath of fresh air for humanity. Technology itself
empowers us to conduct business transactions efficiently and safely, build open
and fair energy governance system, build network of reliable business partners
and speed up welfare around Africa, which coincidentally has one of the poorest
power generation records globally. In cryptocurrency space, the base technology
has become a great enabler f...

essential that investment and sales revenue must be protected from misuse. Here
comes an innovative solution which is conceived in the business model of
SOLAREX. This is a futuristic, technology enabled and secured framework of
tomorrow’s solar global business with special focus on Africa, Asia and South
America. The blockchain technology is adapted to much needed security around
transaction and metering of solar power in decentralized mode. At the same
time, funding is planned via launching of Solarex utility token to generate
financing for leasing of Solar PV. This way, people can have access to clean and
affordable power mostly opex model and pay for only units, they consume. Our
integrated solution is going to begin a new era where everyone can access to
energy in a secured manner.
1.1 Our vision
Our ultimate vision at Solarex, is to become the largest, most efficient and
sustainable energy provider, offering energy at a cheap/affordable price for all,
and setting a new standard...

management capability in a secured and hassle-free manner. The idea behind the
vision is to bring everyone from Solarex team into one set of goals wherever
they work in the continent. This would pave the way for major successes in
achieving the following business objectives:

Making solution for vast majority of the masses in self-sustainable
manner

Attracting millions of users with greater ease in financing and reach

Earning trust of customers by open, yet secured decentralised
transaction

Protecting users’ interest with utmost convenience and security

Developing business model via various channels

Creating a global brand for future big business
The goal is to effectively extend essential utilities-qualities in 5-in-1 Solar
solution as currently unavailable in the market. The idea is to create economies
of scope where it could touch millions of lives at an affordable price. Thus,
Solarex team members have...

In Nigeria for example, due to the shortfall in electricity supply, Nigerians have
resorted to the use of power generators to supplement their energy demands. A
staggering 60 million Nigerians presently own small and medium powered
generators with more than N3.5 billion spent annually to maintain these
generators. Unfortunately, these short term measures come with a huge price. It
is no longer news that generator fumes in Nigeria are the leading cause of
environmental health and noise hazard. Using generators to address the shortfall
is okay in the short term, but in the long run, it has serious implications, as it’s
fumes for example are hazardous and are the leading cause of cancer, due to the
fact that they contain substances like benzene, arsenic, and formaldehyde. They
also contain carbon monoxide, which can lead to slow death of those exposed to
generator fumes. Health related issues like increase cases of Asthma has even
created great concern in the health ministry and this has been attrib...


Across 36 African countries, just four in 10 enjoy a reliable supply of energy
throughout the day, this means regular blackouts and vulnerable security (CNN
2016)

Across Africa investors joke about living in a “bring-your-own-
infrastructure” continent, in which firms must provide independent
generators, (economist.com)

620 million people have no electricity, is critical to the success of global
efforts to tackle poverty (weforum.org 2016)
To further give a clearer picture of the very deplorable energy situation in
Africa, Fig1. below is a pictogram of the top 10 countries with the least access
to electricity supply. Unfortunately, all the countries listed are from Africa and
this no doubt paints a very gloomy picture of Africa’s energy demand.
Fig1 Top 10 Countries
6
Solarex (SRX) - new generation blockchain technology enabled Solar Power Solutions
...

Fig2: Electricity demand in Africa
Looking at the above chats (fig2.) with reference to the percentage of the
population in each of the countries highlighted above, it is apparent that there is
a huge market to be filled in terms of energy demand in Africa.
With particular reference to Nigeria, a partnership of the World Bank,
International Financial Corporation as well as local banks and energy firms,
could help assuage the pressing issue. The Lighting Africa Project, as it has been
tagged, will focus on helping to develop a private sector that will provide
electricity, using solar power, up to a million households in Nigeria. The project
7
Solarex (SRX) - new generation blockchain technology enabled Solar Power Solutions
...

will target households without access to the national grid in rural communities
over the next five years.
In this context, we find the key problem areas are:
a) Very low installed capacity and no clear plan to cover the gap soon
b) Poor capacity utilisation is a critical pain area
c) Absence of grid power in remote locations
d) Inability to invest money on power generating units
e) Major hazards from the polluting energy sources
f) Lack of transparency and security in power transactions
With the above key issues at the front burner, we have conceived a futuristic
technology enabled idea to design something which is self-sustaining and work
in African environment. Exploring solar energy could be a more realistic option
to fix some of Africa’s power issues since building new national grids could cost
billions of dollars. The idea behind Solarex solar project, is to help ensure that
Africa achieve its renewable target which was set in 2016 when The New
African Partnership for Af...

Solarex Roadmap

1
Q1 2017
Concept Formulated.

Market Feasibility Assessment .

2
Q2 2017
Research and Evaluation.
Data Analysis.
3
Q3 2017
Business Model Initiated.
Team Building Initiated.
4
Q4 2017
Website Development.
Technical Feasibility Assesment.
Marketing and HR.
5
Q1 2018
Solarex ICO Platform Launched.
Marketing Campaign.
6
Q2-Q3 2017
Solarex Pre -ICO.
Solarex ICO Public Events.
Team Inauguration Meeting.
7
Q3 2018
Solarex Farmland Acquisition Initiated.
Design And Manufacture of Products Commenced.
Solarex Application Development.
Solarex Blockchain Development.
Listing Of SRX Token In Exchange.
Wallet Development.
8
Q4 2018
First Batch of Solar Farm Equipment Arrives Nigeria.
The launch of Solarex Lease PV.
The launch of Solarex Outright Sale PV.
Solar farm Installation.
9
Q1 2019
Solar Farm Testing.
Smart Meter Testing.
Blockchain Integration With Solar Farm Testing.
Mobile App Testing.
10
Q2 2019
Solar Farm Launched.
Full Solarex Ecosystem on Pilot Testing in Nigeria.
Scaling of Solarex Operations.
Operation Licenses in Place.
Expand Product Marketing Team.
11
Q3 2019
2nd Solar Farms Launched With full Operational Ecosystem.
12
Q4 2019
More Solar Farms Launched With full Operational Ecosystems in Nigeria.
13
2020 - 2025 Q1 - Q4
Rapid Deployment/Expansion Across Africa, as Decided in the Operational Growth Management Plan.
Oti Edema
Oti Edema Founder, CEO

Sanjib Saha
Sanjib Saha Result-oriented Senior Professional

Sameep S
Sameep S Experienced web developer and Blockchain expert

Ranit Saha
Ranit Saha Masters in Technology

Himani A
Himani A HIMANI A PMP certified project manager

Azmat Ali
Azmat Ali ACCA Certified Accountant

Sadjere Clement
Sadjere Clement A certified SPPA-T3000 control system expert

Kyrylo Ivanov
Kyrylo Ivanov Senior Linux Administrator

Kanti Sangma
Kanti Sangma Web developer/ designer

Dattatray N
Dattatray N Lead Engineer

Jin C
Jin C Software/hardware engineer

Krunal B
Krunal B Senior Automation and Instrumentation design engineer

Hasnat K
Advisors Hasnat K Advisor

Masoud Hakimi
Advisors Masoud Hakimi Director, Micrologic Design, UK. Lecturer Anglia Ruskin University Uk

Tim Reynolds
Advisors Tim Reynolds Chartered Engineer & Environmentalist

Kien Nguyen
Advisors Kien Nguyen Advisor

Adrian Edema
Advisors Adrian Edema Editor in Chief of NGR News

Rashid Qayyum
Advisors Rashid Qayyum Advisor

Hua Tuan
Advisors Hua Tuan Advisor

Oti Edema
Oti Edema
Founder, CEO
Blockchain Advisor
Certified Blockchain Expert
Certified Blockchain Expert
Certified Blockchain Expert
BLOCKCHAIN ADVISOR
Certified Blockchain Expert
RANIT SAHA
RANIT SAHA
SENIOR SOFTWARE ENGINEER
Tim Reynolds
Tim Reynolds
Chartered Engineer & Environmentalist
Cofounder CTO/Sr. SW Engr II
Cofounder CTO/Sr. SW Engr II
Adrian Edema
Adrian Edema
Editor in Chief of NGR News
Founder of Gric Coin
Advisor