Frequently Asked Questions

General questions

Azimuth Energy funds the installation of solar microgrids in difficult to access markets by turning solar energy into an investible asset.

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Azimuth Energy finances the labour and equipment for solar systems (up to almost any size). We then collect payments from consumers and distribute them to investors monthly when electricity bills are paid.

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We will finance your solar installation. Most importantly you'll also save on your monthly electricity bill.

Got your own question?

We’d love to hear from you. Please use the ‘contact us’ below and leave your name and email and we will be sure to get back to you.

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For solar installers

We will fund a solar installation of 8kw and above anywhere in Australia. You find the customers, we pay the rest, including your margins. We therefore can help your business grow by solving one of the most pressing issues facing your customers which is the money and let you focus on closing deals and completing installations to a high standard.

Got your own question?

First we want to know a bit about you. We screen our installers to keep the bad eggs out and ensure only top quality accrediated installers are connected with the Azimuth platform. You can contact us by clicking ‘Contact Us’ below and leave your name and email and we will get back to you.

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For investors

With Azimuth, you buy the output of 1kw of solar cells and are entitled to the revenue generated by that 1kw of cells, often at a very compelling IRR of 20%+. Unlike traditional solar investments that are illiquid, meaning once you buy you cannot exit that investment often for years or only after you’ve made your money back, with Azimuth you may sell your Killowatts to anyone on the Azimuth platform at any time. Azimuth therefore provides investors a liquid market to directly invest in real solar projects that are live today simply within 2 minutes.

Got your own question?

No. The Azimuth KWC token is an internal token native only to the Azimuth platform and is not built ontop of a blockchain. The reasons for this are as follows:

a) Having a blockchain token that is transportable anywhere e.g. ERC20 would not be fit for our purposes given we need to make payable to all tokenholders the monthly distributions and calculate how long each tokenholder has held the Azimuth KWC and therefore how much we make payable to them. If we had an ERC20 or bitshares its possible the token would find its way to other exchanges and become tradeable however it would not be possible for us to do these calculations on another exchange as we are not privy to the database of that exchange- in short we wouldn't know how long someone has held it unless its in our system.

b) In the case of a whether storm or event that causes the KWC to be damaged or destroyed we would need the ability to destroy these tokens which is often troublesome with public smart contracts or public tokens.

Got your own question?

Proof of every Killowatt in our system is timestamped with relevant serial numbers of the solar cells and the image proof uploaded to the Blockchain. This way you can make sure we are honest in the amount of KWC we sell to the market ensuring we are only selling what is currently in operation.

Got your own question?

A digital token of your ownership of 1 killowatt of capacity in Azimuth’s retail solar system. This token is tied to your account and is tradeable on the Azimuth exchange. We also measure the time you hold the Azimuth token in order to determine how much you should be paid monthly for the productivity of your killowatt of solar cells.

Got your own question?

No. It is a killowatt of capacity, an Azimuth metric which corresponds to 1 killowatt of physical installed panels in one of Azimuth's retail solar systems.

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Digitally via the Azimuth website, you may check incoming payments on your dashboard.

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Azimuth does not guarantee or provide financial advise on any expected ROI however we do report the current approximate ROI based on market data at the current point in time.

ROI is determined by:

A= Purchase total (AUD)
B= KWC Price (AUD)
C= Days you have held token (days)
D= Payout total (AUD) per day (days)

There may be additional metrics to evaluate for example if you purchase KWC in BTC or other cryptocurrency you will need to account for changes in that if that is your reference currency.

=A/(((A/B)*C)*D)

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Got your own question?

Cryptocurrencies are far easier to deal with than legacy banking and we can also show proof of reserves on the blockchain so you know we are alway holding a 100% reserve.

Got your own question?

We put onto the blockchain every solar panel’s serial number we install including installation pictures. This way you can prove the amount of solar panels deployed at any one time and once that information is in the blockchain we cannot change it without everyone noticing.

We can only sell the amount of KWC that we have deployed in real killowatts already and this proof is available at the Transparency page

Got your own question?

We publish our hot and cold wallets for viewing on the Blockchain here. This way you can see the sum total of all balances held on Bitspark. We also provide a merkle tree proof from our database you can cross check, how the merkle proof works can be seen here. We also demonstrate our amount of outstanding KWC via merkle tree proofs.

Got your own question?

Australian dollars.

Got your own question?

Trading cryptocurrencies over the internet always brings with it inherent risks, also the underlying pricing mechanisms carry their own counterparty risk not limited to: Azimuth platform and company, the Australian Dollar, the solar installations, the weather and more. Only trade on Azimuth if you understand the risks involved.

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