Officially launched today (December 9) at Abu Dhabi Finance Week, working with the UAE Ministry of Energy and Infrastructure, The Abu Dhabi Investment Office (ADIO), Abu Dhabi Mobility, and major organisations such as ABB. GIGATONS is launched in response to the urgent need to address climate change and deliver the 59 gigatons of annual carbon emission reductions required by 2050, to achieve net zero and keep global temperature rises to within 1.5 degrees of warming.
By harnessing advanced technologies including blockchain, AI, and cutting edge sustainable energy solutions, GIGATONS aims to address three of the biggest barriers to delivering the gigaton-scale carbon emission reductions needed to support net zero; scaling infrastructure to decarbonise transport and energy, mobilising capital to scale new projects that tackle the climate crisis, and boosting transparency to improve trust and tackle greenwashing.
Key features of GIGATONS:
• Net Zero technology and funding platform: The GIGA Protocol Combines cutting-edge blockchain and AI, with sustainable energy infrastructure to precisely measure carbon savings, and accelerate the flow of capital into bankable net zero projects
• GIGATONS’ group businesses are GIGASERVE, GIGATECH, GIGACAPITAL
• Focus on net zero critical power infrastructure for electric vehicle charging networks, and energy hungry blockchain and AI applications
• Global Headquarters in ADGM, Abu Dhabi: strategically positioned in “The Capital of Capital” leveraging both Abu Dhabi’s leadership in finance, and alignment with the UAE’s ambitious climate goals, reinforcing its position as a global leader in sustainable innovation
• GRIDSERVE GLOBAL becomes a GIGATONS business unit under the GIGASERVE division, expanding its mission and reach on a global scale
• GIGATONS is led by the Harper brothers, seasoned second generation sustainable energy pioneers, and the previous founders and CEO’s of GRIDSERVE
His Excellency Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, said: “Our partnership with GIGATONS to explore investment opportunities in energy efficiency, green mobility, and digital transformation will go a long way in enabling a resilient, sustainable energy grid and efficient mobility systems that benefit society as a whole. Through such strategic alliances, we can ensure that the future of energy and transportation is both sustainable and economically viable.”
Headquartered in ADGM, Abu Dhabi, UAE, GIGATONS draws inspiration and momentum from the achievements of GRIDSERVE in the UK, which revolutionised the UK’s EV charging network. Today, GRIDSERVE’s Electric Highway charges nearly 250,000 electric cars, vans, and trucks every month with over 6 million kWh of 100% Net Zero energy.
“GRIDSERVE demonstrated how innovation, sustainability, and customer-centric solutions could deliver significant impact,” said Toddington Harper, previously founder and CEO of GRIDSERVE, now co-founder and co-CEO of GIGATONS, CEO GIGASERVE & GRIDSERVE GLOBAL. “With GIGATONS, we are taking this mission global, scaling net zero solutions to deliver gigatons of carbon reductions with the speed and scale required to limit global temperature rises to within 1.5 degrees of warming”.
As part of the company’s unveiling, GIGATONS announces its first global projects:
1. Delivering a net zero, sun-to-wheel EV charging Partner Network across Australia, in partnership with leading renewable company, Flow Power. The plans will build on the learnings, expertise, and technology developed in delivering and operating GRIDSERVE’s Electric Highway, with the next generation in world class smart connected products and services for both electric cars and electric trucks. This will be delivered in harmony with Flow Power’s local clean energy and project delivery expertise. Multiple sites have already been signed up, with construction due to start in 2025.
2. The world’s first fully tokenised net zero blockchain mining and AI project, to demonstrate that these technologies which are both fundamental to proving, and accelerating gigatons of carbon emission reductions, can be scaled sustainably.
GIGATONS - a unified platform to build trust and accelerate large-scale decarbonisation - is made up of three business divisions, each designed to tackle the three barriers to cutting gigatons worth of carbon emissions: GIGASERVE will scale the next generation of products and services, made famous by GRIDSERVE in the UK, global – creating ‘plug-and-play’ suites of net zero products that can be rapidly deployed in any market around the world; GIGATECH will use a blockchain and AI platform to tokenize and smart connect capital, real-world assets, and carbon credits; GIGACAPITAL will provide a new investment platform, designed to mobilise the $100 billion in investment over the next decade for transformative global carbon reductions at the required speed and scale.
