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About Glow
Glow is a blockchain-based proof-of-physical-work protocol that incentivizes solar power generation to produce verifiable carbon credits. Its core business involves solar farms connecting to the protocol, with IoT meters monitoring electricity output in real time. Data is recorded on-chain, automatically minting GCC (1 GCC = 1 metric ton of CO2 offset), while farms earn GLOW token rewards. GLOW also serves governance and staking purposes.
The key competitive advantage lies in "proof of physical work"—binding on-chain records to real physical generation, using decentralized certification agents (GCAs) and a veto council to prevent fraudulent reporting. Its "recursive subsidy" mechanism reinvests carbon credit sales revenue into new solar projects, creating a self-reinforcing growth flywheel.
Market pain points include high certification costs, long cycles, low transparency, and double counting in traditional carbon markets. Glow reduces trust costs through automation, on-chain transparency, and real-time monitoring, making carbon credits more liquid.
In the past six months (March to September 2026), Glow continued its international expansion, particularly in Japan, facing compatibility challenges with local J-Credit schemes and FIT policies. According to public information, Glow's carbon credits have not yet obtained international certifications like Verra, limiting their use in corporate ESG contexts. Additionally, its App 2.0 was released, integrating generation management and carbon credit tracking, though specific update details remain undisclosed. Overall, Glow remains active in technical iteration and compliance exploration, but faces regulatory uncertainty and a lack of recognized certification standards.
Glow is a DePIN protocol that combines solar power generation with on-chain carbon credits, centered on "Proof of Physical Work." Key milestones include: in October 2024, it completed a $30 million financing round led by Framework Ventures and Union Square Ventures, with $6.5 million for company growth and $23.5 million for solar construction, supporting its expansion target from 5 MW to 600 MW and entry into new markets. According to its official website, Glow has deployed over $50 million across three continents. Early on, it built its first solar installation in Vero Beach, Florida, validating the on-chain audit and carbon credit generation process. It then funded its first large community solar farm via the Launchpad, involving over 90 participants and 1,000 panels. In 2026, the Orion Frontier project in Lebanon was fully funded, becoming the country's first community-built Glow solar farm and marking the protocol's expansion into the Middle East. Together, these milestones illustrate Glow's journey from concept validation to attracting institutional capital and replicating across borders.
Co-founder: David Vorick (Founder & CEO). Co-founded Sia ($3B market cap) and Obelisk ($30M ASIC hardware).
Current core executives:
- Simon Boccara: CTO
- Julie Rhodes: Head of Operations; ex-COO/Interim CEO of NEAR Protocol ($12B market cap), ex-Meta
- Kevin Copeland: VP Strategic Partners; ex-SVP at Lumio Solar ($850M revenue)
- Chris Denaro: COO; three-time entrepreneur, closed $50M+ sales
- Fatima Khaziyeva: Audit Architecture & Compliance Lead; CPA, helped build Canada's first crypto audit standards
- Vik Kalghatgi: Chief Scientist; ex-research lead at Protocol Labs
- Glenn Kennedy: Director of Glow Foundation; offshore governance & regulatory law expert
- Callum Melly: Director of Growth; involved in $PORTAL token launch
- Gio Gussen: VP Market Expansion
- Julien Tremblay: Principal Engineer; Web3/RWA/DeFi/climate-tech
- Joel Michael: Director of Global Strategy & Impact; founder of Circularity Global