In 2012, the global demand for power and energy was computed to be 158,000 TWh, and it’s predicted to be rising ever since. Unfortunately, renewable energy sources have only provided for around 19.2% of this total world power demand
To pave the way for a cleaner environment and to eliminate the hurdles that are plaguing the same, TerraGreen has launched a renewable energy platform that’s powered by blockchain technology. With over two decades of experience in the space of green energy, the founding members of the project are incredibly passionate about the vision of designing a sustainable economic system that runs on renewable energy sources.
It unites everyone involved in the process and brings them onto a common platform to supply, exchange, trade, and utilize cleaner energy resources. In doing so, it eliminates middlemen throughout the supply chain. Be it technology, supply chain, or financial aspects- TerraGreen simplifies it all.
Moreover, for the Terragreen project, Terragreen would produce its own coins and these coins will be distributed to the general public for the crowdfunding. The investment made in the coins would be profitable to the major Biomass plant as well as to the general public where they can gain through their investment and plant can produce more amount of renewable products. These would help to increase the value of Terragreen coin and its products economically. Though its all about profit earnings and earning more funds.
These renewable energy products, at the end of the process, will be in their greater heights of economic values.
With TerraGreen Coin, consumers can directly participate or involve in the biomass waste management and production of renewable energy products, which in return support the green energy revolution.
The TerraGreen platform does not shy away from revolutionizing the standard blockchain protocol. Developing its own blockchain technology based on SHA384, it is radically transforming online markets and programmable transactions with public blockchain shared system, centralized blockchain shared system, and private blockchain shared system.
By leveraging blockchain and cryptography, the project empowers all the stakeholders, including biomass suppliers, renewable energy technology developers, power producers and investors with higher returns and fairer tariffs. Both buyers and sellers save time and other resources with more efficient processes.
TerraGreen has already begun its journey to success. Having secured numerous producers of renewable energy, the combined power generation that it has secured it over 100MWe across the ten countries of Association of Southeast Asian Nations (ASEAN).
The project has also identified its greatest challenges and is working relentlessly to solve the same.
A significant roadblock in the production of renewable energy is sortage of raw materials for processing. Instead of relying upon the industry or other players to provide solutions, TerraGreen has already acquired 2000 hectares of land in Malaysia for the above-mentioned energy crop plantation and will also be using it to supply raw materials for the sector.
Founder & CEO
Co-Founder & CTO,
For More Information: Visit https://ico.terragreen.io/