Suncash is an innovative solar investment opportunity developed in january 2023 that integrates solar energy and blockchain technology. it allows individuals and communities to participate in the renewable energy revolution by enabling fractional ownership and access to solar installations.
SunCash works by your ownership of renewable energy projects. It enables fractional ownership of solar installations, allowing individuals to invest in renewable energy and earn income from the electricity generated.
SunCash contributes to addressing South Africa’s national energy crisis by providing individuals with the opportunity to invest in renewable energy projects. By allowing fractional ownership of solar installations, SunCash opens up what was previously a closed market, enabling more people to play a part in addressing the energy crisis.
Blockchain technology plays a crucial role in the SunCash initiative by enabling fractional ownership of renewable energy projects. It allows individuals to invest in and become stakeholders in clean energy projects, earning sustainable income from the electricity generated and contributing to the fight against climate change.
The purpose and objective of the SunCash initiative are to empower individuals and communities to actively participate in the renewable energy revolution. By enabling fractional ownership and access to solar installations, SunCash aims to create a paradigm shift where individuals and communities become active participants in the energy transition, fostering a sense of ownership, empowerment, and shared responsibility.
Payouts in the SunCash initiative are made to individuals who have invested in the renewable energy projects through fractional ownership. These payouts are based on the income generated from the electricity produced by the solar installations. As stakeholders, investors receive a share of the revenue proportionate to their ownership in the projects. The specific details of the payout structure, frequency, and calculations may vary depending on the terms and conditions of the investment.