metadata: {"type": "project", "title": "DexGrid Community Microgrids", "logoImg": "bafkreicdcxvkdoq6vdwgwhnkhuvwop3d7qn5jpg5e6ll2ryqrstyslwlxe", "website": "https://www.dexgrid.io", "bannerImg": "bafybeifruy7gxxrve2pxxdw7wbapjfmsqea5oiqtsbkhxollhqw5piypsa", "createdAt": 1681433408674, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..ZOpzu8HEtd1j9d7ltSAAM9IqDXwhBadf5FVmPXxnYHKzokTTbF490uf25Y9NuWSCsggyKzGeSgPABeQdVh1HCA", "type": "Ed25519Signature2018", "created": "2023-04-14T00:44:55.742Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-14T00:44:55.742Z", "expirationDate": "2023-07-13T00:44:55.742Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x7aA2daB71ADeF6e9172F836904fcD562E56da3b5", "hash": "v0.0.0:SbszhbOQa2ZaBHI/bsOmTq2XnfAoOETEdWMAYMS/FeQ=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#dex_grid"}}}, "description": "DexGrid is a digital microgrids incubator and marketplace enabling Community Microgrids. \n\nCurrently, focused on the Puerto Rican market, its Community Microgrids program allows potential local sellers and buyers of renewable energy, along with developers, financiers and installation companies (EPCs) to \u201cteam up\u201d in identifying, funding and building the most compelling projects. \n\nBecause of its unique business model, DexGrid delivers on the following key benefits maximizing the community solar model:\n\n1.\tIt lowers the barriers to access clean, renewable, and resilient energy to households in the mid to lower income levels, at a scale of 10X over the Rooftop solar model.\n\nThere are currently over 1.3 million households in Puerto Rico, for which, 70% don\u2019t qualify for rooftop solar financing because of their income levels and lack of credit profile.  In a microgrid incubated and developed within the DexGrid platform, users are onboarded into the microgrid primarily because of their physical proximity to the energy generation source rather than their creditworthiness and are much more likely to remain current on their payments because of economic incentives and convenience \u2013 making projects much more bankable to sources of financing.\n\n2.\tIncubated projects average up to 30% savings on monthly electricity bills to its microgrid members.  \n\nEconomy of scale reduces the unit cost of renewables purchase, installation and maintenance. The Community Microgrid model assumes a large, centrally located solar generation system serving the needs of nearby businesses and households. Tokenized Energy Credits incentives create additional savings to users.  \n  \n3.\tEach Community Microgrid has its own batteries storage system and dedicated distribution system separate from the unstable electrical grid leading to increased resilience to its members.  Much of the electrical down time in the island is currently owed to poorly maintained electrical distribution systems.\n\n4.\tEach microgrid developed within the Community Microgrid platform leads to increased community ownership.  Each generation, storage and distribution system is anchored by a local business sponsors, leveraging their creditworthiness, access to land and properties, and experienced with project management skills. These sponsors sell their electricity to nearby households, decentralized away from the utility and its multiple points of failure.\n\n5.\tDexGrid\u2019s own software development team is composed of locally trained talent, residing in Puerto Rico.  All the installation, operations and maintenance of the systems are to be performed by local, operating, qualified professionals.\n", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "DexGridPR", "projectTwitter": "dex_grid"}
name: DexGrid Community Microgrids