The Wells Fargo Foundation has committed to a four-year, $2 million grant for GRID Alternatives, a U.S. nonprofit solar developer, to expand low-income solar access. The grant builds on more than $4 million Wells Fargo has invested in GRID since 2008, catalyzing the national expansion of the nonprofit’s work to bring solar power and job training to disadvantaged communities.
“GRID Alternatives is focused on ensuring the benefits of solar energy are realized by all communities – a model we believe addresses critical environmental and social issues that are important to Wells Fargo,” says Mary Wenzel, head of environmental affairs at Wells Fargo. “In addition to making solar energy available to low-income communities, GRID’s workforce development programs have trained thousands of veterans and other individuals to take advantage of employment opportunities in the rapidly expanding green economy.”
Wells Fargo made its first donation to support GRID’s work in California in 2008. In 2012, the company provided a five-year, $2 million grant to help GRID expand service into Colorado, the New York tri-state region, the Mid-Atlantic, and Native American communities across the U.S. Most recently in 2015, Wells Fargo and GRID teamed up on the Troops to Solar initiative, providing solar workforce training to 1,000 veterans over three years. Wells Fargo employees also volunteer on GRID installations across the country, logging nearly 4,500 hours to-date.
“Wells Fargo has been a committed philanthropic supporter of GRID, and its previous grants have allowed us to extend solar’s economic and environmental benefits to thousands of Americans,” says Erica Mackie, CEO and co-founder of GRID Alternatives. “This renewed support will help us bring clean energy access to new markets, catalyze promising low-income solar innovations, and educate and inspire a new generation of clean energy leaders that reflect the diversity of our communities.”