Yuxta Energy grants SolarCoins to solar power producers in Costa Ricahttps://solarcoin.org/news/yuxta_energy_rants_solarcoins_to_solar_power_producers_in_costa_ricaYuxta Energy, the expert solar installer, announced today its partnership with the SolarCoin Foundation. Yuxta enters the SolarCoin ecosystem as an official affiliate to provide solar residential and commercial owners in Costa Rica with the support they need to understand and adopt the SolarCoin Incentive.
SolarCoin is a blockchain digital asset that works like air-miles for solar electricity generation. SolarCoin offers a new incentive for solar power generation on a global scale, independently and additionally to existing government subsidies. Each SolarCoin in circulation represents 1 MWh of solar electricity generation. SolarCoins are claimed by individuals living in homes with solar panels or commercial and utility-scale solar PV producers.
As a new SolarCoin affiliate, Yuxta Energy will provide onboarding and wallet management services to Solar Power Producers, enabling them to earn SolarCoins and add a new revenue stream to their business at no additional cost. Yuxta will create and secure digital wallets, help gather the required claim documentation, manage the on-boarding process with the SolarCoin Foundation, and ensure that claimants receive their SolarCoin rewards.
A number of Solar IPPs like ACWA Power have already registered their PV assets on the SolarCoin platform, and SMA, the world leading inverter producer is trial-testing the grant mechanism.