SunMoney Solar Group, which celebrates its 10th anniversary this year, runs the largest community solar power program in the world and has its own asset-backed clean energy token, the SDBN2; it has unveiled its highly anticipated revolutionary tire-recycling technology. The new technology offers a zero-emission, chemical-free process that is energy efficient, using only a tenth of the energy compared to traditional methods. Fully mobile and deployable anywhere due to its containerized design, the system can run on renewable energy. It requires minimal human labour for loading and unloading, while achieving a recycling efficiency of over 80%.
SunMoney Solar Group has developed an emission-free way that provides the pure raw material necessary for this process of generating energy from tires through pyrolysis, an existing technology, thus offering an alternative fuel source that is as efficient as petroleum and 20% more efficient than coal-derived fuel. This breakthrough offers a sustainable, economically viable approach to managing tire waste and reducing the environmental footprint. With nearly two billion tires discarded worldwide each year and only 15% of them being recycled, the majority end up in toxic landfills emitting harmful chemicals into the atmosphere.
SunMoney Solar is all set to make waves in the industry with the launch of a groundbreaking breakthrough in tire recycling technology at the recently concluded MENA EV Show. The company’s representative and keynote speaker, Zoltan Rendes, Chief Marketing Officer, and Partner at SunMoney Solar Group, introduced the innovative solution that addresses the global problem of growing tire waste. The process of their technologically advanced solution involves breaking down used tires into their original three components: high-quality 100% pure hydrophile rubber granules or chips, high-quality steel wire, and textiles. These materials can be used to create new rubber products, serve as feedstock for pyrolysis, or produce new steel products.
“Our solution can process between three to five tons of tires per day per unit,” explained Zoltan Rendes, Chief Marketing Officer, and Partner at SunMoney Solar Group. “We can recycle any type of vehicle tire — from cars and buses to aeroplanes and military vehicles. Imagine extracting 100% pure hydrophile rubber granules, high-quality steel wire, and textile from your discarded tires. These materials can then be utilized in various industries, including pyrolysis — an environmentally friendly process of converting waste to energy,” he added.
SunMoney Solar Group’s commitment to creating a more sustainable future is evident in this latest innovation. The company aims to revolutionize global waste management practices, along with generating solar power and introducing avenues for green investments, making a significant impact and setting a new standard for environmental responsibility.
Following the MENA EV Show, Zoltan continued to champion SunMoney Solar Group’s commitment to sustainable solutions and cleaner energy sources at the recently organized ADIPEC Adnoc event where he spoke in detail about current issues and further demonstrated the company’s dedication to revolutionizing the renewable energy sector. SunMoney Solar Group also exhibited at the Blockchain Economy Dubai Summit as one of the key participants, discussing the intersection of renewable energy technology and blockchain, and how the two can work together to create a more sustainable future. Especially since SunMoney Solar Group is on the cusp of launching its third asset-backed cryptocurrency token, the SDBN3.
About SunMoney Solar Group:
SunMoney Solar Group was established in the year 2013. SunMoney Solar Group is a group of international companies building, operating and acquiring solar power plants in Central Eastern Europe (CEE). SunMoney is headquartered in Dubai, UAE, has offices in Germany, Hungary and Singapore and partner offices in Asia and the Americas.
The group is running a global community solar power program with already 50 thousand clients from 60 countries. The community solar power program is bringing the solar investment opportunity for small private investors since 2013. The group also coordinated the construction of solar power plants for third parties and has expertise in trading too.
SunMoney launched a new investment opportunity, Project Summits in 2019, selling preference shares in solar power plants for private investors. The success of this project showed the group that there is a bigger opportunity which can involve mid and large investors. In 2022, SunMoney launched its own tokenization solutions with asset-backed cryptocurrency tokens. The future-conscious group currently has two tokens, namely, the SDBN1 and the SDBN2, with plans to venture into bringing more such investment opportunities to private investors in the future.