In this podcast, Connor and Sal spoke with David Vorick, co-founder of Glow, about the company's innovative model for funding new solar infrastructure using donations to build solar farms that generate revenue for further projects. Focused on large-scale solar installations in cost-effective regions like India, Glow emphasizes the additionality of carbon credits, ensuring contributions actively reduce emissions. David also highlighted Glow’s robust audit system for carbon credits and discussed its growth trajectory, hinting at future government interest in Glow’s decentralized, sustainable energy approach.
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Timestamps:
00:00 - Introduction to Glow and Its Mission
00:30 - Explaining Glow to the Unfamiliar
02:11 - Focus on Large-Scale Solar Farms
03:51 - The Shift from Residential to Industrial Solar
04:41 - Cost Efficiency and Competitive Advantage
05:45 - New Solar vs. Existing Solar
06:27 - The Importance of Additionality in Carbon Credits
08:30 - Carbon Credits as a Revenue Model
10:42 - Why Solar is a Good Fit for Crypto
12:18 - Low Operational Costs of Solar Farms
13:23 - DePIN Verification and Audit Process
20:18 - Scaling the Supply Side and Incentives
24:14 - Demand Side and Revenue Insights
26:30 - Revenue Accrual to Token Holders
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.
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