The Honnold Foundation, founded by famed rock climber Alex Honnold, is making its largest-ever funding outlay on Tuesday, announcing $11 million in grants to 75 partners across five continents. The foundation's model avoids creating an endowment, instead deploying funds with "speed and urgency" to support locally led solar projects. Executive director Emily Teitsworth argues this approach is vital as "geopolitical realities may prevent grid-scale renewable energy from ever reaching nearly one billion people on the planet."