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Feds Ramp Up Greening Efforts As Eco-Source Technologies Looks To Assist – Part 2
We previously blogged about how the vision articulated by Jonathan Powers, the Federal Environmental Executive, echoes the mission statement of Eco-Source Technologies in response to the first installment of USA Today’s Green Tech series (“Feds Ramp Up Greening Efforts As Eco-Source Technologies Looks To Assists – Part 1”). Today we want to focus on USA Todays’ next article in the series, authored by Tim Mullaney, with a title implying the energy efficiency and sustainability marketplace is a mixed bag (“Green tech shows progress but not prosperity”, April 1, 2013).
The article focuses primarily on BrightSource Energy, a solar-technology company with massive projects in the pipeline, but a bevy of financial challenges, that is best captured by this passage:
“Never have so many green products been as close to ready for prime time as they are now, technically finished and increasingly cost-competitive….Yet capital needed to bring clean technologies to mass markets is still much harder to get than before the 2008 financial crisis.”
Invariably when obstacles appear that could limit a company’s growth potential, new strategies must be developed, and the article highlight the most commonplace tactic – finding partnerships to spread the risks and pool resources. Eco-Source Technologies is certainly pursuing that strategy.
Green technology, as is the case with any new industry, invariably has its ups and downs. For example, the Dot.com bubble of the 1990’s resulted in too many companies becoming too big, too fast that were eventually consigned to the dustbin of history. But a road map for success is always evident during these market transforming eras At Eco-Source Technologies we have studied how prominent companies such as Ameresco, Siemens, and Johnson Controls have prospered in the emerging green technology sector, and we seek to both emulate and eventually improve upon their approach.
There certainly are no guarantees, but we believe our sound business model and talented team are poised to rise as the greening of America’s buildings gains more and more momentum. If the current positive trend line continues, in the not too distant future buildings with green technology will be the norm. While out list of products will grow and be updated to account for the latest technological breakthroughs, we are excited to be currently offering solutions like the GESPER, Energy Efficient Lighting, Tankless Water Heaters, and the Fitch Fuel Catalyst. If you want to substantially lower both your energy usage and costs, please feel free to contact us.