Interview with Sergey Ivanov, CEO of GEC GreenEnergyCoin

GreenEnergyCoin (GEC) is focused on producing electricity from renewable energy sources and leverages both cutting-edge financial and industrial technologies to manufacture and sell the products.
Sergey Ivanov is the project director of GEC GreenEnergyCoin, and will be telling us more about this project in this interview.

Please tell us your name and about yourself?

I do not like to talk about myself. Therefore, I will be brief.

My name is Sergey Ivanov. I’m an economist.

At the moment, I am the Director of the Stichting OFEK Hi-Tech Investment Foundation, Netherlands, and I am the Chief Executive Officer of the project «GEC GreenEnergyCoin». My professional activity is economy and finance. My experience in the international financial market is more than 30 years.

I am married. I have two adult sons. And I love my granddaughter very much.

What is GEC GreenEnergyCoin and what services do you offer?

GEC GreenEnergyCoin is a blockchain project focused on the energy sector of the global economy in the field of “Green Energy” – the production of electricity from renewable energy sources.

GEC GreenEnergyCoin is a product of the investment class blockchain. It is a derivative that uses both advanced financial and industrial technologies to produce and sell a product with high demand.

Such a product is electricity that is consumed and sold in the markets of countries that have a permanent deficit in the generated capacity and are dependent on its imports.

The ultimate goal of the project is to produce electricity from renewable sources of energy, in particular solar power plants.

Within the framework of the GEC GreenEnergyCoin project, initially, it is planned to build in Croatia three solar power plants with a total capacity of 150 MW / h.

The total electrical power will make up 359,635,002.26 kW/h per year.

The total project value is € 140,000,000.00.

Project implementation period: 5 years.

Payback period: 3 years.

Could you give us a structural map of the GEC GreenEnergyCoin ecosystem and the technology behind it?

Structural map and the ecosystem of the GEC GreenEnergyCoin are very simple, how all ingenious.

The heart and soul of the project is Stichting OFEK Hi-Tech Investment Foundation.

Stichting OFEK Hi-Tech Investment Foundation is the Issuer of the GEC token, and is the financial Provider of the project.

Stichting OFEK Hi-Tech Investment Foundation, will provide investments for the GEC GreenEnergoCoin project. Decentralized and direct investments in the GreenEnergyCoin project will be realized through the offers of the tokens GreenEnergyCoin, created on the basis of the Ethereum blockchain, which can be exchanged for other cryptocurrency or fiat currency.

Stichting OFEK Hi-Tech Investment Foundation will finance all activities related to the implementation of the project. And will also pursue a monetary policy regarding the token GreenEnergyCoin (hereinafter – GEC).

In The project will use the most advanced achievements and technologies in the field of “Green Energy”, which are used in solar power plants. This is about bifacial technology.  

Bifacial technology is designed from superior silicon for improved wafer technology and cell efficiency. The bifacial cell has both front and rear contacts which allow for the collection of light from both sides.

Bifacial solar cells produce energy from light that strikes both sides of the PV module. The result is increased power output at a lower cost. These n-type monocrystalline cells are designed from superior silicon for improved wafer technology and cell efficiency. The module is laminated in a transparent durable glass and Bifacial. The increased power from the backside of the panel can be up to 30% more than a standard module on fixed installations and an extra 20% with a tracker.

Using Bifacial technology, we want to guarantee the success of our customers and partners.

Bifacial technology it provides the opportunity to increase power output at lower cost and requires less surface area. Bifacial have the same inverter replacement costs and can produce up to +49.8% more energy with an optimized configuration resulting in additional energy, additional revenue and a possible 50+ year life span.

The solar panels are placed on a support structure made of Anodized Al. and which allows you to adjust the angle of inclination of solar panels to the horizon. Support structure, supplied by the manufacturer, complete with solar panels. Warranty: 30 years. Service life is 50+ years.

Bifacial modules are long lasting with a potential 50+ year life span, with 30 years warranty and thus have a lowered Leveled Cost of Energy (LCOE). This, along with increased kWh produced per Wp, reduces project cost and allows bifacial to compete directly with the grid.

Who is the GEC for GreenEnergyCoin, and who will benefit the most?

GEC GreenEnergyCoin – this is a unique, stable and innovative blockchain product.

GEC GreenEnergyCoin provides an opportunity, and allows you to pay for electricity through a blockchain. And also provides full transparency of transactions at each stage.  

GreenEnergyCoin (GEC) is a blockchain that unites investors who have decided to finance the construction of solar power plants to generate income from their use.

Decentralization should ensure the independence of the project and eliminate the negative factors affecting the process of trade relations between electricity producers and final consumers of electricity.

Decentralized and direct investments in the GreeneEnergoCoin project will be realized by buying / selling GreenEnergyCoin tokens or GEC tokens created on the basis of the Ethereum blockchain, and which can be exchanged for other cryptocurrencies or fiat money.

GreenEnergyCoin (GEC) is a blockchain projcet that unites investors who have decided to finance the construction of solar power plants to generate income from their use.

GEC GreenEnergyCoin offers the latest investment format that will allow investors to easily, securely and anonymously finance the construction of solar power plants around the world.

The project GEC GreenEnergyCoin provides for continuously increasing the total capacity of solar power plants. This will be achieved through the construction of new solar power plants; both in Croatia and in other countries.

Who will benefit the most? Everyone wins! Investors who receive a high stable income from investments in the project.  The final consumer of electricity who buys electricity at a lower price. States that increase their own electricity production and reduce the degree of dependence on its imports.

What is the market size of blockchain solutions for the energy sector and who are your major competitors?

The direction of blockchain technology in the energy sector of the world economy is developing very widely and dynamically. But basically all projects are aimed at creating based on the blockchain technology of new platforms for energy trading and which are aimed at decentralizing the wholesale energy market.

Of which there are such projects as: «Energy Web Platforms» with the participation of companies – Engie, Shell, Innogy; Dutch-German project «TenneT» with the participation of the company Sonnen; «Platform Enerhain» with the participation of companies: Enel and Engie.

But the problem is that the use of block technologies for the production of energy resources is very small. And for the production of “green energy”, their are even less.

If we are talking about competitors, then we do not have them. Not because there are none, but because there are so few of them that we don’t interfere with each other’s development of our projects in the field of «Green Energy».

In Croatia, the development of “green energy” is supported at the state and legislative levels. And Croatia has already achieved impressive results, the growth in energy production from renewable energy sources in 2017 was 5%.  Croatia has become one of the leaders of the European countries in the production of energy resources from renewable energy sources. But this figure is mainly based on the construction of hydroelectric power plants. Wind power and solar power are still not enough. Therefore, there is no need to worry about competition.

Could you tell us about the GEC token sale?

The token GreenEnergyCoin (hereinafter – GEC) was issued for attract investments for implementation the project – GEC GreenEnergyCoin.

Token GreenEnergyCoin (hereinafter – GEC) was issued on the platform Ethereum and fully complies with the standard ERC20.

Issuer of the token GreenEnergyCoin (GEC) – Stichting OFEK Hi-Tech Investment Foundation, Netherlands.

Decentralized and direct investments in the GreenEnergyCoin project will be realized through the sale of GreenEnergyCoin tokens (hereinafter – GEC), issued on the basis of Ethereum Blockchain, and which will be easily exchanged for existing crypto-exchanges or in cash. The token GreenEnergyCoin (hereinafter – GEC) is provided by the produced electricity.

GEC token makes it possible for every person to become a holder of an electricity token.

The cost of one (1) GEC token is equal to the cost of one (1) kW / h of electricity in accordance with the “Green Tariff”; 1GEC = 1KWt / h = € 0.10.

By the end of the public sales, ICO, GEC token will be listed on the international cryptocurrency stock exchange and will be available for a buy/sell transaction and exchange for fiat money.

By the end of the public sale – ICO and the completion of construction and commissioning of 3 solar power plants in Croatia, the Issuer will continue to ensure GEC token financial stability on the market.

In the course of project implementation and completion, the Issuer will conduct a monitoring policy with respect to the GEC token.

If necessary, the Issuer will use all available and legal methods and means to stabilize the GEC token rate on the market.

In the course of the PreICO, in the period from October 15, 2018 to December 15, 2018, investors can buy a GEC tokens with a 50% discount. The price of 1GEC = € 0.05.

Accepted currencies: EURO, USD, GBP, ETH, BTC.

There are no maximum nor minimum restrictions on purchasing GEC token.

Do you have any strategic partners you will like to share with us, or any available partnership opportunities?

Yes of course.

The strategic partners of the project GEC GreenEnergyCoin are several international Company’s:

  • Stichting OFEK Hi-Tech Investment Foundation

11 C10, Stadionstraat, Breda 4815NC, Netherlands.  

  • NIC PARTNERS Ltd.

London, England, UK, EC2Y 9HT World Trade Centre city point, 1 Ropemarker street.  

  • OFEK CONSALTING D.O.O.

Suncana obala 152, Zelenika, Herceg Novi, 85346, Montenegro​.

  • P.A.P. Building Co. Ltd.

10 Vitkin street, 3475616, Haifa, Israel.

  • Canadian Solar Inc.

West, 545 Speedvale Avenue West Guelph Ontario N1K 1F6, Canada.

  • GE Capital Inc.

24 Ardmore Rd, Stamford, CT 06902, USA.

  • Bluesun Solar Energy Tech. Co.,ltd

Wenshui Road New Industrial Park, Shushan District, Hefei, China.

  • ICO&PR Marketing Group Inc.

Kingstown Park Road, P. O. Box 1818, Kingstown, St. Vincent and the Grenadines.

What is the current stage of your project development and what is next on your roadmap?

The main event of the “Road Map” in October 2018 is start presale – PreICO of GreenEnergyCoin (hereinafter – GEC) tokens.

I want to remind that presale – PreICO will take place in the period from October 15, 2018 to December 15, 2018.

Quantity of tokens (GEC):  320,000,000.00

Discount – 50%

Price of 1GEC = € 0.05.

Accepted currencies: EURO, USD, GBP, ETH, BTC.

There are no maximum nor minimum restrictions on purchasing GEC token.

There are also other less significant, but no less important events of October 2018:

  • Preparation of documents for registration of Green Energy Holding in Croatia, within the framework of the GEC GreenEnergyCoin project.
  • Start of development of design and design estimates for the construction of a solar power

plant (SPP ): “South Adriatic-I”, 15 MW / h and grid solar power plant (SPP ): “North AdriaticI”,

35 MW / h.

  • Selection and purchase of a land for the construction of the South Adriatic I SPP, 15 MW / h.

I want to note, at present, the implementation of the project GEC GreenEnergyCoin is moving steadily, according to the schedule of the «Road map».

Tell us about the GEC GreenEnergyCoin team of experts and customer support?

The project team consists of: specialists in the field of innovative technologies, engineers and technologists, managers, economists who have experience in the energetic sector of economy and finance.

Each member of the project team is a professional expert in his field, and has many years of experience in fields: innovative technologies, engineers and technologists, managers, economists who have experience in the energetic sector of economy and finance.

The youngest member of the team, Mr. Yaroslav Pasichnichenko from the USA compensates for his lack of years of experience, thanks to his talent for making decisions and creative approach to solving problems in the field of marketing.

All members team of the project, unanimously trusted to him the position of Chief Marketing Officer of the project GEC GreenEnergyCoin.

About the program of customer support, you can read on the project website: https://www.greenofekcoin.com/  in the section: Bounty Program.

How Safe is GEC GreenEnergyCoin, would you like to discuss your compliance and security measures?

This is a very important question. And the project team, very seriously was concerned with the security concerns of the project GEC GreenEnergyCoin .

  1. This is computer security, the safety of individual information about our partners, investors and     our customers.

       2) Storage of information databases and financial resources in cryptocurrency.

Today it is not a secret to anyone that hackers are aimed at all major blockchain projects, especially new projects. And no matter how complex and expensive protection systems, hackers still win and there are many examples of this. And we all hear about it, almost every day.

The project’s specialists in the field of IT technologies have done everything necessary to close all “access doors” for hackers to basic computers of the project GEC GreenEnergyCoin.

3)  Security for investors. We understand this problem as follows: The investor has invested his money in the CC project. And the Investor must be sure that after a while he will not only return his money, but also receive a high income. To ensure the safety of the Investor, the team of the project  GEC GreenEnergyCoin and the Issuer of the GEC token will carry out:

  • GreenEnergyCoin token (abbreviated – GEC token) will be backed by the produced electricity.

The cost of one (1) GEC token is equal to the cost of one (1) kWh of electricity in accordance with the “Green Tariff”: 1GEC = 1KWt / h = € 0,10

  • GEC token owners can purchase electricity from the manufacturer at a wholesale price.

Owners of GEC tokens can buy electricity, both for their own needs and for resale.

  • By the end of the public sales, ICO, GEC token will be listed on the international cryptocurrency stock exchange and will be available for a buy/sell transaction and exchange for fiat money.
  • By the end of the public sale – ICO and the completion of construction and commissioning of 3 solar power plants in Croatia, the Issuer will continue to ensure GEC token financial stability on the market.
  • In the course of project implementation and completion, the Issuer will conduct a monetary policy with respect to the GEC token.
  • If necessary, the Issuer will use all available and legal methods and means to stabilize the GEC token rate on the market.

For more information, visit https://www.greenofekcoin.com/

Angela Scott-Briggs: Editor TechBullion.com | Interested in Innovations in Business, Finance, and Technology .
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