Current-gen renewables

Established renewable energy technologies for a greener future

Overview

Current generation (current-gen) renewable technologies refer to conventional sustainable energy sources—such as solar, wind, hydro, and bioenergy—that have gained significant traction over the past two decades. These technologies have experienced significant cost reductions and efficiency improvements, making them increasingly cost-competitive with fossil fuels. Several niche areas within the renewables space, such as community solar developers and new business models in renewable energy distribution, are also covered. Most governments worldwide have implemented policies and regulations to encourage the deployment of renewable energy, such as feed-in tariffs, renewable portfolio standards, and tax incentives. Global agreements, such as the Paris Agreement, have also set ambitious targets to reduce greenhouse gas emissions, encouraging countries to increase their renewable energy capacity.

Note: Additional sections (such as market sizing, detailed overview, and incumbents) can be provided on request.

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Solar equipment manufacturers
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Solar project developers and operators
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Solar+Storage project developers and operators
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Community solar developers and operators
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Wind energy equipment manufacturers
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Wind project developers and operators
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Hydropower equipment manufacturers, developers, and operators
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Bioenergy developers and operators
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Renewable energy brokers
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Renewable energy installers
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Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure
Infrastructure

The Disruptors


Funding History

Notable Investors


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Industry scope

This industry focuses on the following:
  1. Manufacture of solar panels, inverters, and other equipment needed for residential rooftop installations and utility-scale solar projects
  2. Pure-play solar project developers, operators, and maintenance companies
  3. Development, operation, and maintenance of battery energy storage systems (BESS) in conjunction with solar projects
  4. Facilitation of solar power generation through shared solar or solar gardens and distribution of the energy generated to multiple customers
  5. Manufacture of wind turbines, towers, blades, and other related systems
  6. Development and operation of onshore wind farms
  7. Manufacture of hydroelectric turbines and development of hydropower plants
  8. Development and operation of facilities to convert organic waste streams into renewable energy
  9. Renewable energy brokerage and consulting services
  10. Site evaluation, installation, and maintenance services for residential, commercial, and industrial applications
However, we exclude the following areas when selecting companies for this industry:
  1. Manufacture of next-generation renewable energy equipment such as floating solar photovoltaic, perovskite photovoltaics, airborne wind turbines, bladeless and wind turbines (covered under the Alternative Energy hub)
  2. Manufacture of BESS (covered under the Alternative Energy hub)
  3. Development and operation of next-generation renewable energy projects such as floating solar and offshore wind as well as disruptive technologies such as geothermal, fusion, wave, tidal, and ocean thermal energy (covered under the Alternative Energy hub)
  4. Software that monitors and optimizes the performance of renewable energy assets, battery management solutions, and solutions that support the energy grid (covered under the Energy Optimization & Management Software hub)
Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage. For the list of industries in our coverage, please visit https://sp-edge.com/industries.
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