Incentivizing Net New Solar with David Vorick of Glow

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.