2 Renewable Energy Equipment And Devices Selling Business Success Stories [2024]
Renewable energy equipment and devices refer to apparatus permanently installed on premises used for the generation, transmission, or utilization of mechanical or electrical power. With increased technological advancements, renewable energies have a significant impact.
Businesses and households are finding efficient and creative new ways of producing and storing renewable energy to meet the rising energy demand. As investments in renewable energy are rising, demand for renewable energy equipment and devices is rising. Therefore, starting a business in this line can be profitable.
In this list, you'll find real-world renewable energy equipment and devices selling business success stories and very profitable examples of starting a renewable energy equipment and devices selling business that makes money.
1. Clean Energy Solutions ($7.2M/year)
David Gomez, the founder of Clean Energy Solutions, came up with the idea for his solar energy business after experiencing setbacks in the real estate industry during the recession. He recognized the potential of solar energy as a cheaper and cleaner source of power and saw it as a great business opportunity. With a clever direct mail marketing campaign and a strong focus on selling lower-cost energy, Gomez was able to quickly attract customers and grow his business by over 6700% from 2014 to 2019.
How much money it makes: $7.2M/year
How many people on the team: 20
Clean Energy Solutions, a solar-energy provider based in LA, has grown over 6700% from 2014 to 2019, with monthly revenue around $600,000 and plans to expand its energy-efficient affordable housing division, thanks to its unique solar program allowing clients to save money using solar energy at a lower price than their utility would charge.
2. Seedia ($600K/year)
Piotr HoΕubowicz came up with the idea for SEEDiA when he was sitting on a park bench with friends and their phones died. He wanted to create a bench that could charge mobile devices using renewable energy, leading to the development of their solar and off-grid benches and other smart city solutions. With a record year in 2020 and plans for new products in 2021, SEEDiA is continuing to innovate and improve urban spaces.
How much money it makes: $600K/year
How much did it cost to start: $2K
How many people on the team: 21
SEEDiA is a smart city technology company that develops solar-powered benches, trash cans, info kiosks, solar bus shelters, and smart hand sanitizers, and has sold 112% more products in 2020 than the previous year, while also introducing three new products in 2021.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.