New Generation Energy Launches Renewable Energy Microfinance Site

Nonprofit New Generation Energy (NGE) has launched its Green Energy Project Microfunding site.

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 greenhouse gas emissions reduction. Any U.S.-based nonprofit organization may apply to be listed on the site.

The site can also serve as a ‘billboard’ for an organization's efforts to become greener, NGE notes. Using the site, organizations can include pictures, video links, quotations from staff, and other materials to promote the organization and help drive donations to support the project.

The site is available here.

SOURCE: New Generation Energy

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