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National Green Energy Project Microfunding Site Launched

Online site from New Generation Energy lists efficiency and renewable energy projects at US-based nonprofits; lets users support projects with the greatest energy savings and CO2 reductions

National Green Energy Project Microfunding Site Launched

Online site from New Generation Energy lists efficiency and renewable energy projects at US-based nonprofits; lets users support projects with the greatest energy savings and CO2 reductions

Published 11-08-10

Submitted by New Generation Energy

Building Green Communities: Supporting NGE's projects helps local nonprofits to lower carbon emissions, create green jobs, and strengthen their community.

New Generation Energy (NGE), a nonprofit whose mission is to make America's communities healthier and more sustainable through the development of renewable energy and energy efficiency projects, today announced the launch of its Green Energy Project Microfunding site. This site makes it easy for individuals to learn about and support specific green energy projects at nonprofit organizations all across the US.

NGE's Executive Director, Chuck Lewin comments, "A web-based microfunding site dedicated to green energy projects has been needed for a long, long time. Now that New Generation Energy has developed the microfunding site, nonprofits can get funding for their green energy projects, educate the public about their sustainability efforts, and illustrate real world, practical applications of green energy technology."

New Generation Energy's microfunding site is similar to other microfinance sites, but support is in the form of a donation rather than a loan, and emphasis is placed on project metrics such as energy savings and green house gas emissions reduction. Any nonprofit organization may apply to be listed on the site. This includes family shelters, community centers, schools, universities, churches, and more. All projects must be located in the United States, and all applying nonprofit organizations must be US-based.

The site has value not only as a source of funding for green energy projects, but a project posting can also serve as a 'billboard' for an organization's efforts to become greener. Using the site, organizations can include pictures, video links, quotes from staff, and other materials to promote the organization and help drive donations to support the project.

To visit NGE's Green Energy Project Microfunding Site, go to: www.newgenerationenergy.org/listprojects.

Building Green Communities -- More Information on New Generation Energy (NGE)

New Generation Energy's mission is to make America's communities healthier and more sustainable through the development of renewable energy and energy efficiency projects. NGE supports solar, wind, biomass, and geothermal, along with many different kinds of energy efficiency. NGE partners with green-minded individuals, foundations, and corporations to fund US-based green energy projects at nonprofit organizations and small businesses.

In 2010, NGE launched a green energy project microfunding site to accelerate the development of green energy in communities throughout the US. Projects listed on the site lower carbon emissions, save energy costs, and illustrate the use of green energy technology in real-world applications.

For more information on New Generation Energy, please visit us at www.newgenerationenergy.org, or call at (617) 624 3688.

To visit NGE's Green Energy Project Microfunding Site, go to: www.newgenerationenergy.org/listprojects.

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New Generation Energy

New Generation Energy

New Generation Energy (NGE) is a Boston-based nonprofit that seeks to build sustainable and green communities by providing green investment options for individuals, businesses, and foundations in the areas of renewable energy, conservation, and the environment. NGE operates in the six states of New England, and supports energy efficiency and all types of renewable energy, including solar, wind, biomass, and geothermal. NGE operates a Renewable Energy Investment Note (REIN) program which raises funds from socially responsible investors, and disseminates those funds via its community lending program to low and moderate income communities as low-interest green energy project loans. In addition, NGE operates a Community Green Fund (CGF) that lets green-minded corporations support deserving charitable organizations by installing green energy projects that dramatically lower their energy costs.

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