The WattUp project is a co-ownership program that allows you to become a part-owner of solar panels located in sunny regions of the US or southern Europe. You can take advantage of the benefits of solar power without having to install or maintain solar panels yourself.
- How does the WattUp project work?
The WattUp project involves producing green hydrogen using solar panels and electrolysis. As a co-owner of solar panels, you receive a share of the profits from the sale of the green hydrogen.
- How much do I need to invest to join WattUp?
To become a part-owner of solar panels, there is a minimum investment of $100 required. The exact amount may vary depending on the current capacity of the solar panels and the cost of the equipment.
- How is the profit from hydrogen sales distributed among co-owners?
The profit from hydrogen sales is distributed among co-owners based on their ownership percentage. If you own 10% of the solar panels, you will receive 10% of the profits from hydrogen sales.
- How can I track my investment and profits?
You will have access to a personal account on our website, where you can track your investment and profits in real-time.
- What happens if I want to sell my ownership or request a buyback?
If you want to sell your ownership or request a buyback, WattUp will buy it back from you within 21 business days at the current market value.
- Is green hydrogen safe to use?
Yes, green hydrogen is a safe and clean fuel source that can be used for a variety of applications, including heating and transportation.
- How is green hydrogen different from traditional hydrogen?
Green hydrogen is produced using renewable energy sources, such as solar power, while traditional hydrogen is typically produced using non-renewable sources, such as natural gas.
- How can I get started with WattUp?
To get started with WattUp, register on our website and buy power in your account. If there is no free capacity, we will accept the application and let you know when it will be available for purchase. One of our representatives will contact you to discuss your options and answer any questions you may have.
