Thomas Neyhart talks about Solar Energy and Energy Efficiency Company: PosiGen

PosiGen is a renewable energy and energy efficiency company with significant wind and solar energy investments. The company is headed by a former Chevron executive who previously led energy efficiency and renewable energy at General Electric. Thomas Neyhart is now the CEO of PosiGen.

 

Led by Thomas Neyhart, PosiGen’s portfolio of investments includes:

 

– New ventures in the wind and solar energy, both in the United States and abroad

 

– Companies involved in the production of liquid and solid fuels, like oil, gas, and coal

 

– And businesses or enterprises, small or large that specialize in waste management, like Waste Management and Energy Recovery

 

Thomas Neyhart: Success of PosiGen

PosiGen is a very young company, and it’s still finding its feet. However, it has made some impressive moves in the past year. It raised $1 billion in funding from investors, including notable investors like the Blackstone Group, the Carlyle Group, and Temasek. Thomas Neyhart recalls that it also formed a partnership with South Korean company WTRK to produce renewable energy in the United States.

 

What Next for PosiGen?

PosiGen’s strategy is to position itself as the leading energy company in the United States. This will require it to win over investors, who will then be responsible for the company’s successful growth. Along with that, success will also depend on the success of other companies in the renewables industry. For Thomas Neyhart, while it’s too early to tell how well the solar industry will do in the long run, companies like PosiGen can thrive in the solar energy industry with the right strategy and support.