Ram Tumuluri is an investor and entrepreneur with an interest in projects that will help humanity and the world we live in. In this article, Mr Tumuluri’s team provides insight to some of the top renewable energy companies to watch in 2020.
2020 started out as a favorable year for short-term growth in solar and wind energy, however, Bloomberg reports some renewable energy companies have started to see effects from the coronavirus.
According to Deloitte’s 2020 Renewable Energy Industry Outlook, around 97% of net new generation capacity additions are expected to come from solar and wind sources in the coming year. The renewable energy industry is prepared to enter another period of development, despite congressional activity and tariffs resulting in some uncertainty.
Ram Tumuluri on renewable energy companies to watch in 2020
Motech
Website: motechsolar.com
Montech is one of the largest professional solar cell manufacturers in the world today. Over the years, Montech has been expanding solar expertise across the value chain to provide enhanced solar cell technology to customers with the advantage of international sourcing and manufacturing.
GE Renewable Energy
Website: ge.com
GE Renewable is one of the largest wind turbine suppliers around the world that combines probably the broadest portfolio in the renewable energy industry. Their hydropower energy improves access to sustain agriculture, healthcare and mitigates water challenges.
First Solar
Website: firstsolar.com
First Solar is a major player in the solar energy industry. The company currently operates many of the world’s largest grid-connected PV power plants by using photovoltaic technology to deliver solar energy in a way that leaves the smallest carbon footprint of any method of solar power.
Vestas Wind Systems
Website: vestas.com
Vestas Wind Systems is a Denmark-based organization operating in the wind power industry that works through two sections, Project and Service. Its service range comprises information-driven consultancy services, blade maintenance, power generator repairs and fleet optimization among others.
Cypress Creek Renewables
Website: ccrenew.com
Cypress Creek Renewables is an organization that utilizes solar energy to make the environment less polluted. They have been working for quite a long time to develop solar projects that can benefit communities by offering them affordable clean energy.
Siemens Gamesa
Website: siemensgamesa.com
Siemens Gamesa is a pioneer in the renewable energy industry providing wind turbines, turbine gearboxes, off-grid, and other related equipment, as well as provides maintenance and reconditioning services. The company is engaged in all three areas of the wind power business: Onshore, Offshore and Service.
Canadian Solar
Website: canadiansolar.com
Canadian Solar is a value-based manufacturer, producing high quality, and high-efficiency solar panels. Canadian Solar is both a global leading manufacturer of solar PV modules and a provider of solar energy solutions. Canadian Solar was listed as the Top 1 Company in Bloomberg New Energy Finance’s Tier 1 Module Manufacturers ranking in terms of bankability in 2018.
Berkshire Hathaway Energy
Website: brkenergy.com
Berkshire Hathaway Energy generates energy from coal, natural gas and steam, hydroelectric, wind, solar, geothermal, nuclear, and black liquor resources. They are a global leader in the production, transportation, and delivery of energy from a variety of fuel.
Crop Energies AG
Website: cropenergies.com
Crop Energies AGis one of the leading European manufacturers of sustainably produced bioethanol for the fuel sector today. The Company also produces neutral alcohol for the beverage, food, cosmetics and pharmaceutical industries, as well as for industrial applications.
NextEra Energy Resources
Website: nexteraenergyresources.com
NextEra Energy Resources is a leading clean energy company that is also the world’s largest utility company. They are focused on finding innovative answers to improve the environmental issues that are prominent around the world through the development of clean energy.
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