Coming to market on January 13th, 2022, Sinan Energy will be introducing a brand new initiative in the crypto space. Unlike other green energy offers in cryptocurrency, Sinan won’t simply be creating a token based on energy output. They’ll take on the daunting task of designing and building the actual power plants that generate the renewable energy for investors to then purchase tokenized carbon credits on.
The launch of Sinan Energy Tokens will take place in January on the SushiSwap Decentralized Exchange, and will enable individual, corporate and institutional investors to own and trade carbon credits directly from the operation of utility scale power infrastructure.
Launch of Sinan Energy Tokens takes place January 13th 2022
Sinan Energy is a blockchain enabled decentralized energy utility that builds tokenized renewable energy power plants — enabling individual and institutional investors and major corporations to accumulate carbon credits directly from the operation of utility scale power infrastructure. Unlike other crypto energy offerings, Sinan doesn’t just trade energy, Sinan designs and builds the power plants that generate renewable energy and related carbon credits.
The Sinan Energy Token (SET)
The Sinan Energy Token (SET) is a crypto asset that allows the holder direct rights to the carbon credits accrued as a result of production of renewable energy from real operating power plants. SET Tokens therefore represent real intrinsic value derived from the generation and sale of green energy and will be traded on the SushiSwap Decentralized Exchange.
Sinan Carbon Credit Token
The Sinan Carbon Credit Token (SCC) is a certified carbon credit derived from emissions savings using renewable energy sources to replace fossil fuel power generation. Given the high levels of dirty coal prevalent in most developing economies, Sinan Renewable Energy Plants displace amongst the highest levels of carbon and other noxious emissions than almost any other similar renewable energy project. Carbon credits are expected to increase 20 fold in value over the next 8 years as companies and governments race to meet Net-Zero Targets.
Globally, commercial and industrial sector energy users account for more than 60% of all power produced, making this one of the largest global markets in any industry, running into trillions of dollars. Decentralized Independent Power Utilities like Sinan Energy now compete favorably against fossil fired, centralized, state owned utilities and provide clean energy at lower tariffs to commercial and industrial sector clients.
The move from centralized fossil fired power to renewable energy plants allows a blockchain enabled decentralized utility like Sinan to control the carbon credit value chain from renewable energy source to trading market for all carbon credits that it generates.
Sinan utilizes tokenization and DeFi capability to enable individuals, institutions and corporations everywhere in the world to trade, invest or offset carbon credits derived from the operation of Sinan’s own utility-scale renewable energy plants.
Sinan further enables other renewable generators to seamlessly integrate into its platform thereby increasing the volume of carbon credits available for investment or offsetting.
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