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Good morning
Be sure to put this ticker on your radar asap.
Vega Biofuels, Inc. (VGPR)
They just released major news moments ago:
Vega Biofuels Signs Agreement to Produce Torrefied Products From Industrial Hemp
This news was just released moments ago so be sure to keep it on your radar!
About
VGPR (Vega Biofuels, Inc.) engages in the production and sale of biofuel products. It produces Bio-coal from timber waste using torrefaction technology; and Biochar, an absorbent designed charcoal-type product primarily used as a soil enhancement for the agricultural industry to increase crop yields.
VGPR was incorporated in 1986 and is based in Norcross, Georgia.
Renewable Fuels Now Outpacing Fossil Fuels
The race for renewable energy has passed a turning point. The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined. And there's no going back.
The shift occurred in 2013, when the world added 143 gigawatts of renewable electricity capacity, compared with 141 gigawatts in new plants that burn fossil fuels, according to an analysis presented Tuesday at the Bloomberg New Energy Finance annual summit in New York. The shift will continue to accelerate, and by 2030 more than four times as much renewable capacity will be added.
"The electricity system is shifting to clean,'' Michael Liebreich, founder of BNEF, said in his keynote address. "Despite the change in oil and gas prices there is going to be a substantial buildout of renewable energy that is likely to be an order of magnitude larger than the buildout of coal and gas."
Watch the slow but inevitable rise of renewables:
https://www.youtube.com/watch?v=jXLeYL5qTNY
Big News Development
Vega Biofuels Enters Into Joint Venture Agreement to Produce Bio-Coal
VGPR said in an important release last month that it has entered into a Joint Venture Agreement to manufacture and market the green-energy product, Bio-Coal.
The Joint Venture Company includes Vega Biofuels and Virginia based Laoc, Inc., a newly formed company owned by Bio-Coal manufacturer, Doug Vance. The Joint Venture will operate under the name of LV, Inc. and will operate from Laoc's facility in Richlands, VA.
Vega Biofuels recently entered into an Agreement with Colorado based Vencor International, Inc. to manufacture the Company's Bio-Coal energy product on an exclusive basis. Vencor International has since ceased operations prompting Vega to go directly to Mr. Vance for production of its Bio-Coal product. The two companies have been working together recently to meet the requirements of Vega's clients and testing of the torrefied wood product exceeded the requirements to be called Bio-Coal.
Manufactured from timber waste using torrefaction technology, Bio-Coal has a high energy density of up to 13,000 BTUs/Lb and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States.
To learn more about VGPR please visit their website: http://vegabiofuels.com/
VGPR is poised for serious investor attention in light of the buzz surrounding climate change. Capitalize now.
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