Renewable Energy: A Growing Industry Welcoming Big Business and Startups Alike

Renewable Energy: A Growing Industry Welcoming Big Business and Startups Alike

With climate change concerns on the rise, the renewable energy sector is growing exponentially, and expected to reach over $2 trillion by 2025. Large corporations are investing in renewable energy, creating opportunities for smaller businesses to enter the market as well. Government subsidies create profitable entry points, with suggested ideas including power storage systems, solar panel sales and distribution, and electricity resale at wholesale prices. Governments are increasingly pledging to reach 100% energy efficiency in the coming years, and industry experts expect solar PV production in the US to double by 2024.

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