FOR IMMEDIATE RELEASE: September 6th, 2022
Ms. Sheila Robinson [email protected]
+44 1312 082786 Altdaq Limited trading as Altdaq.com
Mr. Nigel Ellis [email protected]
Dunelm Energy Limited
Alternative Energy Exchange Opens for Membership
Altdaq.com aims to bridge the £20 trillion renewable energy funding gap
Edinburgh, Scotland: Altdaq.com today announced the launch of its membership programme to crowdsource and develop the first of its kind digital asset exchange committed to bridging the funding gaps in the £20 trillion (USD 22.5 trillion) in total investment needed by 2050 to achieve net-zero goals according to the International Renewable Energy Association (IREA).
Altdaq.com offers a new way for alternative energy projects and technologies to access global capital markets while enabling both institutional and individual investors to earn monthly income and fight climate change at the same time.
According to IREA the world needs to more than double the share of global energy supplied by renewables. By 2030, 57 per cent of total power should be renewable, requiring a doubling of annual investment in renewables from around USD 300 billion per year to over USD 700 billion per year to achieve this.
“We've seen a great deal of innovation in sustainable energy technologies and business models over recent years. It's great to now see innovative financing to bridge the shortfall in the renewable energy sector in Scotland and across the UK,” says Nigel Ellis, Consultant at Dunelm Energy. “We are proud to be part of Altdaq’s journey since 2021 and help democratise investment in the sector."
Co-founded by fintech entrepreneur Suhail Ahmad and community builder Aisha Elahi, Altdaq.com will be a decentralized autonomous organization (DAO) driven by its members who will be able to participate in the development, governance and revenues generated by the exchange.
“When Suhail approached me with the idea of Altdaq, an alternative energy equivalent of the Nasdaq stock exchange, it was interesting. But when we reinvented the business model and became like a cooperative on the blockchain rather than a typical corporation, Altdaq became revolutionary. An organisation with a purpose that anyone from anywhere can be a part to create a better future for their families and the planet.” says Aisha Elahi, co-founder at Altdaq.com
“Following on from COP 26 held in Scotland last year, it’s important for the U.K. to continue driving leadership in alternative energy solutions. Altdaq's plans for a center of excellence in Edinburgh will help us address the climate challenges the world is facing from scorching summers in England to devastating flooding in Pakistan.” says Sheila Robinson, Head of UK Market at Altdaq.com
Membership is now open for individuals, corporates, and financial institutions to join Altdaq.com and build the future of alternative energy financing and investment. With the launch of the digital exchange planned for the first half of 2023, Altdaq.com is also sourcing renewable energy projects in the United Kingdom and Europe to address the energy crisis facing the region.
For more information on listing your project and becoming a member, visit https://www.altdaq.com
About Altdaq.com:
Altdaq.com is a trading name of Altdaq Limited developing first of its kind decentralized member owned digital asset exchange dedicated to bridging the £20 trillion in renewable energy funding needed to achieve net-zero as outlined by COP26 and the Paris Climate and Sustainable Development Goals. Altdaq.com members comprise of global community of responsible entrepreneurs, investors, corporates, financial institutions, and public sector organisations. Learn more at https://www.altdaq.com
About Dunelm Energy:
Dunelm Energy provides investment, industry knowledge and a unique network of industry contacts to assist clients achieve their ambitions in the renewable energy sector. Learn more at https://www.dunelmenergy.co.uk