Wind and solar energy markets, along with other clean sources of energy, haven’t quite expanded the way they were originally projected and environmentalists had hoped for. Still, there are lots of reasons to be optimistic about clean energy, and the manufacturing world is beginning to pay serious attention to this new potential gold mine.
In fact, many manufacturers are going beyond the scope of where they made their name and dipping a toe into the renewable waters. Hydro Aluminum, for example, expanded beyond automotive and construction into solar panels, helping with a project in Nevada to construct the world’s third-largest solar energy field. More attention followed that initial project, creating quite the portfolio of work. Siemens and other international renowned companies are also getting into the mix, working on solar thermal power plants, wind turbine manufacturing and more. Why?
The shift is subtle. The price of clean energy, once outrageous, has slowly been trending down over the past few decades, making it a viable option to compete with natural gas. Even with many government subsidies propelling the market forward a few years ago, those are no longer needed to make clean energy a lucrative investment. For another thing, many of the technologies that are relevant to other manufacturing processes are extremely relevant to clean energy. Whether manufacturing the parts that go into panels and turbines or mixing additives for biofuels, many of the procedures are the same.
This is where getting an edge in the marketplace can mean a difference in profitability. Inline steam heaters, static mixers that can manage concentrated amounts of additives without corroding or damaging the equipment and that can replicate the quality of the product consistently make the difference in profitability. Komax is proud to offer innovative designs to help the biofuels and clean energy industry.
Far from being an idealistic endeavor, clean energy is now a sustainable alternative to invest in. With serious growth potential in this market, both for new entry and for businesses to leverage what they already know, the sky is – quite literally – the limit!