Proventus Renewable Energy Action Plan, the Company’s mission statement, lays down the Company’s commitment to improve social conditions and achieve social outcomes. Proventus Renewables will be seeking to:
Make “investment in only renewable energies to address the European target of reducing CO2 emissions by 20% by 2020 and increase the share of renewable energies in electrical supply to 20% by 2020 ”;
Follow the trend to decentralized power generation to unleash private investments on a broader scale, improve grid stability and enable a larger group of investors to generate income;
Create a diverse portfolio of renewable energy technologies including, but not limited to Wind, Solar, Geothermal and Biomass;
Establish renewable energy assets globally, with initial focus on Europe; and Launch a Research & Development Centre to create innovative renewable energy products.
Proventus Renewables plc is a quoted Ireland-based company involved in the renewable energy sector focused on activities in Central and Eastern Europe
“There has never been a more relevant and opportune time for a business like Proventus Renewables. The Company’s aim is to be a leader in the international renewable energy sector, as well as at the forefront of diverse renewable energy technologies.
“Proventus Renewables is working towards assisting Eurozone countries achieve 2020 targets through a mixture of renewable energy technologies, including wind, solar, geothermal, bio-mass, tide, wave and ocean.
“The Company has a strong, select and complementary acquisition pipeline and looks forward to updating shareholders on progress regularly and in due course.” Liam McGrattan, Chairman,