Solario Webinar Recap
May 10, 2018
Presented by: Dan Settgast & Joachim Kleber
This webinar is property of Solario, Inc. and Unicorn Network, Inc. and may not be recorded, and then distributed to the public. Any transcriptions/translations provided live by the “Power of WE” are not official. Please wait for the official English recap and translations for the complete details presented during any webinar.
Disclaimer: You are always personally responsible for your own actions; nothing contained in this or any webinar is to be constituted as advice for any reason. Do your own due diligence and speak with your own experts before making any decisions, such as those relating to health, finances, taxes, and business, to name a few.
Topics in this recap:
1. The SOLARIO Project; white paper release with inventor as special guest.
Dear Unicorn Members,
Today we have a very important topic to talk about. Today we are talking about the SOLARIO Project, and we will be releasing the white paper, which is available on the Solario website https://www.solario.online.
We have a special guest today, and that is Mr. Joachim Kleber, who is the inventor of the Solario technology.
Everything we will be talking about here today will be in the white paper, except of course the Q&A section at the end of the webinar.
During this webinar, Mr. Joachim Kleber will present and explain the Solario technology, and there may be some parts that won’t be that detailed in the white paper, but they will be in the webinar recap.
Here is the short description about the Solario project:
The SOLARIO Solar Energy Revolution, is a game-changing technology that has been developed and patented by a team of German engineers. The head of development, Joachim Kleber, (the inventor himself), who is with us here today, is a solar industry veteran who has participated in hundreds of national and international projects.
Back in 2009 he started to develop a technology that would raise the efficiency of regular photovoltaic system by combining the photovoltaic process with other energy-producing technologies.
In 2011 he filed his technology for patent and the patent was granted in 2014. In the following years, the Wismar University of Applied Sciences: Technology, Business and Design (Germany) scientifically proved a 3.8 times higher efficiency compared to other solar energy systems.
Solario, Inc. has been founded in 2018 to share the potential of this groundbreaking technology with the world. Through a global, 40-month crowdfunding campaign, everybody is invited to join our Solar Energy Revolution.
It is our goal to globally provide 100% clean energy and at the same time, to reduce the costs for electricity by at least 50%, no matter where you live. Thanks to blockchain technology we will be able to establish local Micro Power Grids all over the world, delivering the best solar technology and the cheapest clean energy wherever it is needed.
During our international crowdfunding campaign we offer blockchain-based Solario Tokens (SOLR). Each SOLR Token is a voucher for 100kWh of electricity, to be delivered from January 2022.
So that is the short description that you will see in the white paper.
The next topic in the white paper is “World Energy Consumption” and this is a bunch of dry numbers, very exciting when you read it, and especially when you read between the lines, but this is definitely nothing that we would need to talk about today.
More important is that when you check the paragraph about 2016 and where the total world energy came from. This is very astonishing because it is only 2 years ago, and when you check the total world energy, you see that in 2016 total world energy came from 80% fossil fuels, 10% biofuels, 5% nuclear and only 5% is renewable clean (hydro, wind, solar, geothermal). Only 18% of that total world energy was in the form of electricity. Most of the other 82% was used for heat and transportation (you have to fuel your car if you want to drive).
Recently there has been a large increase in international agreements and national Energy Action Plans, such as the EU 2009 Renewable Energy Directive, to increase the use of renewable energy due to the growing concerns about pollution from energy sources that come from fossil fuels such as oil, coal, and natural gas.
One such initiative was the United Nations Development Programme's World Energy Assessment in 2000 that highlighted many challenges humanity would have to overcome in order to shift from fossil fuels to renewable energy sources.
So now that we have learned that only 5% in 2016 of all energy has been renewable, (5% means total combined from these sources: hydro, wind, solar, geothermal). So just solar energy is only a small part of it.
And when we talk about solar energy—power from the sun—is a vast, inexhaustible, and clean resource. Solar electricity generation represents a clean alternative to electricity from fossil fuels, with no air and water pollution, no global warming pollution, no risks of electricity price spikes, and no threats to our public health.
Solar energy can also heat water, cool and heat homes, and provide free, natural lighting. And once a system is in place to convert the solar resource into useful energy, the fuel is free.
Most important to understand: the solar resource is enormous. Just 18 days of sunshine on Earth contains the same amount of energy as is stored in all of the planet's reserves of coal, oil, and natural gas together. That is why we can say that the sun is our endless source of clean energy.
Averaged over the entire surface of the planet, one square meter collects about 4.2 kilowatt-hours of solar energy every day, or the approximate energy equivalent of nearly a barrel of oil per year. That is just talking about 1 square meter. That is just the sun.
Now we have to talk about what makes the SOLARIO technology so special. Why was it worth being patented? How is it different from other photovoltaic systems? Therefore, we have our special guest today, Mr. Joachim Kleber, and he knows everything in detail.
So let me pass the microphone to him.
So, what is the difference between SOLARIO and the normal photovoltaic (PV) energy. The difference is that in the normal photovoltaic energy, the light that you transform into electricity it passes only one time through your part, whatever it is, a PV cell made from silicone or thin film, and that is it. By the way, with light, the heat comes and the heat acts against this electricity-generation effect. And this was my intention, to ask why can’t we do both, make electricity from direct light and from the heat, and if you combine that intelligently, we couple the cooling of the cell and behind we create electricity and put that together.
In short words, the SOLARIO Technology solves the three biggest problems of photovoltaic (PV) systems:
#1 PV systems produce electricity only when the sun is shining.
#2 PV systems use only a small part of the solar energy.
#3 Due to the heat of solar energy, PV systems produce less electricity.
The SOLARIO Technology is delivering electricity 24/7, because it is converting not only light, but also heat into electricity. Thanks to latent heat storage systems, which means we store heat on a constant temperature point, electricity is produced and provided around the clock.
In detail, the SOLARIO Technology is a hybrid system for the generation of electricity from solar energy. It is combining classic PV technology, Peltier elements, thermoelectric modules, and latent heat storage systems. As a result, our technology is about 3.8 times more efficient than regular PV systems. This high efficiency rate has been scientifically proven by the renowned Wismar University of Applied Sciences: Technology, Business and Design, in Germany.
There are many application possibilities for the SOLARIO Technology. For example, it can be used to establish decentralized Micro Power Grids, as source, but it is not limited to stationary purposes. Based on first calculations, an electric car with a 1000-mile range could be built based on our technology. Even smaller devices like drones, laptop computers, and smartphones can be powered by SOLARIO in the near future.
Nevertheless, in the beginning we are focusing on developing a roof tile with SOLARIO Technology on board. It is the easiest way to deliver our clean, cheap energy all around the world. The setup and installation will be fast and easy, making private homes, schools, and other buildings independent from vulnerable public power grids. Small neighborhoods and communities can easily establish SOLARIO Micro Power Grids, where the consumption is automatically billed and paid on the blockchain.
Now here is a sample, an image where you can see how exactly the SOLARIO Technology is built.
2 = protection layer and mechanical decoupling (prevents breakage of photovoltaic cells)
3 = photovoltaic cell
4 = Peltier element and thermal generator
5 = thermal insulation layer
6 = stabilization layer with latent heat storage
7 = Peltier element and thermal generator
8 = thermal insulation layer
9 = latent heat storage
With a Peltier element, there are 2 physical effects, if you have a diode, you can put on the diode electricity, so on the diode you will feel heat and a cold side. If you have a lot of diodes in an area, one side becomes cool and the other side becomes hot; this is the effect Mr. Peltier, 100 years ago found. The other effect is a Seebeck effect, this means if a difference in temperature on the same part, if that comes up, you can measure electricity on the other side. So it is one part that we can use as a heater or cooler and other side we can use as a generator.
So this, we put this directly behind the PV cell, and then we use a layer of latent heat storage in position 6. This is why I have written part 4 or 5, because it can be a Peltier Element (PE) or a thermal generator; it depends on the meaning where the heat actually comes in, or if we need to bring heat out over the cell.
In point 5 there is a thermal insulation layer, that is a latent heat layer, and then again we can put another PE between the next insulation layer, and so on. What we have now, is if (solar) radiation comes from the outside into the system, the PV will produce energy and what we do actually is we give it to the utility or whatever, but we can now cool down with the point 4 & 5 in the cell, so the electric productivity of the cell will rise up, and we can produce; and if the site to the cell is cool, the site to the thermal insulation layer will heat up. Then in the second Peltier element we can get power, what we sort out of the system, where instead of what we did in the past using the direct PV energy, here we can now directly couple out the energy from this heat.
So what effect do we have?
We can stabilize the energy that we put out.
We can store this heat energy in the Thermal Insulation layer.
We can build more layers, it depends on what we want to do.
And we can control the heat and electricity, now, in 3-dimensions, not only in a flat area.
This means that for example, on the day the (solar) radiation goes in, we put all the heat in, we cool down the radiation control, where we store the energy inside this package, and we couple out the electricity. Then at night, we can let out the heat energy over the cell. Also on a clear day, we see a drop to the outside, this drop is natural to the atmosphere and space, therefore you can measure temperatures close to the absolute zero (minus 270℃) or if you have cloudy weather in the atmosphere (minus 240℃), in the sky. This is how we work together with the heat flow within the system. There is a lot of potential.
Also if we want heat out of the system, position 4 and 5 are doors; if I have too much electrical energy, I can give this thermal pass back into the system. So we can couple out electricity 24 hours, 7 days per week, forever.
Dan: So if I understood it right, with combining all these different technologies and systems, especially this Peltier element, so what you do is on one side you cool down the photovoltaic cell…
Dan: …and that means that the hotter the PV cell is, the less energy it is producing…
Joachim: which is the actual disadvantage of the PV cell.
Dan: So that means by having a solution to cool it down, it automatically produces more energy.
Dan: Then literally, on the other side, you use the same heat to produce additional energy…
Joachim: Not only the same, I use this heat, yes, but there is a characteristic thing in PV cells because the main component in PV cells is silicon. Silicon is not resistant to infrared radiation. With normal light, you get a higher percent from infrared radiation that comes on the cell, and this actually now heats up the cell because of the back sheet of the cells; and the silver, what you need for electricity transportation from the normal PV cell, heats up the cell from the backside. We talk here from a cell thickness from approximately 150-250 microns, so this heats up really fast.
If you look at specifications of normal PV cells, you will see that power generation of PV cells is 0.5% less per every 1℃ above the 25℃ideal temperature. So let’s say you have a specification of 5 W and you get into the cell temperature of 40 degrees so that you have 15 degrees difference to the 25, and you have to multiply this 15 x 0.5%, and so then you have 7.5% less productivity.
Dan: So now in your technology, other PV systems, they try to avoid the heat, but your system is built in a way that…
Joachim: …We cool it down and use the heat as electricity. And to make electricity from heat is not a new technology.
Dan: No, I have heard of that before.
Joachim: Look at a power station.
Dan: Can you share with our members how this factor of 3.8 comes into the picture; because 3.8 times more efficient, this is huge!
Joachim: No, it is not that huge.
Dan: Yeah, but for the people, who are not into that technical stuff, they would ask if it is possible to get 3.8 times more efficiency, why doesn’t everyone do this? So there must be something special here.
Joachim: I will tell you where the 3.8 comes from; better I start with the 3. Now if you build a thermal generator, which follows in his power output the PV cell. You accept that if radiation comes to the PV cell, you make power of, let’s say of 3 W; and in that moment we put energy in this package. In our patent, we say the dimension of this Peltier element, whether we take the first, the second or the third, is exactly in the same range as the PV cell is.
Dan: So that means you double?
In that case I put heat in my storage. And let’s say overnight the sun is not outside the PV cell, so the heat-flow goes out of the system; and what I have put inside during the day goes outside over the night. And even more goes outside over the night, because if I stabilize, for example, latent heat storage with 25 ℃, over the day it works from 40℃ to 70℃, to 25℃, over this thermal generator. In the night from 25℃ to -40℃ or to -270℃ is a bigger gap, so anyway, if we put all the heat that is stored in the latent heat in one-time out over the thermal generator, which follows the PV cell, we have the saved time of this electricity production. It is a logical effect to have this natural control, or a designed control to have 3 times more energy.
And on top, if I cool the PV cell, we take the 0.8 on top. Just roughly that this is a minimum. Now if we take more stages and cover more in the latent heat storage, we get a lot more; because if we take the first Peltier element as a door and we can say OK just level your internal insulation layers and put out all electricity and then we close the door. And then we open the door and the rest of the flow goes out against the -40℃ or -270℃ if we have clear sky in the night.
So 3 times is not the big potential, it is logic.
Dan: Ok, so there is a potential for even better efficiency.
Dan: So let me try to recap…
So number one is the regular photovoltaic (PV) effect producing energy. And because we are keeping the PV cell at a constant temperature, it produces more than the regular PV systems. And now by getting the heat away from the PV cell into our system, we store the heat and produce the same amount of electricity…
Joachim: This is exactly what we want to demonstrate, this is described in the patent. This is the fundamental of the patent. This is our first design.
Dan: Then at night, the system is hotter than the area around it, because the air gets cooler at night, we know that, so it just reverses the process, gets the heat out of the system, and produces energy at night as well.
Joachim: And the calculation is only 2 times during the day and one time during the night.
Dan: OK. So now I need to ask, because this was my thing…
If they take all these layers: the weatherproof coating, then the protection layer, and the photovoltaic cell, and then the Peltier element and thermal generator, then another thermal insulation layer, and all that comes after that… I got the impression that this would be 10-20 cm high, or like in America, 7-10 inches high, so tell me what are the specifics of what we can see here illustrated? Is that 5cm, 10cm, 15cm; how high is all that together?
Joachim: Lower than 1 mm.
Dan: What?! So we are talking about a foil?
Joachim: Yes. We are talking about a laminate…if you have ever seen a normal PV module, it is laminated. Then you have a glass sheet of 3.2 mm (this is a 0.1), then you have 0.2 as EVA, heat glue, let’s say 1mm and the cell is 200 micro meter (this is the actual PV), then the other package behind, this is the target, where we want to come out with, between 500-1000 microns. So about 1mm.
Dan: Oh wow! Ah, so that is why you say this could be used in the future even for cars.
Joachim: Yes. We have to eliminate the thickness of the cells, to make them smaller size and get them flexible. But this is in the future, let’s start with what we have…
Dan: the roof tiles.
Dan: And that’s the fascinating thing about the technology or about the SOLARIO project, we are not talking about a certain product; we are talking about a whole new technology. And now, the reason for the crowdfunding, is about having the funds to be able to develop different products, and the first product will be the roof tile.
We usually do the Q&A at the end of the webinar, however I think now is the best time. So please ask your questions to Mr. Keber.
Mr. Kleber needs to focus on the development of the product so he won’t be available for many webinars.
I know people have asked questions in our skype rooms, if you have doubts or just want to know more, now is the time to ask your questions.
Q: How much energy can be produced in a month from a roof of say 1000 Square meters?
A: (Joachim): Ok, that is a big roof, to be honest I did not calculate it like that; let me answer this in another way. The design that we want to design is from 1mm to the biggest tile is 300 x 300 mm, it takes 4 or 6 cells on it, and we want to come up with 20 W up to 200 W.
Dan: But, when you say for example 20 W, you cannot compare it with a regular photovoltaic system, because photovoltaic is only for daytime.
Joachim: In our technology we talk about from 20W, 24 hours, 7 days a week. So in kWh per year it is 8760. In kWh per year, you are away from what we do with normal PV; with normal PV we talk about 1000 square meter roof; or we talk per sq meter, let’s say about 200-220 W-peak per square meter and this you can multiply by 1000-1400 kWh and per W-peak per year, so a lot lower than what we do.
Q: Will this system be delivered by mail to the customers?
A: (Dan): No. This needs to be installed by experts, and you know there are solar experts in many countries, and we have some time to educate them about how this system needs to be installed.
Q: How will the energy be transmitted to each home from the micro solar generator system? No grid?
A: (Dan): Well we named it Micro Power Grid because we will establish Micro Power Grids, and that means that generally you need some kind of a cable from the solar energy device (the SOLARIO roof tile) and you need to connect it to your system. So if we create a Micro Power Grid, image a neighborhood with 10 houses, so we put the SOLARIO roof tiles on one of the roofs, and then all 10 houses (or however many it is) will be connected. And then thanks to blockchain technology, automatically and without the public grid, you are able to receive electricity and you automatically pay for it with your tokens.
And now the question would be, “Who is the owner of the technology?” If the owner of the house where the roof tiles are installed paid for the tiles, and then the tokens would be credited to him, because he is producing the electricity? Well in most cases in the beginning, it will be SOLARIO itself, so that you pay with tokens for the energy that you receive, and the owner of the house with the tiles, because he is allowing us to put our technology on his roof (at no cost to him), might have a little cheaper rate, or something similar.
Q: Time plan on product when will we start receiving?
A: (Dan): That’s part of the white paper, our road map. You can also see it on the website itself, but it will be a little more detailed in the white paper. The plan is to deliver products starting somewhere in 2021, and the SOLARIO global energy network shall be established starting January 2022. Of course guys, we won’t be in all places, in all countries and cities in just one day. This is a step by step process. The sequence regarding where we will start, and how we will continue, will depend on:
a) Where do the members who own Solario Tokens live
b) The certification process of the countries. Each country has its own certification policies for products; and of course the political situation. If there is a country on this wonderful planet where it is not allowed to import this kind of technology, it will take some more time before they possibly change their mind.
But 2022 is the start date, and we will be in several locations. And then we will find out about the sequence. First, we need the product, the prototype, and then you can ask for certification.
Q: What exactly is transported via blockchain and how?
A: (Dan): Well, the tokens. Right now it is the tokens, and at a later time we will use the blockchain for automatic, fast and cheap billing and payment of energy through the blockchain.
Q: Will someone be able to build a mini electricity center for a community?
A: (Dan): Ok so this question would be, “Could this be built on a bigger scale in the future?” So, not just for one house or a small neighborhood, but on a bigger scale?
Joachim: Sure it can be done, but the question is, does it make sense? We already have experience with centralized production of electricity, especially here in Germany. Decentralized is the better way.
Dan: Definitely it is.
Q: This technology will necessarily have to be authorized by the government of the country where you want to use it?
A: (Dan): Yes of course, it has to be certified. The good news is that literally every country on the planet has goals to switch from fossil energy to renewable, green and clean energy. And we will help them in this process. And they are under high pressure to find more efficient ways, and we will give them one. Generally we would expect that in every country where generally solar energy is allowed, that the SOLARIO technology would be allowed as well. Because, under the line, it is nothing else but solar energy, only smarter than the other versions.
Q: Are you still able to produce and to sell your product? Where do you produce?
A: (Dan): That is what we just explained. The technology is patented, the German University has proved the technology, and now the crowdfunding is for developing the prototypes. The first prototype will be the roof tile, and from there we will go to mass production. So when you read the white paper, you will read all these facts.
Q: Will we be able to buy this system for our roofs, for 1 home only?
A: (Dan): Yes, at a certain point, the technology will be available for sale for the regular consumers. After the SOLARIO energy network is established, for sure we will make the system available for consumers.
You need to have in mind that we only have 50 million tokens; many of you already ordered and most of you have more than one token; and if we would just say 50 tokens on average, that would mean that only 1 million different people can own Solario Tokens. So that means even if we now say that we want the whole world to have these tokens globally, in reality it is just a fraction of a percent. It would be like 0.001% or even less, of people holding Solario Tokens, and those will be of course the first to enjoy this beautiful technology.
Q: Will the materials use up over time? Which materials would need to be replaced over time?
A: (Joachim): Every material will be used up over time. Photovoltaic needs 40 years for example; the cell itself, glass needs up to 100 years. There are no moving parts in this system. We need something to control it with, so we have some electronics there, and therefore something can mismatch or could be destroyed; so it is a live system and it has to be managed, you need service and maintenance on it. But, less maintenance than any other electricity converters that are now in place.
Dan: I know that photovoltaic systems generally have a lifetime of 25 to 30 years.
Joachim: Yes, some get a warranty of 30 years and more.
But if you compare past discussions for example, the approval of PV systems, the specifications for that, and also fundamentals of IDC, it’s written by the EU PV area in Italy, and they have formulated the test conditions where you come out with a warranty for 20 years. They installed the system in 1999, they ran the system, it was 20 kW-peaks, they run the system for 20-years, then they made the test again, they can certify 98% of the installation for the next 25%. So we know, for just the PV, it can run 45 years. Some suppliers give a warranty of 30 years or more. The question is do they (the suppliers) live for 30-40 years?
It is an idea of experience and if you have no movable parts in the system, the only thing is the electricity, and electronics with low power switching. This is what we do because we combine small units, the switching parts, and whatever is difficult but it is not difficult. What is aging over the years, the lower the power you have in these parts, the longer the parts will go on.
Dan: So generally, you can say that the lifetime of the Solario technology product (the roof tile), won’t be shorter than the regular photovoltaic systems, at least the same, or even longer?
Joachim: I think even longer, because we handle the thermal stress.
Dan: Yes, because we control the heat.
Q: What is the price per square meter?
A: (Dan): We cannot answer that right now, because the product will be in the market in 3 years from now. Many of the elements built-in, like for the thermal generators and the Peltier element, the price depends on the masses produced; so the more you produce, the cheaper the price will be. Generally, the prices are going down for solar systems anyway.
Maybe the question is, “Compared to photovoltaic systems, what will the price be?” So, we have 3.8 times more energy; is the price 3.8 times higher?
Dan: Is it 10x higher?
Dan: It is the same, or maybe a little bit more?
Joachim: It depends on Solario, because we are the supplier. (Haha)
Dan: So the production costs are not much more than for the photovoltaic.
Joachim: No, we try to have lower costs than for photovoltaic. This is the goal.
Dan: Wow, yes, that is great!
Q: How does your storage compare with Hydrogen storage?
A: (Dan): First, we have to say that in this Solario technology, besides the heat storage, there is no electricity storage here included; like there is no storage included in the photovoltaic systems.
Joachim: Hydrogen storage is a really good technology. The question is if we are allowed, because if you hear a hydrogen explosion, you lose your hearing (haha).
I will not fight one good technology with another good technology.
Hydrogen is a higher level technology because you store more energy in a cubic meter, if you do it right. We do not look at storing so much energy, we try to produce energy continuously. That is the difference.
Dan: Of course that is an important aspect (energy from the system 24/7), however at peak times you want to store energy or you produce energy and want to store it….
Joachim: I think it will be needed. When you build your system, you have to think of the user underneath and you have to balance the user. You do it if you build a house, for example in Germany, every normal single-family house gets a bill from their energy supplier based on 1 kW.
What means 1 kW? In the same second, you can get from this connection 1 kW and you can use this connection with 8760 hours per year. But this is a small one what your supplier gives you. If you have a big cooking stove with 4-6 pots working directly, you are not happy with this 1 kW, you need 3 (kW). In Germany, you need the next step to get 3 kW to the place of 1 kW. In this case it’s similar, if you have one tile on your roof, you cannot take more out than 200 W. If you to cook more, you need more roof tiles, but then you really have a higher connection and you never use this much in a year.
For example a normal family in middle-Europe they need 4,000-6,000 kWh per year. So with 1 kW multiplied by 8750 = 8750, but you need 3.5 or 4 sometimes, what do you do with this extra?
Dan: Well it might be good if you have a neighbor in your Micro Power Grid…
Joachim: yes, you can share it.
Dan: So not every house needs this technology and to be serving the neighbors…
Joachim: Yes, and this is the business model of Solario.
Q: Would this system enable us to produce and use electricity without having to install a smart meter with all its electro-magnetic pollution? We live in Germany.
A: Generally we can say that the only thing you need is the device that is measuring the electricity you use, or if you are producing, then how much electricity is leaving your system to the micro-grid. That will be an internet-connected device, because you know, the blockchain is on the internet, and then all the calculations, billing and payment will automatically be done. So when you are producing electricity, you receive tokens, and when you are using electricity, you pay tokens; it is all done automatically, you just check your balance from time to time. And of course if you run low on tokens because you are the user, then you would need to buy additional tokens. That is generally everything you need for our technology. If there are any legal requirements to have a smart meter (I don’t know how it is in Germany), we might need some time to change things; but from our technology-side it is not needed.
Joachim: Actually, we are under 10 kW peak, so we can do this in Germany, but I do not know what will happen in 1 or 2 years. If you come over 10 kW peak, you have to give this information to the government, you have to have this information in the central register and then you have to pay each year additions, and so on and then you have to meter it.
And no one knows what happens in the next 2 years, with the metering and the funds for the actual needed money for the regenerative energy in Europe.
Dan: Yes, someone needs to pay the bill.
Ok, but generally we can say that with our Solario technology, whatever the legal requirements are, we can fulfill them. In Germany it is most likely that it will be certified, but on the other side, if the government says that we need a smart meter, then that is what we will do but it is not needed from our side.
Q: Is the price of SOLR token attached with the success of the product?
A: (Dan): No. The Solar token is a voucher for 100 kWh of electricity to be delivered after January 1, 2022. We are not talking about an investment, nor a business opportunity that you can be a part of. We are talking about a pure, solid crowdfunding. We have an exciting technology; like with most of the crowdfunding someone has had a brilliant idea, and now the crowd needs to give the funds so we can make this great idea become reality in the form of a product, which will be the roof tiles.
To make it clear: with the solar tokens you are not buying roof tiles, and you don’t have to buy roof tiles later to be able to receive the energy from your token. The only thing you are doing now is buying a voucher for 100 kWh per token. Right now we are selling them for US$0.90 per token in this pre-crowdfunding phase. You might have seen on our website that the first 10 million tokens literally sold over night, so about 24 hours ago we added 6 million more tokens and I think that more than 25% are already sold; so when the rest of these will sell, the main crowdfunding will begin. After the main crowdfunding phase 1 starts within the next days, or weeks, depending on how fast we are selling out, the price of the token will be US$1 for a total of 6 million tokens. And after this phase, we will have batches of 700,000 tokens, and for every 700,000 tokens the price will go up by US$0.10 (10 cents). So after US$1, there will be US$1.10, then the next, we will have US$1.20, and so on. That will be going on for 40 months; after 40 months we will reach a price of US$5 per token, which equals US$0.05 (5 cents) per kWh, which in most countries is terribly cheap and really, very, very attractive.
Understand, after the token sale is over, there will be no tokens available, and the national price for energy, when you want to buy new tokens, is of course based on the national requirements. For example here in Germany, when you calculate in USD, we are paying US$0.35 (35 cents) per kWh, and our goal is to cut the price at least in half. So we would talk about US$0.175 (17.5 cents) per kWh. So you can buy these tokens right now for 90 cents, and later they will cost up to US$5. And then all the tokens will be sold. So now when you have a token, and the token is sold to someone in Germany, and then within the 18 cents there might be 5, 6, 7, 8 cents of fees or taxes that need to be paid, but you might receive 10 cents (per kWh), so that would be 10 dollars (per token); if your token is sold within the Solario network. So this will be very exciting.
But the solar token is not connected to any business model. It is just a vehicle to sell and buy, and bill, and pay electricity from our network.
Q: Production in Germany?
A: (Dan): First, the production depends on costs. Second, it depends on where the most members are, meaning which is the country with the most tokens and most requested. So, we always strive for producing where we deliver. That means that the first manufacturer might be in Germany, for making it easier for development and getting the certification, and stuff like that. Long-term, we might have production facilities in different countries.
Q: I live in an apartment; how will it work in apartment building?
A: (Dan): In an apartment building, the homeowner association (or apartment owner) would need to say, “OK, we want to be a part of this Solario network, so we will put some of the roof tiles on our roof”. Then, they could establish a Micro Power Grid within their building. So if there are 10, 20, 30 or even more units in an apartment building, then every person could choose if they want to stay with the public system, or they want to switch to Solario.
Q: What about in rainy days when there is no sunlight?
A: (Dan): And we could add here for our members for example from Finland, “What about winter time when the sun hides?”
Joachim: We have the same electrical output 24 hours a day, 7 days a week.
Dan: Does it depend on more or less sunshine in different countries?
Dan: This is because of the difference in temperature that we use?
Joachim: Yes. We work against -40 degrees Celsius on cloudy days, including the nights where we also have clouds. And we work against -273.15 degrees Celsius on a clear starry night (absolute zero temperature; 0 K on the Kelvin scale).
Dan: So that means that even for our members in Siberia where they have -50 degrees, there is no problem?
Joachim: The system without the PV cell works for a long time, especially on the poles, because of the Seebeck effect and Peltier effect; it especially works good on the poles because of the high temperature difference. And it does not depend on the sun.
Q: What will installation of this technology add to the cost of a new home. US announced requirements recently for new homes to include solar panels in the near future.
A: (Dan): Well that is great news! The best thing that could happen to Solario is if in every country when buying a new home the requirements are to have renewable energy, like solar energy on your roof or your lot.
Joachim: The hard answer to this question is that it will add no costs, because you will not have to install solar panels, and we do not want to be higher in our prices, so it will have zero added costs.
Q: If they are panels, what is the size of each one?
A: (Dan): We are not talking about panels; we have roof tiles. So what is the size approximately?
Joachim: Approximately 300mm x 300mm.
Dan: So that is 30cm x 30cm, or 12in x 12in.
Q: Is the price per token including the product to be installed?
A: (Dan): No, we just explained it. The token is a voucher for electricity to be delivered.
Q: So, no need for battery storage and conversion from DC to AC ?
A: (Joachim) It depends on the country where we will install. At first we will begin with DC, like a regular photovoltaic system. In the future maybe we will come up with AC, because it depends on the electronics that control the temperature internal. It is possible to come out with AC, but not in the first step.
And there is no need for batteries if your watt output to what you need underneath with your resister is the same, then there is no need for a batter. If you say, I need only 1 kW on roof but I know I can have 8760 kWh per year, then I want a battery backup in the house, where I can collect what I don’t know if I need, so then generally you need a battery.
Dan: So generally, it is compatible with a battery, but you don’t need it to run this system.
Q: Will this technology make us independent of the usual power grids and cables from the big energy companies?
A: (Dan) No and yes.
Joachim: The intention is not to use them, but we need the big energy companies in the world.
Dan: A big NO and in between the lines a “yes”. So not in the beginning, but in the future we will see…
Q: Any shareholding opportunity in your company?
A: (Dan) Generally for the public the answer is NO. If an investor would approach us now wanting to be a part of it, it must be an accredited investor and we would need to see if it is a fit.
Q: Will our "home" units generate surplus electricity that could be sold back to the utility company, such as we have in the US now with wind and solar?
A: (Dan) Generally, yes.
Q: … or will it also make use of existing grids for sharing of an over-supply of electricity with such big companies?
A: (Dan) Not automatically, and we are talking about decentralized local Micro Power Grids. So the fun part of that name is “micro”; it can be a closed system just for 1, 2, 3, 10 houses, for 20 apartments in a building, etc. The Solario Micro Power Grids are not dependent on the public power grid.
Q: Can this energy be used for fueling electrical cars too?
A: You will read about it in the white paper; there is a little outlook into the future regarding what is possible. And the short answer is yes.
Q: Do you need the tokens in order to use the system?
A: (Dan) Yes, that is the thing. You hop on the train now by buying the tokens. No tokens means no access to the Solario network.
Q: What will we do when we need three-phase electricity?
A: (Joachim) That is not so easy, but you will need an inverter, or you will need 3 passes from the roof to a single inverter, but then you have to level the 3 inverters to 120 degrees, so generally you need the best ways to use an inverter to get three-phase electricity.
Q: Will you sell your products exclusively in SafeZone using WSS affiliate business model?
A: (Dan) As Mr. Kleber mentioned several times, Solario and Unicorn Network have partnered together, it is in our hands as Solario Inc. so there is a high chance that it will be exactly like you described.
Q: Where are the tokens stored?
A: (Dan) On an Ethereum based blockchain.
Q: Where do we sell the tokens later on? Will it be on an exchange?
A: (Dan) No it will not be on an exchange, because it is not a coin, it is not cryptocurrency, it is not a model of partnership in a business like revenue or profit share. The tokens at Solario are simply a pure voucher. And each token is good for 100 kWh, so each token is like a smart contract for 100 kWh. Now if you at a later time use your token, you receive 100 kWh and your token is gone. By the way, the token has 5 decimals because 100 kWh are 10,000 Wh; and that makes it 5 digits. That means that we can bill you exactly, down to a single 1 watt-hour. Let’s say you have received exactly 100 kWh, and 1 token is gone from your balance automatically, from our system. So now somebody else has this token, which means it will be Solario delivering the energy, it will be the company having this token, or it will be another user like the person who produced electricity from the tiles on his own roof. So if you have received electricity from him, he would receive your used token. So now the token is still a voucher for 100 kWh. That means that the only thing the the person with the tiles on his roof can do (because he is producing energy so I would assume that he does not need tokens), is giving the token back to the market, and then someone who needs a token will buy it. And this is the circulation of tokens, and there is no need for a separate exchange or whatever, and there is no need for a fluctuating price per token, because the token price always will be fixed, related to national requirements, like we said (for example) in Germany. Whatever our price is, there might be 8 cents on top, for fees and taxes. Well we would need to collect that with the token price. So do not get confused. Now the token is a voucher, so now there are no extra costs. But we are talking here about a token that you buy within the network after January 2022. And depending on where you live, there the price will always be fixed.
Now talking about our Solario Marketplace, that will open in Q4 of 2018 (October, November or December). And on that marketplace, if you have tokens that you want to sell because you have bought too many and you already have energy for 1000 years, you will be able to list them there, but you won’t be able to choose a price for them. It will be a fixed price. That means that you participate somehow in the price raise, but it not an investment, and it is not something to speculate, or to have this token listed on any exchanges.
Q: Is it possible to donate SOLR to friends?
A: (Dan) Generally somehow yes. Right now we are pre-crowdfunding, then we have the crowdfunding, and I would guess that in July and or maybe in August, from the pre-crowdfunding and the crowdfunding the tokens will be delivered into the blockchain, and then of course you can donate it to other people. But you need to have in mind that 1 token is a voucher for 100 kWh of electricity; nothing more than that.
Q: Is the surface of the grid breakable during storms? Or, if someone or an animal throws a rock at it?
A: (Joachim) I think it is not the surface of the grid, it’s the surface of the small module that you are asking about. But, yes it is breakable because photovoltaic cell is breakable. But it is a little bit more protected because you have smaller areas here.
Q: In the U.S., there are various government programs to fund the introduction of industry and to retrain displaced workers for instance in the coal mining regions. Would there be a future possibility of expanding production facilities?
A: (Dan) Yes, yes, and yes. That would be the perfect introduction of our technology into certain areas.
Q: Will people be able to buy this solar tile, install it and use it independent of SOLARIO, especially in a country that doesn't allow it as a GRID connected product, but a home owner could install and use it?
A: (Dan) Generally yes, but it is Solario first, and then we will decide when it makes sense to put it on the market.
Ok guys, thank you for your great questions. Hopefully this helped to understand a little bit more to understand the patented technology.
Now let us talk a little about the blockchain technology and why we use it. So Solario is using blockchain technology because it provides the easiest, fastest, cheapest and most transparent way of globally delivering our Solario vouchers, as tokens. But even more important, blockchain is the perfect solution for automatic billing and payments, once our first Solario energy is delivered to customers. Imagine, no letters, no billing, no banking involved, none of these big companies are involved, it is simply automatically paid because you are connected to the Solario network.
And, you know, we are the SafeZone so that means, of course, you are protected when it comes to privacy and security, so your data won’t be spread like other companies do it.
Each SOLARIO Token (SOLR) is a voucher good for 100 kWh of clean SOLARIO Energy. Once our global SOLARIO Energy Network is established (planned to start on Jan 1, 2022), SOLR Tokens can be used by our customers to pay for electricity which has been produced within a SOLARIO Micro Power Grid (SMPG) in their area. If for any technical, political or other reasons no SMPG is available, customers can hold their tokens or monetize them on the SOLARIO Marketplace. And like I explained before, the prices there will be much higher than it is now.
Blockchain technology is even creating more opportunities for SOLARIO. There was a question about electric cars. So now imagine electric cars producing and consuming SOLARIO Energy while they are on the road. As a member of the SOLARIO Network you could charge your car at any SOLARIO Micro Power Grid and you automatically pay with your SOLR Tokens. In a distant future, electric cars might produce more energy than is consumed for driving, so any SOLARIO powered electric car might become a mobile power plant, delivering clean energy to any house within the SOLARIO Network.
Or, in other words, you might say, “Well I do not need roof tiles; I am just connecting the car to the house, and then the car is the battery for delivering the power”. But that is the future guys.
So this will also be in the white paper.
There will be a topic about the SOLARIO team, in the white paper. And of course the SOLARIO Token will be explained in detail.
The next topic in the while paper will be an explanation about the crowdfunding campaign. Like I did before, now it’s 90 cents, then US$1, then after phase 1 of the crowdfunding campaign, we have this 40 x 700,000 tokens, and each time when 700,000 tokens are sold, at the latest, after 30-days, the price will go up, but I have a strong feeling that 700,000 tokens will be sold very, very fast.
Then of course the SOLARIO Marketplace will be explained and then we have the SOLARIO Road Map, and here in the white paper it will be explained a little more in detail.
You will see the registration number for the patent and the cover sheet of the patent. The patent is always public so everybody will be able to read the patent and hopefully to understand it. I am pretty sure we will have some channel to get some questions to Mr. Kleber, if they are reasonable, of course.
We have the road map in detail, what happened so far, when we will have the prototypes starting, the production so far, maybe when the first roof or frame, or whatever the case is when the Solario technology will be installed for the first time. And of course we will celebrate and share all these milestones on our social pages. So it’s the same for opening facilities for mass production, and when and where the first Micro Power Grids will be installed, and so on.
And guys, talking about our social media pages, at the bottom of the Solario website, you can find the buttons for Facebook, Twitter, BitcoinTalk, Reddit and Telegram (as well as at the end of this recap, under “additional info from support”). If you like this project, be social with us; especially on the Facebook page. Go there, like it and leave a review because when we start our crowdfunding campaign and you start promoting, people will search for SOLARIO and many will check on Facebook. If they see a page with 3 likes and 1 review, it is not that impressive. Let us show The Power of WE. Each “like” brings our pages up in search engines for example, and it gives potential new partners and members a good feeling.
Ok guys that is it for today. It was a 2-hour webinar. Hopefully you liked it and hopefully you learned a lot about the SOLARIO technology, and hopefully we have been able to communicate how exciting this is. We are not just talking about a product; we are talking about a game-changing technology. And we can be proud to be part of it.
So BIG Thank you to Mr. Kleber and to his partners who decided to partner with us, and to trust us, and to trust The Power of WE.
Thank you guys for being with us here today, all the best, be proud to be a Unicorn and always HAPPY HEALTH. Bye-bye.
With your success in mind,
Dan Settgast, Joachim Kleber and
Your WAZZUB Support Team
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Earnings Disclaimer: Every effort has been made to accurately represent our project. Any examples of results are not to be interpreted as a promise or guarantee of earnings. Your level of success in attaining the results claimed on our website depends on the time you devote to the project, on your knowledge and on various marketing skills. Since these factors differ according to individuals, we cannot guarantee any success or specific result. Nor are we responsible for any of your actions. Materials found on our website may contain information that includes or is based upon forward-looking statements. Forward-looking statements give our expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with a description of potential results or earnings.
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