Gigawatt is a global infrastructure for servicing green debt, particularly able to facilitate the origination & management of asset backed credit facilities for operational & profitable renewable energy sources.
Gigawatt will accelerate the clean energy transition by bridging attractive, carbon mitigating private credit opportunities to the DeFi market.
Power producers make a commitment to invest in the development of new renewable MegaWatts when receiving financing from Gigawatt Protocol. This means that pool depositors can profitably save thousands of tonnes CO2 annually whilst accelerating the clean energy transition. This is an important piece of the real world loan agreement, and aligns closely with the European Union’s take on green bonds and transition financing.
Our founding team has combined more than a decade of experience in web3 native product development and the renewable energy industry- having previously built & commissioned into commercial production a photovoltaic portfolio exceeding €200M with further large scale wind & green hydrogen constructions underway.
To date, Gigawatt has received $50k in grant funding from Prezenti.xyz and remains fully boostrapped.
Ultimately, the Gigawatt protocol will evolve into the world’s first decentralized energy commons. Experienced protocol actors will apply to governance to utilise protocol revenue (generated from performance & withdrawal fees) and diversified pool principal liquidity to engage in attractive asset M&A opportunities, meaning that the protocol will own & manage profitable renewable energy sources around the world.
The compound effect of acquiring 10s-100s of globally distributed renewable energy sources will enable Gigawatt to offer a market leading, dividend-esque yield to its token holders.
On a longer time horizon the industry expert Gigawatt community, represented by the founding team & token collective, might also opt to fund & manage their own renewable energy source construction projects which typically have an order of magnitude larger IRR than M&A ops alone. However, the protocol should first achieve escape velocity in terms of revenue generated by acquisitions in order to better manage the heightened risk of those efforts.