This paper presents a summary review on the applications of nanotechnology in the manufacturing of renewable energy production and storage devices. The use of carbon nanotubes (CNTs) and graphene nanosheets (GNSs) to improve the performance and durability of wind turbine and wave rotor blades will be reviewed. While GNS are primary used for the performance enhancement of the resin system to manufacture Nanoresins, CNT-Nanoforests and Nanofilms are used to improve the performance of fiber systems in a high-performance Nanocomposites. Next, the use of CNTs and GNSs in the manufacturing of other renewable energy production devices; such as, proton exchange membrane fuel cells (PEMFCs) and polymer solar cells as well as renewable energy storage devices; such as, batteries and supercapacitors to improve their performances, efficiencies, and durability while reducing their costs, weights, and sizes will be reviewed.