Greenwood Energy Joins U.S. Environmental Protection Agency Combined Heat and Power Partnership
Greenwood Energy, the North American renewable energy division of the Libra Group, today joined the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership (“Partnership”). The Partnership programme advocates the implementation of high efficiency combined heat and power (“CHP”) technology to reduce the environmental impact of power generation. Greenwood’s participation in the Partnership follows its recent $50 million commitment to the U.S. Department of Energy’s Better Building Challenge.
“Greenwood Energy’s participation in the Partnership demonstrates our commitment to build lowemissions CHP projects throughout North America and ties in nicely with our commitment to the Better Building Challenge,” said Greenwood Energy’s CFO, Douglas Johnsen. “The Partnership promotes the benefits of CHP, including increased energy efficiency, energy independence, reduction in air pollution and greenhouse gas emissions and substantial energy cost savings for our customers.”
The Partnership works to foster cooperative relationships with the CHP industry, state and local governments and other relevant stakeholders. Since its inception in 2001, the Partnership has grown to over 400 partners and has assisted in the development of more than 640 projects – representing 5,490 MW of CHP capacity. The projects will prevent the emission of 14.5 million metric tons of carbon dioxide annually.