5. Verdant Power
One of the most interesting up and coming green companies is Verdant Power. Who would have ever thought that energy could be produced from New York City’s East River? That is exactly what Verdant is trying to make a reality. Verdant’s technology is similar to that used in wind turbines, but harnesses the natural power of river tides to produce energy.
4. Southwest Windpower
The first thing we usually think about when envisioning wind turbines is a gigantic wind farm in the middle of nowhere. Southwest Windpower is trying to change that. They supply homes and small businesses with mini wind turbines, small enough to fit in the average suburban backyard. The company has shipped more than 500,000 of its backyard windmills to date.
This is a consumer facing energy company that may change the way we purchase and install energy in our homes. Homeowners or businesses can sign a 15-year lease with SolarCity, for no money down. The company designs the solar system, processes permits and tax incentives, and monitors electricity use. SolarCity has a new deal with U.S. Bank to finance solar systems for small businesses. The company designs the system, processes permits and tax incentives, and also monitors electricity use.
2. Greatpoint Energy
GreatPoint Energy produces clean, low cost natural gas from coal, petroleum coke, and biomass utilizing its bluegas™ catalytic hydromethanation process. The natural gas produced is far less expensive than liquefied natural gas (LNG) and can be transported through the existing pipeline infrastructure. It is interchangeable with drilled natural gas for all applications, including power generation, residential and commercial heating, and the production of chemicals.
This geothermal energy producer is attempting to harness the power of the earth’s core, by making geothermally produced electrical energy available throughout the U.S. Some may be worried that drilling huge holes in the ground would trigger abnormal seismic activity such as earthquakes, but this forward thinking company wants to prove them wrong.