AMREC
AMREC (American Renewable Energy Corporation) is a privately held Dover, Delaware-based pre-commercial renewable energy company holding a global patent on a horizontal axis troposkein tension blade wind turbine, targeting sovereign B2G power purchase agreements — primarily in Latin America — alongside research, deployment, and franchise-based distribution.
- Company typePrivate
- Founded-
- HeadquartersDover, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What AMREC does
AMREC (American Renewable Energy Corporation) is a privately held, pre-commercial renewable energy company headquartered in Dover, Delaware, operating under the legal entity AMREC Holdings Inc. The company's core technology is a horizontal axis troposkein tension blade fluid turbine design for wind energy generation, which it claims is protected by a granted global patent and characterized by its ability to operate stably in sub-zero temperatures per disclosed cold-weather testing. Beyond the patented turbine, AMREC describes its offering as three integrated service lines — Research (innovation and technology development), Deployment (business strategy implementation), and ongoing Product Service — and has publicly stated an intent to broaden into multiple clean, renewable energy sources beyond wind. The company also references blockchain technology for transparent process management across its operations, though no technical detail on the implementation is disclosed.
AMREC's commercial strategy is anchored on direct, government-level engagement rather than a scaled enterprise or consumer sales motion. Disclosed GTM activities include in-person meetings with the Vice President of Honduras around a prospective power purchase agreement, a Vatican City meeting between Director of Latin American Operations Jose Gomez and Pope Francis, an MOU with a 50-year-old global engineering firm in Venezuela to support 500 planned engineering hires for Latin America, main sponsorship of the 2018 Blockchain Nation Conference, and community-investment sponsorships of athletes (MYDANIELA, Viktoriya Koltunova). Distribution is multi-channel: direct government outreach, a website inquiry portal with dedicated forms for Investor Relations, Product Inquiry, Franchise, Employment, and General Questions, and a stated franchise model for regional deployment. The only named prospective customer is the Government of Honduras; no closed commercial PPA, no disclosed revenue, no disclosed headcount, no funding rounds, and no institutional investors appear in the available data.
The leadership team disclosed is minimal: CEO Andrew Velenchik publicly represents the company, with Jose Gomez as Director of Latin American Operations. The company operates as a founder/privately-controlled entity with no evidence of public listing, venture capital backing, parent company relationship, or material ownership changes. Public-facing technical and management disclosures on the company website include placeholder Lorem ipsum text in executive biography sections, which, alongside the absence of any disclosed commercial deployments, customer revenue, or capital raises, is consistent with an early-stage, pre-revenue profile rather than a commercially active operating business.
AMREC firmographics
Firmographics- Name
- AMREC
- Legal name
- AMREC Holdings Inc.
- Website
- https://amrec.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AMREC (American Renewable Energy Corporation) is a privately held Dover, Delaware-based pre-commercial renewable energy company holding a global patent on a horizontal axis troposkein tension blade wind turbine, targeting sovereign B2G power purchase agreements — primarily in Latin America — alongside research, deployment, and franchise-based distribution.
- Ownership category
- akta.pro rank
AMREC industry classification
Industry- Product category
- Wind Energy Generation
- NAICS
- Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)
- SIC
- Engines & Turbines (3510)
- akta.pro industry
- Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls)Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Wind Energy (Onshore & Offshore)Wind Turbine OEM Manufacturing (Nacelles, Drivetrains, Generators)Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Renewable Equipment & Component Manufacturing (Modules, Turbines, Inverters, Towers, Blades)Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts)Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Renewable Energy Technology Innovation (R&D & Emerging Tech)Wind Power Plant EPC (Onshore/Offshore)Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Power Generation EPC & Construction
Keywords
Where AMREC is headquartered
LocationHeadquarters
- HQ city
- Dover
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AMREC business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Wind Energy Technology Licensing and Deployment: AMREC deploys its proprietary wind energy technology globally. Revenue is generated through the implementation and service of its wind energy systems, including research, deployment, and ongoing service components.
- Power Purchase Agreements: AMREC pursues power purchase agreements (PPAs) with national governments for energy production. The Vice President of Honduras indicated intentions to sign a PPA with AMREC, suggesting a B2G revenue model based on energy supply contracts.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
AMREC product offering
Product offeringCore offering
AMREC designs, develops, and deploys proprietary wind energy generation systems built around a patented horizontal axis troposkein tension blade fluid turbine. The company bundles its patented turbine technology with research, deployment, and ongoing product service capabilities to deliver cost-effective clean energy solutions to national governments and enterprise customers under power purchase agreements.
Product overview
AMREC (American Renewable Energy Corporation) is a cutting edge renewable energy innovator with a single unified product offering focused on wind energy technology. The company holds a global patent on the world's safest, most efficient, and most cost-effective wind energy technology featuring a horizontal axis troposkein tension blade fluid turbine design. Beyond their core patented technology, AMREC provides integrated services including Research (innovation and technology development), Deployment (business strategy implementation), and ongoing Product Service (maintenance and support). While AMREC intends to expand into multiple sources of clean, renewable energy, their current primary product is the wind energy technology system, supplemented by their service offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Wind Energy Technology Proprietary, globally patented wind energy generation system based on a horizontal axis troposkein tension blade fluid turbine design. Sold and deployed to national governments and enterprise buyers seeking cost-effective, subsidy-independent clean energy.
- Research Services Ongoing R&D into existing and ground-breaking renewable energy technologies and advancement of secondary education in renewable energy, supporting AMREC's patented wind energy platform.
- Deployment Services Implementation of AMREC's business strategy using cutting-edge, transparent processes to deploy wind energy technology and deliver high-quality clean energy projects to customers.
- Product Service Wide range of supporting products and services to ensure the ongoing operation and future of AMREC's wind energy systems, underpinning the company's mission of delivering cost-effective, clean energy solutions.
Quantifiable outcome
- Stable performance at sub-zero temperatures demonstrated through successful cold weather testing
Companies that use AMREC
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
AMREC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
AMREC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Global Engineering Firm (Venezuela)coreAMREC signed an MOU with a reputable 50-year-old global engineering firm with offices in Venezuela. The firm will supply, oversee, and manage local staffing needs as part of AMREC's Latin American expansion, which includes creating 500 engineering jobs in the region.
- Crypto World JournalcoreAMREC was the main sponsor at the Blockchain Nation Conference organized by Crypto World Journal in April 2018. AMREC utilizes blockchain technology for transparent and efficient process management. Crypto World Journal's mission of supporting education, advancing innovation, and encouraging entrepreneurship aligns with AMREC's mission. The partnership provides AMREC high-visibility exposure alongside major corporations including Citi, Deloitte, HSBC, IBM, MasterCard, Oracle, RBC, Tata, and UBS.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
AMREC competitors and assessment
Company assessmentBroad incumbents
- Envision Energy: Chinese wind turbine OEM and smart energy management provider with global operations including Latin American projects. Comparable in product category (utility-scale wind turbines) and overlapping target customer base in emerging markets.
- Goldwind: Chinese wind turbine OEM and one of the world's largest by installed capacity, with strong presence across emerging markets including Latin America. Comparable as a wind turbine OEM actively competing for Latin American government contracts AMREC is targeting.
- Nordex Group: European wind turbine OEM focused on onshore turbines including cold-climate and low-wind-speed variants. Directly comparable product category to AMREC's patented turbine, and its cold-climate variants represent head-to-head competition in northern markets.
- Siemens Gamesa (Siemens Energy): Major wind turbine OEM with onshore and offshore product lines and global deployment footprint. Comparable in product category (utility-scale wind turbines) to AMREC's patented design, but operating as an established incumbent with full EPC and service capabilities.
- GE Renewable Energy: GE's wind turbine OEM business producing onshore and offshore turbines including cold-climate variants. Comparable in offering (wind turbine systems) and broad market reach, competing for the same government and utility customers AMREC is pursuing.
- Vestas: World's largest wind turbine OEM, manufacturing onshore and offshore turbines with global patent and reference portfolio. Directly comparable to AMREC's wind turbine OEM business model, but at vastly greater scale and with full commercial deployment history.
- Enercon: German wind turbine OEM with proprietary direct-drive gearless turbine technology and strong European installed base. Comparable as a wind turbine OEM with proprietary differentiated technology, similar in narrative positioning to AMREC's patent-led approach.
Emerging players
- Bergey Windpower: Smaller US-based wind turbine manufacturer focused on distributed and small-scale wind applications. Comparable in scale and as a differentiated-technology wind OEM, with established commercial deployments and reference customers.
- Northern Power Systems: US-based wind turbine manufacturer with a permanent-magnet direct-drive design targeting cold-climate and distributed applications. Comparable as a small differentiated wind OEM with a proprietary architecture, similar market positioning to AMREC's patented design.
Regional players
- MingYang Smart Energy: Chinese wind turbine OEM with strong presence in emerging markets including Latin America and a focus on offshore and large-scale turbines. Comparable in product category and overlapping target geographies with AMREC's Latin American PPA strategy.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
AMREC social profiles
Digital presenceAMREC financial estimates
Financial estimateRevenue estimate
Valuation estimate
AMREC leadership team
Management profileNumber of profiles
Profiles2 records
AMREC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AMREC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AMREC
What does AMREC do?
AMREC designs, develops, and deploys proprietary wind energy generation systems built around a patented horizontal axis troposkein tension blade fluid turbine. The company bundles its patented turbine technology with research, deployment, and ongoing product service capabilities to deliver cost-effective clean energy solutions to national governments and enterprise customers under power purchase agreements.
Is AMREC a public or private company?
AMREC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AMREC founded?
AMREC was founded in -1. It employs 51 to 100 people.
Where is AMREC based?
AMREC is headquartered in Dover, United States, in the North America region.
How does AMREC make money?
Two revenue lines are on record. Wind Energy Technology Licensing and Deployment is the primary driver. The others are power Purchase Agreements.
Who are AMREC's main competitors?
Broad incumbents on record are Envision Energy, Goldwind, Nordex Group, Siemens Gamesa (Siemens Energy), GE Renewable Energy, Vestas and Enercon. Emerging players are Bergey Windpower and Northern Power Systems. MingYang Smart Energy is listed as a regional player.
Does AMREC have an API?
No public API is recorded for AMREC.
What industry is AMREC in?
AMREC's product category is Wind Energy Generation. Its primary akta.pro industry code is EUAMACAC, Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls), with a secondary code of EUAMAHAD, Wind Turbine OEM Manufacturing (Nacelles, Drivetrains, Generators). Its NAICS code is 333611 and its SIC code is 3510.