Delta40, a venture studio dedicated to increasing incomes and addressing climate change in Africa, and CLASP, a non-profit focused on appliance and equipment energy performance and quality, introduces GreenBay.
Our mission with GreenBay is to create a sustainable, formal market for second-life, greentech appliances, starting with solar products and life-changing electric appliances in order to increase affordability, reduce environmental impact, and foster a circular economy in the continent’s clean energy sector.
Just like the secondhand market for cars and phones has unlocked greater ownership GreenBay will close clean energy and appliance ownership gaps, allowing the market to meet the needs of lower and middle income households and small businesses.
GreenBay will facilitate lower carbon growth by promoting the reuse and recycling of clean energy products. Additionally, GreenBay will lower the lifetime cost of solar home systems and electric appliances by prolonging their useful life through maintenance and repair. Further, it will stimulate job creation in the green tech sector and contribute to environmental sustainability.
GreenBay helps to meet the needs of lower and middle income households and small businesses.