The Sun Exchange is partnering with the United Nations Development Programme (UNDP) who believe that Sun Exchange’s unique blockchain based business model offers the perfect solution to finance and develop solar energy projects in Eastern Europe. The UNDP have a vision to develop solar power access in the landlocked country of Moldova in Eastern Europe and increase access to locally abundant, affordable renewable energy. Their vision is however hindered by the costs associated with solar power. It is this that led the UNDP to approach Sun Exchange and SolarCoin; two leading innovators in the blockchain solar space with already active platforms and coins which have been built to accelerate and promote investment in solar power.

Up to this point Moldova has been importing roughly 74% of its electricity and in the last five years energy prices have increased by more than 50%. The partnering of the UNDP with Sun Exchange and SolarCoin will be a step towards bringing this economically draining, unsustainable practice to an end with the development of a local solar power plant at the Technical University of Moldova to test this partnership and business model. The project will be financed by the Sun Exchange community which is constantly growing, open to everyone, and comprises of people from all around the world that are using the Sun Exchange platform to buy individual solar cells within energy projects and then lease them out to earn revenue in local or crypto currency.

The result of this partnership and project development is that the university will now have access to green, reliable, cheap solar power. In addition to this, investors in the project using the Sun Exchange platform will receive income from the electricity the project produces, essentially streaming monetized sunshine to the cell owners.

The Sun Exchange is currently hosting a SUNEX Token public pre-sale. Tokens bought during this time will include a 15% bonus. SUNEX Tokens are stakeable into the world’s first solar project insurance fund for emerging markets and they can also be used to unlock bonuses, discounts and priority access on Sun Exchange’s global solar panel sharing market place.