LEARN ABOUT
THE PROJECT
El Salvador’s rapid progress towards economic freedom and self-reliance in energy is gaining momentum as we harness our abundant and sustainable natural resources to create Volcano Energy.
Our primary goal is to position El Salvador as a prominent global player in the Bitcoin mining industry, while simultaneously promoting energy competitiveness, diversification, and geographic distribution of the Bitcoin network as part of our unwavering commitment to establishing a global Bitcoin standard.
With a focus on a debt-free approach, we are constructing a pathway to our geothermal future within the volcanic region, integrating solar and wind projects. Phase one of this transformative journey will begin with the development of a 241 MW solar and wind power generation park.
Phase one will include the development of one of the world’s largest zero-carbon Bitcoin mining farms.
The total commitment for the project is $1 billion, with a first investment of $250 million already deployed to fund phase one. The investment is led by key Bitcoin industry leaders, with collaboration from top developers and manufacturers of renewable energy technology, as well as Bitcoin mining experts on a global scale and the Government of El Salvador.
Together, through Volcano Energy, we are blazing a trail toward a prosperous future, marked by sustainable energy, technological innovation, and global leadership in the Bitcoin mining industry.
El Salvador’s volcanoes will shape our landscape and power our nation’s transformation, driving economic growth and prosperity for generations to come.
OUR
JOURNEY
OUR
JOURNEY
Step 1: Initial Assessment and Financial Planning
Over several months, we conducted a detailed project feasibility study. Various fiscal and operational approaches are modeled to assess project viability, informing strategies for energy mix, capital, and resource allocation.
Step 2: Capital Acquisition and Investor Relations
Securing the required funding to turn the project into reality. We prepare and present the business model to potential investors, aiming to build a strong investor network to support project execution.
Step 3: Brand Establishment and Company Formation
Once capital is secured, we establish the ‘Volcano Energy’ brand, symbolizing our commitment and vision for the Bitcoin mining industry.
Step 4: Site Selection and Preliminary Assessment
Scouting Phase 1 solar and wind project sites, considering factors like solar irradiation, land acquisition, environmental impact, and grid interconnection for solar sites. For wind projects, we focus on wind conditions, accessibility, environmental considerations, and land availability.
Step 5: Solar/Wind Park Design and Layout
After site selection, we plan the layout to maximize energy efficiency while considering available resources and capital.
Step 6: Regulatory Compliance and Permit Acquisition
Preparing and presenting project plans to local authorities for necessary permits, ensuring alignment with local regulations.
Step 7: Construction and Installation
With permits and equipment, construction begins, turning plans into reality.
Step 8: Grid Integration and Reliability
Integrating with the local grid to ensure reliable energy supply, especially during low-production periods.
Step 9: Mining Equipment Integration
Stabilizing energy production, we bring online efficient Bitcoin mining equipment.
Step 10: Sustainable Bitcoin Mining
Realizing the core project vision: decentralizing the Bitcoin hash rate, enhancing network stability, and prioritizing sustainability and green energy. Volcano Energy reshapes the energy landscape, championing a sustainable future for Bitcoin mining.