Subscribe to our free daily newsletters
  Energy News  

Subscribe to our free daily newsletters

Wind Becomes Farmers' Cash Crop As VINCO Collaborates With NativeEnergy

File image.
by Staff Writers
Charlotte VT (SPX) Mar 19, 2008
Ensuring the future development of new clean energy projects, NativeEnergy, an international marketer of high quality carbon offsets and renewable energy credits (RECs), is partnering with VINCO. This new collaboration increases opportunities for small-scale renewable energy projects, such as family farm wind turbines, to receive the additional funding necessary to ensure widespread development of these projects.

"Farmers understand they need to invest something in order to harvest something," says Jim Pederson, Business Development Manager of VINCO. "They need equipment to harvest a crop, and in this case - with climate change and the rising cost of electricity - the crop is the wind."

Addressing the substantial up-front costs that often deter farmers and other project developers from investing in renewable energy is at the heart of the VINCO and NativeEnergy agreement. VINCO will identify and connect to NativeEnergy those farms that need additional up-front financing from the RECs sales in order to get their new wind turbines built.

NativeEnergy will assess each project's need for funds. If REC sales are needed, the company will then purchase the projects' total expected lifetime RECs output, providing the necessary support, enabling farms to harness clean energy in a more self-sustaining, independent way.

"Adopting high standards of project-specific additionality, NativeEnergy enables its clients to help directly finance the construction of new wind projects that would not happen without additional revenues for their RECs," says Tom Boucher, President and CEO of Native Energy.

NativeEnergy has a strong commitment to investing in high-quality projects that not only have a positive impact on the environment but incorporate considerable social values as well. This new partnership recognizes two common goals shared by both NativeEnergy and VINCO. First, to build as many high-quality renewable energy projects as possible, thereby helping others achieve energy independence; and second, to lower emissions output to address climate change with real, effective solutions.

Email This Article
Comment On This Article

Related Links
Powering The World in the 21st Century at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

GE Unit Invests In Texas And Illinois Wind Projects With Invenergy
Stamford CT (SPX) Mar 18, 2008
GE Energy Financial Services is partnering for the third time with leading global wind power developer Invenergy Wind, by investing in Illinois and Texas wind farms that will produce emissions-free electricity equivalent to taking 96,000 average US cars off the road. Together, the two projects will produce nearly 250 megawatts of power.

  • International Team Discovers New Family Of Superconductors
  • Analysis: Iraq oil law holdup political
  • Key To Using Local Resources For Biomass May Include Waste
  • Wind Becomes Farmers' Cash Crop As VINCO Collaborates With NativeEnergy

  • Florida Power And Light Welcomes Initial Approval For New Nuclear Power Units At Turket Point
  • India govt, allies to hold US nuclear deal talks in April
  • Romania wants to build second nuclear power plant after 2020
  • ORNL Part Of Project To Help Power Developing Nations

  • Scientists Identify Origin Of Hiss In Upper Atmosphere
  • NASA Co-Sponsors Ocean Voyage To Probe Climate-Relevant Gases
  • Satellite Data To Deliver State-Of-The-Art Air Quality Information
  • New Model Revises Estimates Of Terrestrial Carbon Dioxide Uptake

  • Macedonia plants two million trees to revive its forests
  • Deforestation Worsening In Brazil Claims Greenpeace
  • Secrets Of Cooperation Between Trees And Fungi Revealed
  • Researcher: Wild California just a memory

  • Prized fish the latest liquid asset for Asia's super-rich
  • Mediterranean tuna at risk from 'bloated' fishing fleet: WWF
  • Green group issues warning over nanotechnology in food
  • Brazilian protesters destroy GM crops: group

  • Eden Energy Advances Practicality Of Hydrogen Cars
  • China reports more than 81,000 road deaths last year
  • The Work Truck Show 2008 Showcases Hybrid Trucks And Alternative Fuel Technology
  • Fuel-cell cars still far from showroom: Toyota

  • A380 superjumbo makes European debut in London
  • Aviation industry must act fast on climate change: Airbus chief
  • Northrop, EADS to invest 600 mln dlrs in Alabama site
  • China air passenger traffic up 16.8 percent in 2007: state media

  • Nuclear Power In Space - Part 2
  • Outside View: Nuclear future in space
  • Nuclear Power In Space

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement