Tuesday, February 26, 2019

USA, Massachusetts: East Coast Geothermal Energy Developer Aims For Over 10 GW of Renewable Energy Infrastructure Over the Next 30-years

Eden GeoPower Seeks Investors (News Release)


(Video 1:45 Minutes)

Eden GeoPower Inc. is revolutionizing the energy industry by combining renewable energy and blockchain to develop off-grid geothermal resources. The value created will be in the form of a security token built, designed, and distributed by Eden.

Our strategy is to:
  1. Take advantage of the low-hanging fruit which is to use existing geothermal resources for energy production and 
  2. support and develop future technologies for commercialization of “Enhanced Geothermal Systems”. 
Our company's goal is to be directly involved with the development of over 10 GW of renewable energy infrastructure over the next 30-years. Each geothermal power plant that we develop will be capable of producing up to 50 MW of renewable geothermal energy, for up to 30 years, and at a levelized cost of electricity (LCOE) below 5c/kWh.

To do so, Eden GeoPower will be financing each of its power plants’ capital investment through the digital issuance of a Special Purpose Vehicle (SPV). This digital SPV will take the form of a token, and will grant its holder (investor) ownership of a project, as well as recurrent dividends from that project’s net earnings.

More Information..........