Please describe your proposed solution.
Today the population of the planet is more than 6 billion people, daily we consume more resources than the planet really has, in this context, research on clean and renewable energies is currently a global trend. We know that San Juan (The land of the sun) has the longest hours of sunshine and the best solar energy production.
ADA SOLAR, a Cardano blockchain Solar Farm will combine the solar energy of San Juan with the green concept of the Cardano spirit as a basis for the solution of the problem and It offers the opportunity to participate in energy production that has traditionally only been available to large companies and aims to decentralize solar energy by creating a platform that allows anyone to participate in solar power generation and then create a large-scale solar farm in San Juan, a location with high radiation and the greatest exposure to sunlight, where efficiency levels far superior to those of small isolated developments are achieved. Significant improvements in operation and maintenance costs. Because of its economic and environmental benefits, investing in large-scale solar power is the most sustainable way to address energy shortages. We have received strong support to complete the feasibility and technical analysis in PHASE 1 (FUND 7), as well as support from the province's national power utility, ADA SOLAR will build a first 5 MW Solar Farm where solar insolation is strongest and begin a new era of decentralized power generation.
Cardano decentralizes Finance, ADA Solar decentralizes Energy.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Our project fits perfectly with this CHALLENGE, which is not only broader in scope but also more participatory. Cardano needs more diverse and innovative ideas and projects to form a richer ecosystem for the community to use and to promote a diverse offering of products and synthesis. Therefore, our project not only fits the concept of decentralized renewable energy, but also involves a combination of marketplace, DEFI, gaming, environmental and other innovations that fit this CHALLENGE goals and can build a useful, fun, environmentally friendly, creative and decentralized ecosystem for people to interact more with the Cardano blockchain. There is an opportunity to help further drive more adoption, feedback, growth, and even more innovation.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The risks that may be encountered in the project and how to mitigate them are as follows
1.Time exceeds expectation: Computer engineers encounter difficulties in the design process, resulting in a delay in the design and creation of the entire platform. To avoid this problem, we will adopt Agile software development which involves an approach to decision making in software projects, based on iterative and incremental development, where requirements and solutions evolve over time according to the need of the project. Thus the work is done through the collaboration of self-organized and multidisciplinary teams, immersed in a shared process of short-term decision making, detecting any mismatch quickly, being able to take action quickly.
2.Platform security issues: In order to avoid security issues in the platform, we have arranged two programmers to cross-compare all the platform designs to make sure of the transaction security issues, so as to avoid design dead ends and security being affected due to personal limitations or neglect. In addition, after the design is completed, we will ask independent third-party programmers to re-evaluate and test the platform after it has been designed.
3.Project implementation problem: After the platform design is completed, not many people are expected to participate in this project, so we have to strengthen the promotion of the platform and marketing to let more people know the concept of decentralization of new energy, the benefits of investing in new energy and the rewards that can be obtained afterwards to encourage more people to join our project.
4.Legal and tax issues : Although we have already obtained the initial information on the flow of funds and transfer of funds, we are still worried that the funds obtained may be restricted by the laws of some countries, which may lead to the loss of additional funds in the process, therefore, we will propose a study in LEGAL AND FINATIAL IMPLEMENTATIONS CHALLENGE (<https://cardano.ideascale.com/c/idea/417208>) to find out a complete legal and feasible funding scheme. We will also propose a study to find a complete legal and feasible funding solution to ensure that the entire project can be used safely and smoothly without subsequent legal or tax problems after obtaining the funds. We also anticipate opening an account in a country that supports cryptocurrencies to find the safest way to ensure that the funds do not affect or limit our ability to execute the project.