Global demand for renewable energy has never been greater and ECOtality seeks to capitalize on this by funding and promoting new and emerging technologies. They are doing this through strategic partnerships, alliances and acquisitions with manufacturing companies. Then they market and grow the clean technologies worldwide.
Through its partnerships, acquisitions, and alliances they generate revenue from licensing fees and royalties. To achieve this clean energy, technologies are commercialized to be made available to manufacturing companies worldwide. Alternative clean energy awareness and acceptance is vital as they try to modify consumption behavior to a more environmentally conscious one in addition to making the technologies economically feasible.
The company currently manages three companies and a number of clean energy technologies. Hydrality, a technology owned by the company, produces hydrogen with readily available materials, magnesium and water, in an environmentally safe way. The company also possesses America’s first Hydrogen powered bus.
Another company owned by them is Innergy Power, an American manufacturer of renewable solar modules and batteries. They also operate a Fuel cell store that sells globally to Japan, Russia, Italy, and Portugal. Its subsidiary Etec is a recognized leader in transportation energy systems and is involved in a number of batter charging infrastructures for vehicles.
In addition to these technologies and companies, ECOtality also manages a clean energy website designed to promote awareness of Green products. This diverse portfolio of green companies and technologies puts them on the leading edge of the environmental conservation movement.
With the concerns of Global Warming ever-increasing and as people become more and more concerned with the well being of the Global environment, ECOtality continues to see its market grow. It is apparent that they are making progress towards creating a balanced relationship between energy and the environment furthering the Green technologies of today and tomorrow.
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