Solar inverter provider SMA has launched a scheme whereby customers can receive a cryptocurrency called SolarCoin in exchange for producing solar energy. The payment scheme, available to 260,000 customers through SMA’s Sunny Portal platform, provides one SolarCoin for each megawatt-hour of solar energy generated. SolarCoin was first introduced the last few months and aims to reward distributed renewable energy production. The addition of SMA’s 260,000 producers could significantly boost the coin’s value.
Solar inverter provider SMA has launched a scheme whereby customers can receive a cryptocurrency called SolarCoin in exchange for producing solar energy. The payment scheme, available to 260,000 customers through SMA’s Sunny Portal platform, provides one SolarCoin for each megawatt-hour of solar energy generated. SolarCoin was first introduced five years ago and aims to reward distributed renewable energy production. The addition of SMA’s 260,000 producers could significantly boost the coin’s value.