VIASPACE, Inc.’s (VSPC.OB) Focus on Developing Revenue Streams in Renewable and Alternative Energy Markets
QualityStocks (November 16th, 2009) Writes:
VIASPACE Inc. is a clean energy company focused on products and technology that reduce or eliminate dependence on fossil fuels and other high-pollutant energy sources. The company is developing revenue streams in targeted segments of the renewable and alternative energy markets through two of its subsidiaries – in the renewable space, VIASPACE Green Energy and in the alternative energy space – Direct Methanol Fuel Cell Corporation.
For the renewable energy markets, the company’s subsidiary – VIASPACE Green Energy – is cultivating Giant King Grass, a proprietary, fast-growing perennial grass. This grass will be used for the production of non-food, low carbon liquid biofuels for transportation and as a renewable, low-carbon substitute for coal now being burned as the heat source in stationary electric generating power plants.
In order to generate recurring revenues, the company is pursuing long-term contracts in this area to supply
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