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Detailed text transcripts for TV channel - CNN - 20100210:04:39:00

In tonight s building up america report, getting jobs by going green. a state that s been crippled by the recession building up the workforce again. officials are turning to alternative energy firms. they could ploy 500,000 people over the next decade. reporter: it sounds crazy. mark holmes, a successful corporate attorney took a chance on a new career during the depths of the u.s. financial crisis. october of 2008, perfect time to start a new business. that s right. no better time. what was going on? you had to be scared? we had that major financial meltdown, and everybody was in a panic. and those were really dark days. and so we figured what better time to start a company? reporter: green wave energy was born. this is green wave energy s first product. a light pole that is powered by both the sun and the winds, ....

Going Green , Building Up America Report , Alternative Energy Firms , Mark Holmes , October Of 2008 , Yacht Manufacturing Company , The Sun , Light Pole , Green Wave Energy ,

Detailed text transcripts for TV channel - CNN - 20100210:15:55:00

Casey has more on the winds of change blowing off the california coast. reporter: it sounds crazy. mark holmes, a successful corporate attorney, took a chance on a new career during the depths of the u.s. financial crisis. october of 2008. reporter: perfect time to start a new business. that s right. no better time. reporter: what was going on? you had to be scared. we had a major financial meltdown and everybody was in a panic. those were really dark days and so we figured what better time to start a company. reporter: green wave energy was born. this is green wave energy s first product, a light pole that is powered by both the sun and the wind operating completely off of the electric grid. what s unique about this, you can see the wind turbine that s turning there. it is also on a swivel, so it can catch the wind from any direction. it has four solar panels that can catch the sun s power no matter where the sun is in the sky. green wave is funded by 33 ....

Mark Holmes , Winds Of Change , California Coast , October Of 2008 , Wind Turbine , Light Pole , The Sun , Green Wave Energy ,

Detailed text transcripts for TV channel - CNN - 20100210:04:40:00

Operating completely off of the electric grid. what s unique about this, you can see the wind turbine turning there. it is also on a swivel so it can catch the wind from any direction. it has four solar panels that can catch the sun s power no matter where the sun is in the sky. now, the electricity that is generated by this device is stored in batteries down there at the base. and it stores more electricity than it needs to operate the light. you could actually plug a small appliance into that base and run it completely off of the electric grid. reporter: green wave is funded by 33 partners who invested a little bit of cash. another suv is a makeshift wind tunnel. we have essentially an approximation of a wind tunnel without having to pay for that expensive instrumentation. and essentially what we do is drive up and down a street. why are you doing so much or your business here? well, most of my background has been working with people in ....

The Sun , Wind Turbine , Green Wave Energy , Wind Tunnel ,

Detailed text transcripts for TV channel - CNN - 20100210:19:40:00

Way to build the fiberglass. they had tough times and significant reduction of workforce and with us starting up production, they will be able to bring back a lot more folks and hopefully several hundred folks. reporter: green wave recently made the light pole sale and discussing two contracts, one that could land off of haiti. this is taking a green company from scratch and using the resources of an old-school manufacturing company and is this unique or can other companies do this? absolutely not. this is a model if anything. bringing in green technology to basically those facilities will basically bring them back to life. reporter: casey wian, newport beach, california. when we come back, i will bring you up to speed with the day s top stories right here on cn. so, what do you think? ....

Starting Up , Green Wave Energy , Light Pole , Green Technology , Casey Wian , Newport Beach ,

Detailed text transcripts for TV channel - CNN - 20100210:19:39:00

And everybody in a panic and we thought, what better time to start a company. reporter: green wave energy was born. this is the first product, a light pole powered by the sun and the wind and operating completely off of the electric grid. what is unique is that you can see the wind turbine on there turning, and it is on a swivel so it can catch the wind from any direction and it has four solar panels to catch the sun no matter where it is in the sky. green wave is funded by 33 partners who have invested cash and $33 million in products and services. one partner s shipping yard serves a as lab, while another s suv is a makeshift wind tunnel. we have approximately a wind tunnel without having to pay for the expensive instrumentation, and we essentially drive up and down the street. reporter: and another yacht builder has found an inexpensive ....

The Sun , Green Wave Energy , Light Pole , Wind Turbine , Solar Panels , Wind Tunnel , 33 Million , 3 Million , The Street , Yacht Builder ,