openPR Logo
Press release

SEEING GREEN IN ALTERNATIVE ENERGY: The Rising Trend of Environmentally Friendly Entrepreneurs

The International Energy Association predicts that by 2030, there will be a worldwide increase of over 50% in the demand for primary energy. And, as the pundits have been saying for years, traditional energy sources will not be able to meet this growing demand.

Some people have been reacting to this with fear, and others with pessimism, but a growing number of entrepreneurs are responding to this with new ideas. They are finding innovative and creative ways to help save the planet. And, they’re not doing it because it makes them feel warm and fuzzy inside, although it might do that too. They’re doing it because they recognize the potential for profit; they see the demand and they are setting out to fill that void.

Entrepreneurship expert Evan Carmichael believes that the recent dramatic growth in the alternative energy industry is enticing more and more entrepreneurs to get on board. “Green energy is one of the fastest growing industries today,” he says. “It is no wonder that entrepreneurs are trying to catch the wave. There is definitely money to be made here.”

A recent study by green-technology consulting firm Clean Edge suggests that by 2010, the alternative energy industry will generate over $82 billion worth of electrical power, up from just under $10 billion today. The solar industry is predicted to grow to $51.1 billion in annual sales by 2015 while the wind industry is expected to grow from its current sales of just over $11 billion to $48.5 billion in 2015. A similar growth is expected with fuel sales, increasing its sales from today’s $0.9 billion to $15.1 billion in 2015. “That’s a flashing opportunity sign for entrepreneurs,” says Carmichael. “This market is ripe for the picking.”

In the U.S., venture capitalists invested over $150 million into green-focused startups in 2005, double the amount of the previous year. From solar photovoltaics to biofuels to organic foods, all of the largest venture capital firms are now backing clean technology projects.

“The overwhelming amount of media attention surrounding global warming has helped drive the demand for sources of alternative energy,” says Carmichael. “This is one of the few industries where supply cannot outpace demand. Entrepreneurs are picking up on this and using it to their advantage.”

But, as with starting a business in any other industry, Carmichael stresses the importance of properly understanding the field first. “Before entrepreneurs can enter the marketplace, they really need to educate themselves,” he says. “This is a highly technical and fiercely competitive industry, so you can’t just jump in there.”

Once an entrepreneur has the sufficient know-how and the capital to join the industry, Carmichael predicts that their future will be limitless. “Entrepreneurs have only just begun to scratch the surface of the industry’s potential,” says Carmichael. “It may be an uphill battle with conventional power, but it’s a battle that can be won and a fight that is worth it.”

Evan Carmichael is available for an interview. Please contact him at

Evan is an entrepreneur and international speaker. At the age of 19, he became an owner and Chief Operating Officer in Redasoft, a biotechnology software company. The company quickly grew to over 300 organizations as clients, including NASA and Johnson & Johnson, in 30 countries. He started Evan Carmichael & Associates with the goal to give entrepreneurs the Inspiration to follow their passion and the strategies they need to succeed. Evan has delivered over 100 keynote presentations to entrepreneurs in North America, Europe, and Asia. He has been interviewed by newspapers, radio stations, and television stations including The Globe and Mail, CHUM FM, CityTV, Global TV, OMNI TV, Enterprise, and the Toronto Sun. Evan's website,, is the world's #1 website for small business inspiration and strategies.

Evan Carmichael & Associates

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SEEING GREEN IN ALTERNATIVE ENERGY: The Rising Trend of Environmentally Friendly Entrepreneurs here

News-ID: 9838 • Views: 1099

More Releases from Evan Carmichael & Associates

GOING GLOBAL: How Entrepreneurs are Taking their Business to New Borders
TORONTO, CA – March 27, 2007 – There are 6.5 billion people living on this planet. To the environmentalist, that figure immediately conjures up fears of pollution and global warning. To the true entrepreneur, however, 6.5 billion people means 6.5 billion potential customers. As small business owners get caught up in the daily challenges of running their company, they are often unable to see the vast range of opportunities that are
What's Hot, What's Not: Top Three Trends for Small Business in 2007
A new year is upon us and with that comes new opportunities for small business owners everywhere. What new technologies will your business embrace this year? What new partnerships will you form? How will you take advantage of the changing marketplace? In answering these questions, entrepreneurship expert Evan Carmichael suggests the importance of examining the rising trends that are promising to impact small business in the coming year. “The beginning of
THE BUSINESS OF BUYING A BUSINESS: Experts Weigh In On What It Takes To Succeed
January 16, 2007 (Toronto, CA) -- Look up the word ‘entrepreneur’ in almost any dictionary and you are bound to come across the word ‘risk’. Entrepreneurship is, by definition, a risky business. The stakes are high and the security is low. However, an increasing number of entrepreneurs are discovering one way to reduce that risk; they’re buying existing businesses that have already proven themselves out in the real world. No
Small Business Means Big Workloads: Studies Find Entrepreneurs Working More Than …
There are only 24 hours in a day, but try telling that to an entrepreneur. For small business owners, time is one of the most crucial resources at their disposal. In contrast to large corporations that have both more money and more staff, time is in fact one of the few ways for entrepreneurs to seemingly get ahead. Whereas their counterparts might only work from 9-5, small business owners have

All 5 Releases

More Releases for Entrepreneurs

Connecting entrepreneurs with angel investors
Johannesburg, South Africa, June 7, 2017– is an online subscription platform created to assist small business owners and entrepreneurs connect with and better understand angel investors and their investment requirements. The site will be launching an angel investor drive on the 7th of June 2017. The Dottedlink platform works by having angel investors answer a basic set of questions related to the companies they’re interested in financing. The
Dubai, UAE, 3rd Oct 2016: FasterCapital (a virtual incubator based in Dubai, UAE) has launched its fifth round of funding for 2016 which begins on 18th of Sep, 2016 and ends on 17th of Oct, 2016. The last round of funding has attracted more than 2000 entrepreneurs from more than 57 countries. More than 30 startups were accepted into the acceleration program. FasterCapital hopes this message will reach wider audience of
Dubai, UAE, 24th July 2016: FasterCapital (a virtual incubator based in Dubai, UAE) has launched its fourth round of funding for 2016 which begins on 15th of July, 2016 and ends on 16th of August, 2016. The last round of funding has attracted more than 4000 entrepreneurs from more than 84 countries. More than 100 startups were accepted into the acceleration program. FasterCapital hopes the message will reach wider audience of
Mentoring Entrepreneurs in Building Startups
1. Noida, Uttar Pradesh, India, November 18th, 2015 - AN INTERACTIVE SESSION ON ESOP ISSUES – Amity Innovation Incubator “The performance of the company is the outcome of its employees’ efforts. The more they are encouraged to work efficiently, better the position achieved by the company in the market.” Since last one decade, the Startups have been
Grooming New Entrepreneurs
The Center for Ethics in Free Enterprise, CEFE, announced today the release of its newest free eBook on Entrepreneurship, Guerilla Entrepreneurship: The Original. This is the 15th version written by Dr. Fred DiUlus, a noted online education expert and entrepreneur who traces his own roots in entrepreneurship back 130 years. As a founding Director and a Senior Fellow at CEFE, Dr. DiUlus first wrote the eBook as a college Entrepreneurship
Wild Women Entrepreneurs and MyEventGuru Enter Partnership
Boston (February 10, 2007) — Wild Women Entrepreneurs (Wild WE), the leading networking organization for women entrepreneurs, announced today that the organization has entered into a partnership with MyEventGuru to help area women promote their businesses and expand their networks. “Our goal with this partnership is to provide women access to event tools and solutions that will allow them an edge over the competition,” says Ja-Naé Duane, Wild WE founder and