GWS Technologies seeks offset project submissions
GWS Technologies, Inc., (OTCBB:GWSI) an alternative energy technology company developing and marketing solar and wind-powered renewable energy products and solutions is accepting project submissions from businesses and individuals in the agricultural, forestry, waste management and renewable energy sectors for its carbon offset program. Projects that sequester, destroy or displace greenhouse gas emissions are eligible and can be submitted via the company's website at www.greenwindsolar.com.
Qualified project types include wind power, solar power, hydropower and biofuel projects, as well as energy efficiency and fuel switching programs, which are evaluated on the basis of CO2 emissions associated with fossil fuel based electricity. The company also invites the submission of other greenhouse gas reduction projects, such as agricultural methane collection at livestock operations and reforestation projects, for inclusion in its carbon offset program. Once accepted, all projects are subject to independent third-party verification.
"In addition to our microgeneration product lines, we plan to become an offset aggregator, which is an entity that serves as the administrative representative for multiple carbon offset-generating projects on behalf of multiple project owners," said company President Richard Reincke. The company is also applying for participation as an offset aggregator on the Chicago Climate Exchange, North America's only active, voluntary integrated carbon trading system, which has offset projects worldwide.