The Challenge

The green energy sector of the economy is one of the fastest growing sectors in the country. With energy costs continually rising and consumer demand for energy continually increasing renewable energy has become more and more important. The cost of electricity has steadily risen at an average rate of 6.7% per year for the last thirty years and some market analysts say that annual rise could exceed to 10% per year.

The west coast is having to deal with rolling blackouts in the summer months because electricity demands are so high that we are given the choice of either paying a ridiculous amount for extra energy or dealing with a self-imposed blackout. The market is in dire need for affordable, renewable energy sources to help fill our demand for electricity. The most daunting part of this trend is that no one can predict an end to the rising costs.

The Solution

Rising energy costs encouraged the emergence of a renewable green energy company that specializes in helping clients find reliable renewable energy systems to help them combat the electricity costs and demands. With all of the different incentive programs available for energy and the fact that they are constantly changing there is a need for a company that specializes in renewable energy systems.

Cynergy Power is constantly tracking all of the available incentive programs and their changes to give our clients the best possible return on their renewable energy investment. Cynergy Power is a full service provider that will help the client choose the size and type of system that is right for them, inform them of all of the incentives they are entitled to, manage the renewable project and help them obtain funding. Cynergy Power also informs our clients about the positive effects that these systems have on our environment.

The Time is upon us

The years 2006 and 2007 saw investors worldwide pay much greater attention to the renewable energy industry. This attention translated into higher stock valuations and more aggressive industry expansion. By mid-2007, at least 140 publicly traded renewable energy companies worldwide (or renewable energy divisions of major companies) each had a market capitalization greater than $40 million. The number of companies in this category jumped significantly, from around 85 in mid-2006. The estimated total market capitalization of these companies and divisions in mid-2007 was more than $100 billion. Dozens of other companies appeared poised to become public and/or attain the $40 million capitalization level, as initial public offering (IPO) and investment activity continued aggressively during 2007.

Altogether, clean-energy companies raised about $10 billion in 2006 via public stock markets, almost double the 2005 amount. More than half the 2006 total was raised on European markets, with the United States second at about $3 billion. By early 2007, there were approximately 50 clean-energy companies trading on AIM Most of these companies were relatively small, but combined they had a market capitalization of almost $8 billion. During 2007, funds raised via public stock markets almost doubled again, to an estimated $17 billion.