ICO Green Energy Token

Green Energy Token (GET) is a renewable green energy token that will be used and backed by renewable energy resources and infrastructural projects all around the world. Purchaser’s of the green coin will be able to hold, sell or trade the green energy token which is known as the Green Coin for investment purposes.

Renewable Energy Token will represent a renewable energy certificate (REC). A REC represent 1000 kwh of renewable energy generated from a renewable energy source. Purchasers of the REC token is not tradable and can only be used to make claims for renewable energy usage for your daily, monthly or yearly electricity consumptions. Our REC products are green-e certified by a third party certifier.

RECs represent the environmental attributes of electricity generated from renewable energy sources. These attributes are unbundled from the physical electricity, and the two products- the attributes embodied in the certificates and the commodity electricity may be traded separately. The purchase of RECs offsets the production of polluting energy sources, while creating a market demand for new renewable sources of energy. While the mix of “green” (renewable) power and “brown” (conventional) power is actually shared by everyone, however the environmental attributes are credited to the customers who have paid a premium to create that benefit.