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Renewable Energy Technologies

Grant Writing and Project Funding

Along with project revenue and equity capitalization, management of Alternate Energy Solutions will periodically seek third source funding assistance from public and private financing resources. These may include enhancements through grants, loans, guarantees, subsidies, matching funds, insurance from government sources, local, state, and federal, public and private foundations funds, local energy producers or partner commitments, and various forms of assistance from benefiting educational institutions, philanthropic organizations, economic developmental organizations, ethnic groups, etc.

Management will research funding opportunities, partner with interested beneficiaries, and analyze the cost-benefit analysis of alternative funding sources. Energy efficiency projects, renewable energy generation, economic development, and public education on renewable energy sources are some of issues for which the company might seek funding.

In pursuing the third source funding, in many cases management will be required to present most of the following information:

- qualifications of the project team
- side agreements and permits for the project
- wind resource assessment
- project design and engineering of the project
- project development schedule
- financial feasibility of costs, revenues, and third source funding
- equipment procurement and availability
- equipment installation plan
- ongoing maintenance and supervision