Author

Topic: Bitcoin Funded Solar Power Plant (Read 415 times)

newbie
Activity: 24
Merit: 0
April 24, 2013, 02:48:41 PM
#1
I am a solar developer.  

I have been educated on the bitcoins and its future by our Chief Physicist.

I want to complete a 121 kW solar farm and build another (136 kW) through bitcoin investment.

The systems are located in Silicon Valley and have a revenue contract with two of the cities.

What I do know is?
  *  There is interest in the bitcoin community to support renewable energy.
  *  This pilot can help grow awareness of bitcoin investment power.
  *  I can use equipment trust certificates in exchange for bitcoin investments.
  *  I can deliver monthly or quarterly payments of 8% APR or so.
  *  I can make the financial instrument a 10 year note and callable in 5.
     > this will provide a hedge against bitcoin market fluctuations and two exit points, as well as the ability to trade the instruments.
  *  I can secure the principal of the investment fairly easily.
    >  Revenue from the project pays the interest and capitalizes the principal within the five year time frame.

What I do not know is this?
  *  Is there enough interest in the bitcoin community for a project of this nature?
  *  How do I make those that would be interested aware of the project?
  *  Whether I should make the certificates associated with the venture based on USD or bitcoins?
  *  Are ETC's the correct instrument or is there another that is more comfortable?

All responses are desired.
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