Gliricidia Fuel Wood Investment, a Renewable, Alternative Energy Source

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Renewable Energy - Gliricidia (Fuel Wood)

$C:\Documents and Settings\User\My Documents\cliricidia2\DSC01128.JPG$ Renewable Energy means alternative energy from non depleted resources which can be renewable such as liquid biofuels, biogas, solid biomass energy, geothermal energy, hydro energy, solar energy, tidal energy, wave energy and wind energy

Due to the economic importance of the Gliricidia plant the Government of Sri Lanka classified the plant a national tree crop, in par with the other declared three species - Tea, Rubber and Coconut. Thurunushakthi Development Foundation has supported the creation of a dendro power plant. Dendro power, which is fuelwood-based energy, can function as an alternative energy source that has less negative effects on the environment. The fuel source for the power plant is Gliricidia trees.

By using dendropower, Thurunushakthi Development Foundation hopes to improve energy efficiency of Gliricidia and to make the community aware of alternative, more environmentally-friendly forms of energy.

Systematic planting of Gliricidia using farmers as “Out Growers” will contribute towards employment creation in rural areas. Gliricidia is grown as an inter-planted crop and it is widely recognised as the best crop source for clean energy production.

It is the preferred species for fuel wood and trees are allowed to grow while branches are harvested every eight months. It is an alternative source of fuel which can replace fossil fuels as a source of electricity generation. Thus, Giricidia wood is grown and harvested in a sustainable manner. It is an alternative source of fuel which can replace diesel and heavy fuel oil; 4kg of Gliricidia wood can replace 1 litre of diesel or heavy fuel oil, which gives an energy cost saving of about 70% for diesel and 45% for heavy fuel oil.

Our plantation partners are able to offer Gliricidia Forestry Plot Lease with fixed annuaal rental return as follows:

Illustration: Gliricidia – Renewable Energy (5 Acres – 30 Year Lease)

Initial Outlay	Annual Return Year 1 (10%)	Annual Return Year 2 (11%)	Annual Return Year 3 (12%)	Annual Return Year 4 (13%)	Annual Return Year 5* (14%)	Annual Return Year 6-10* (15%)	Total Returned After 30 Years
£15,000	£1,500	£1,650	£1,800	£1,950	£2,100	£2,250	£65,250
£30,000	£3,000	£3,300	£3,600	£3,900	£4,200	£4,500	£130,500
£60,000	£6,000	£6,600	£7,200	£7,800	£8.400	£9,000	£261,000
£90,000	£7,500	£8,250	£9,000	£9,750	£10,500	£11,250	£391,500
£120,000	£12,000	£13,200	£14,400	£15,600	£16,800	£18,000	£522,000