Genesis Commercial Capital Forms Green Team to Kick Off Numerous New Projects Situated in Orange County, CA, Genesis Commercial Capital has introduced a fresh project to commit resources to the rapidly growing Clean-Tech industry. This specialized niche is actually offering a steady flow of income and job growth nationally in a time when job losses and company downsizing are at the forefront of newspaper and TV reporting. Clean Technology is the all round use of services and equipment that produce better use of the environment and have the power to generate renewable, cleaner and even more productive uses of energy globally.
This includes more energy efficient lighting, electric vehicles, wind, and solar uses. Genesis got its start in Clean-Tech by partnering with distinct companies to assist them to sell and put in place high efficiency lighting in the Southern California region. With rebates being offered from SCE and other organizations Genesis Commercial Capital has been able to fund energy savings equipment and lighting to customers who desired to take action into this arena at the same time saving money and strengthening the environment.
Orange County, CA, was a pioneer in the United States in the growth and development of this sector and it is currently growing over 8 times faster than the other parts of the economy. In OC alone close to 25,000 people are working in the industry and it is growing nationwide at a breakneck pace. Initially fueled by the environmentally modern private equity firms and venture capitalists, the clean-tech industry is now on its way to becoming a more mainstream and self-functional industry. There is now a focus on academics to get backgrounds in engineering, chemistry, biology, marketing, and business finance specific to this area.
Genesis Commercial Capital has recognized over several years of investing in the industry that it is a strong portfolio performer and that as of this moment it’s still somewhat on the ground floor. There are a numerous new programs for businesses seeking to expand and venture into natural gas, LED Lighting, and wind/solar and the current administration is promoting industry growth as well. The solar industry alone is anticipated to achieve heights well over $110 billion by the year 2020. In the entire year 2000 solar accounted globally for an estimated $2.5 billion. Simply put the market is getting sizeable traction and Genesis chooses to be a position player within this niche as it begins to explode in the next several years.
Genesis Commercial Capital’s new Green Team will focus extra attempts and funding towards sustainable energy and efficient lighting and will expand into additional areas to expand growth. Genesis Commercial Capital will look to partner with vendors and sellers of equipment used in this industry to present competitive programs to end-users that have not been able to get any traditional funding for this space. By growing into this industry with a more and more focused effort Genesis Commercial Capital plans to become a leader in the development and growth of the companies at the forefront of new discoveries and advancements. Just as the boom took place in the 90’s Genesis Commercial Capital believes that Clean-Tech may be the next up and coming industry with a high growth trajectory.