renewables.org Logo renewables.org
renewables.org Logo
@

Chief Technology Officer & Cofounder

💰 $100,000 - $180,000 📅 08/23/2023

Apply

Job Description

**About Renewables.org**
Renewables.org seeks to launch a ‘Kiva for solar’ – where you can finance
high-impact solar projects across the Global South & get repaid over 5 years.

**The Problem**
80% of CO2 growth will take place in the Global South. To effectively mitigate
climate change, we should accelerate clean energy where a) grids are dirtiest
and b) costs are lowest. Countries across Africa and India are in this sweet
spot.

**Our Solution**
Renewables.org is an online solar investing non-profit that allows anyone to
finance solar panels across the Global South and get repaid over five years.
By building the world’s highest carbon-impact solar projects, Renewables.org
amplifies the carbon avoidance of its users as much as 19 times compared to a
comparable U.S. located solar investment.

Renewables.org is a non-profit with a philanthropic mission to make it easy
for every day people to do something very high impact to combat climate
change.

**Our Team (so far)**
Renewables.org’s co-founders are leaders in crowdfunding & Global South solar.

Co-founder & Chair Premal Shah, previously started & led Kiva.org. Kiva
pioneered crowdfunding and has raised over $1 billion in 0% interest capital
to expand microfinance across 75 countries.

Co-founder & C.E.O. Lassor Feasley is a product designer with expertise in
marketing who is well connected in the solar finance space. He previously
started Legends.solar (aimed at solar finance in the USA which is already well
served and therefore hard to scale) which led to him focusing on underserved
markets in the Global South with renewables.org.

Co-founder & Board Member Ruchir Punjabiis C.E.O. of Distributed Energy, a
leading solar finance organisation operating across India and Africa.

**The Plan**
_1-6 months | MVP & fundraise_
Renewables.org currently has an MVP version of its product which it is testing
with beta users. The product allows users to purchase ‘panels°’ for $25
dollars each and view a visualisation of their investment and the impact they
create as they get paid back over five years.

Within the next two months, we plan to soft-launch this product to a broader
audience so we can generate some user growth and market testing metrics before
entering a philanthropic grant fundraise of an amount sufficient to hire a
small term.

This role will be uncompensated until the fundraise is complete – however,
because the nature of the role through this phase will primarily consist of
maintaining our existing software, it may be possible for the applicant to
participate part time until the fundraise is complete.

_6-12 months | Marketing, user growth, and org building_
Once the fundraise is complete, Renewables.org will begin marketing its
product in earnest - including via press, paid social, events, and other
methods. Our aspiration is to match Kiva.org’s millions of active users.

Concurrently, we will architect an improved product that includes rewards,
social features, and real-time monitoring of users' investments. This will be
essential in keeping the community of users engaged and ensuring they continue
to grow their ‘rooftop’ portfolio.

_13+ months | Advanced product and sustainable operations_

Renewables.org will deploy its interactive product improvements and build an
organisation that can continuously improve the offering experience. In
addition, it will build a finance team capable of sourcing additional
investment opportunities.

Once Renewables.org has attained significant AUM, it will be able to sustain
operations without additional philanthropic support. Renewables.org will earn
a yield of ~2-6% of funds under management annually - at scale this can
support a large marketing budget and cutting edge finance, engineering,
marketing, and product design teams.

**About the role**
Renewables.org is seeking a technical cofounder to bring our online solar
investing concept to life. You will work side-by-side with Renewables.org’s
C.E.O. and Renewables.org’s global team of leading fintech/finance operators.
You will help guide product direction as you architect and deploy backend
payments and frontend product infrastructure.

In the short term: Renewables.org currently runs a rudimentary
WordPress/PayPal transactions system that manages purchases and repayments for
its users. This must be maintained, improved, and automated.

In the long term:Renewables.org will create an interactive solar investing
platform that will allow users to see the real-time impact and productivity of
the solar panels. The system will manage millions of users and billions of
dollars in transactions. Candidates for this role should be capable of
anticipating the challenges of scaling a successful fintech product.

**Nice to have**
NYC metropolitan area
Experience building fintech software
Passion for front-end design and/or performance marketing
Interest in climate change activism

**Compensation**
Renewables.org has not yet fundraised and cannot currently compensate its
cofounders (including its existing team). Because it is a non-profit,
Renewables.org cannot offer equity compensation. We plan on fundraising seed
capital sufficient to compensate a small team in 3-6 months (see ‘The Plan’
above for details). Renewables.org plans to offer a highly competitive salary
and benefits once it is able.

renewables.org focuses on Clean Technology, Nonprofits, and Finance
Technology. Their company has offices in Brooklyn. They have a small team
that's between 1-10 employees.

You can view their website at <https://renewables.org>