Norwegian Block Exchange (NBX), Hagal and Suniqon have established SunSpearX, an innovative solution that enables access to profitable solar energy and battery projects for private households who want to offset their own electricity consumption, as well as private and professional investors. For private households, owning a solar panel in a larger installation is a more flexible, less expensive and more efficient solution than a complex project for home installation. With SunSpearX, the household can easily increase or decrease the number of panels to a level that balances consumption for the home.

SunSpearX utilizes blockchain technology on solar panel systems and battery storage systems, optimizing the operations and electricity offtake. This model is lowering the threshold for private/non-professional investors to access solar energy infrastructure investments and generate return from renewable energy generation. Through the SunSpearX's platform, users can participate in sustainable energy projects and contribute to the expansion of solar and battery energy installations.

This enables electricity consumers to reduce their environmental footprint, while at the same time providing attractive investment opportunities in the renewable energy sector. The platform will not only be a marketplace for existing solar energy projects but will also function as a funding platform for landowners seeking to build new projects or refinance existing projects. SunSpearX addresses traditional energy financing challenges by establishing a simplified, decentralized platform that encourages involvement from private investors in renewable energy projects.

Leveraging blockchain technology ensures secure transactions. SunSpearX stands out as an offer where sustainable clean energy production is made economically achievable for everyone. SunSpearX is set to democratize energy production and consumption.