Renewable Energy Industry
THE DAWN OF NEW POWER ALTERNATIVES
The renewable energy industry, once a niche segment of the broader energy industry, is growing rapidly to become an important source of power in many regions and nations around the world. Renewables, including solar, wind, hydro, biofuels, and others, are at the center of a transition to a less carbon-intensive and more sustainable energy system.
Renewable energy, driven by policy support and sharp cost reductions for solar photovoltaics and wind power, have grown rapidly in recent years. The electricity sector remains the brightest spot for renewables with the strong growth of solar photovoltaics and wind, building on the already significant contribution of hydropower. But electricity accounts for only a fifth of global energy consumption, and the role of renewable energy in the transportation and heating sectors remains critical to the energy transition.
CECO Environmental commonly addresses the challenges of the renewable energy industry with clean, safe, and efficient products and solutions within our CECO family of brands shown below.