Clean Energy Projects
Synergent's
Commercial Energy Projects are a direct response to the request for
increased Clean Energy supply to the National Grid.
These Energy
Projects not only provide consistent and reliable electricity, but they
do so without any Carbon Emissions which qualify them for Carbon
Credits under the UN Clean Development Mechanism (CDM) as established
by the Kyoto Protocol.
The
value of these Carbon Credits (CERs) vary according to market dynamics,
but represent a significant monetary value when sold to the market.
While most developers choose to "cash-in" their CERs for added
profitability, Synergent has pioneered a new model that turns CERs into
Renewable Energy Development (RED) Credits that can be "banked" in a
Carbon Trust Fund for Nigeria.
Synergent
is the first private-sector company to commit 100% of it's CERs as RED
Credits in the new Carbon Trust Fund.
This provides a managed asset
that can be leveraged to create additional financing from international
lenders for future Renewable Energy Projects that Synergent plans to
develop with the Government in Nigeria.
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