This paper is presented from the view of a consultant who wishes to provide in depth knowledge about three companies that offer valuable services in clean technology. The paper will discuss how the provided solution will help to benefit the environmental impact. As the client is primarily interested in energy solutions, therefore as I a client, I have focused on it. Clean technology plays an integral part in cleaning and benefitting the environment. Also, clean technology has been able to generate economic growth as well as job opportunities in the United States and globally as well. With the strong climatic change in the United States, the future of clean technology is extremely bright. The investment in clean technology for 2020 is expected to reach an annual figure of $106-$230 billion.
Discussion
Overview of Clean Technology
Clean Technology is the technology that applies no side effects or transformations to balance environmental or natural systems (ecosystems). Clean technologies seek to reduce pollution and to avoid modifying the processes and products. The incorporation of changes in production processes can generate a number of economic benefits to companies by more efficient use of resources, reduced costs of collection, transportation, treatment and disposal. A clean production technology (TPL) can be identified in several ways. It allows the reduction of emissions and discharge of a pollutant, reducing energy consumption and water, without causing increases in other pollutants. The use of a clean technology tends to minimize emissions to the atmosphere, soil and water bodies.
Private Companies Recommended to the Investor
The venture capitalist must consider the following companies for investing in clean technology for the benefit of the environment. These companies will definitely offer solutions in renewable energy area and are capable enough to produce paradigm shift with their technologies and growth in monetary value. These companies are selected by keeping in view the primary interest of the venture capitalist.
Ormat Technologies Limited
Description of the Technology Provided
Ormat Technologies Limited is the leading technology company that is based on a power generation unit which converts low and medium ranged heat into electrical energy. Geothermal energy generation is the primary production of the company and the company holds expertise in this regard with over four decades. The company develops designs, builds, manufactures and operates geothermal power plants globally, and holds a favorable market in the United States. The company applies the basic formula for the production of geothermal energy by transforming heat from molten interior of the earth's crust. The company holds the third position in producing geothermal energy in the United States.
It is a known fact that, temperature increases with the increase in depth of earth. There is a thermal gradient and thus a heat flow outwards from the Earth. This is a result of its internal structure. The Earth is basically formed by three concentric layers. The core is the innermost which has a composition of cast iron at a higher temperature of 4,000 ° C. The mantle is the middle layer made ??of silicates of ...