6 Clean Energy Supplying Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Clean Energy Supplying Business

Here are some real life success stories of starting a clean energy supplying business:

1. KelTech IoT ($1.8M/year)

Mark Kellett, founder of KelTech IoT, came up with the idea for his business after experiencing the challenges of building advanced Telecoms and Energy Networks. He saw that the existing approaches were leading to a growth in energy and resource consumption, which inspired him to create more efficient and sustainable solutions. The company has already won accolades, including coming 1st out of 800 entrants in a Global Utility Start-up competition and being asked by Amazon to showcase their solution at the finals of their Clean Energy Accelerator.

How much they make: $1.8M/year
How much did it cost to start: $2M
Current team size: 12

On Building The Next Generation Communication And Energy Network Infrastructure

KelTech IoT founder Mark Kellett shares insights on building a next-generation energy and infrastructure company bridging the energy and telecoms gap by creating more efficient and sustainable solutions as network demands increase in the age of IoT, with projected revenues expected to be greater than $100M after 5 years.

About

Mark started KelTech IoT almost 5 years ago

Revenue

Mark grew the business to $150K/month

Costs

It cost Mark $2000000 to start the business

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