nitiated by the founders of the award-winning development team of Gigawatt Global, Gigawatt Impact is our non-profit strategy to scale renewable energy in Least Developed Countries (LDCs) and vulnerable rural communities across the world. Gigawatt Impact leverages venture philanthropy to develop utility-scale, community-based green renewable energy projects, increasing these communities’ financial and environmental independence and combatting racial and economic injustice.
Using the most innovative, ethical and proven toolkit in the industry, our veteran team applies skills perfected by Gigawatt Global and deploys them in this new non-profit model to bring clean energy opportunities where they are needed most. Our goal is to foster economic and social development, fight climate injustice, expand weak grids, create climate resilience in vulnerable communities, and eliminate the use of diesel generation.
Gigawatt Impact promotes large and small renewable energy projects by consulting, contracting, grant-giving, and supervising development with our team of experts, in collaboration with local communities and leaders. Our team has over ten years of experience, with a track record and pipeline of projects across three continents.
Working with local communities to develop the initial stages of green energy projects that can transform lives, while empowering local leaders to take ownership of these initiatives, in order to bring projects to be shovel-ready.
The Abundance Initiative, tailored to agricultural communities, aims to triple farmer incomes by providing a community-based, solar-powered agro-processing zone to zero out agricultural waste with milling, storage, refrigeration, drying, canning, roasting, and more.
Creating green energy projects with universities all over the world to power these institutions with clean energy, while providing electricity to surrounding communities as well. We envision our solar plants as living laboratories for training thousands of engineering students for jobs in emerging green markets, while introducing new technologies, like agro-voltaics. Our first initiative is in partnership with the Thurgood Marshall College Fund, in 19 Historically Black Colleges and Universities across the United States, followed by African universities.
The most vulnerable people in the world generally live in places of conflict and insecurity, and are burdened with racial, economic, and environmental injustices. The Gigawatt Impact team, led by a CEO who has been nominated by 12 African countries for the Nobel Peace Prize, is uniquely qualified to deploy in places and ways that promote stability, advance peace, and foster economic and social justice through energy access. We have a strong track record in some of the most volatile countries in Africa and the Middle East, including countries with potential for joining an expanded Abraham Accords.
Leveraging the Village+ model, off-grid technologies can transform the dignity and livelihood of the world’s poorest women, with a comprehensive package that includes home biogas, parabolic heaters, and vacuum tubes for cooking, low pressure drip irrigation, and micro Agro-voltaics for efficient farming and more. These technologies offer women in marginalized communities opportunities for stable income, allowing them to support themselves and their families in the face of worsening environmental conditions.
8.5 MW grid-connected solar field at the Agahozo Shalom Youth Village. Received $715,000 in grants, which unlocked $23 million in project finance for the SPV.
8.6 MW grid-connected solar field at Mubuga Village. Received $300,000 in grants, which unlocked $16 million in project finance for the SPV.
In the center of Bujumbura and Gitega, Burundi, these solar-powered light islands extend local working hours and enhance personal safety, especially of women.
Two hospitals are now powered by clean energy, lessening the dependence on diesel and ensuring power during black-outs.
Projects in the pipeline include doubling the size of the solar plant in Burundi and the construction of solar fields in South Sudan, Comoros, Kenya, Uganda, Mozambique, Zambia, Djibouti, Somalia and elsewhere, as well as last mile generation, solar/wind hybrid projects, solar-powered agro-processing facilities, desalination, and more.
There is no doubt about the importance of green energy for the people and advancement of the LDCs, as outlined above. With that in mind, Gigawatt Global set about to meet this critical need back in 2011, bringing our team’s expertise from building 12 fields in Israel to sub-Saharan Africa. Even with our success in building the region’s first solar fields, in Rwanda and Burundi, and the projects currently under development, more than a decade later very few climate investments and developers have made the kind of strides necessary to allow the region to blossom. And those who have succeeded, like Gigawatt Global, are dis-incentivized to do other projects since the development process is long and arduous, grant facilities usually only pay third-party costs, profit margins are dwindling or unstable, and corruption further slows down an already challenging process. Venture philanthropy is the best way to jump-start the pre-development stage and de-risk the project investment cycle, bringing projects to sufficient maturity when financing is ready to be deployed. Hence the creation of Gigawatt Impact.
For more information: Aryeh Green – aryeh@gigawattglobal.com
EIN number: 99-2763022