Solara Systems Inc
Renewables & Environment - , Ontario, Canada
Solara Systems Inc Employees
Solara Systems Inc Details
Solara Systems Inc. (Solara) provides real-time monitoring, identification, and proof of existence of solar photovoltaic (PV) panels. Our Solara Hardware Module (SHM) is installed on solar panels to accomplish four primary objectives:1/ Reduce operations and maintenance (O&M) costs for project owners2/ Enable new project finance opportunities with crowdfunding and asset fractionalization3/ Generate high-fidelity, high-granularity data for grid management and peer-to-peer (P2P) energy trading4/ Provide a cybersecurity layer to an increasingly digital, complex, and vulnerable electricity gridAs the world's energy system evolves from fossil fuels to renewable energy, each of the SHM's objectives will be realized in stages.Solara's Business Model: We make small amount of money to get sensors (SHMs) in to Solar PV infrastructure. Our IoT sensors will be paid for because Projects / Communities / Stakeholders all need rich data, so called -> Big Data and eventually will need to enable machine learning & artificial intelligence.For Solar Farms & Communities:We enable Solar Communities to Soar through the "No Fly Zones"A solar farm chooses to implement the Solara Hardware Module in their solar panels, hardware which transparently audits their existing solar assets. Solar assets are uniquely identified and made publicly visible on a blockchain, giving real-time proof of existence and an ongoing audit of active hardware in the farm. This transparency builds trust between investors and project managers of the solar farm, which leads to greater investor confidence. Tokenisation - Green BondsSolar assets (in form of our PAT Tokens) are ideal means method for a Millennial marketplace to participate in solar asset ownership (properly indexed and categorised) will enabled a recession proof asset class to be owned by a demographic that will not be able to access the traditional asset portfolio – aka owning property.
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