How Sun Exchange Plans To Connect Solar Energy To The World. Sun Exchange is the world first peer to peer solar leasing platform. Through Sun Exchange anyone, anywhere in the world can own solar energy producing cells and build wealth by leasing those cells to power businesses and organisations in emerging markets, with installations and maintenance taken care by one of Sun Exchange’s carefully selected installation partners. The company leverages financial innovation and the power of the crowd to drive sustainable energy development and make the environment, social and economic benefits of solar accessible and affordable for all.
The company was founded in 2014 by Abe Cambridge, who also serves as the company’s CEO. Cambridge has an academic background in climate change science, he realised that climate change is presenting the most imminent threat to humanity and he concluded that the world needs to transition from using fossil fuels and towards solar power, the more deployable, affordable and accessible type of renewable energy.
It was this realisation that led to the idea for Sun Exchange. After developing Sun Exchange in his spare time, Cambridge quit his job in 2015 and set off on a mission to close the solar funding gap by connecting the world to the sun.
The company believes that solar energy can sustainably power hospitals, schools, schools, community organisations, businesses and factories. It can also drive entire industries and economies. Solar dramatically reduces carbon emissions and air pollution, and it’s also quickly becoming the most affordable source of electricity.
Sun Exchange solar experts find technically optimal, socially and environmentally responsible projects who pay you for using your solar cells to get cheaper and cleaner energy. It tracks your remote solar cell power production. The project pays for consuming your power into an online wallet in national currency or in Bitcoin to ensure instant, low cost and secure international transactions.
“Sun Exchange hosts solar project crowd sales, each with thousands of optimally located solar cells available for under $10. Already, solar cell owners in over 90 countries are earning income directly from their solar assets while benefiting the environment and they are tracking their solar cells’ real time performance on the Sun Exchange platform.” It said in statement on its website.
