In the literature, the emission of radiation at 2&ohgr;e, where &ohgr;edenotes the electron plasma frequency, is usually explained as having been produced by the nonlinear interaction of two Langmuir waves via a backscattering process. Since the emission is frequently observed in solar radio bursts, the mechanism has attracted considerable theoretical interest. In the present paper a model is proposed based on a synchrotron‐maser instability excited by a hollow beam of moderately relativistic electrons in a plasma, in which the plasma frequency is much higher than the gyrofrequency. An important conclusion is that, as a result of this instability, unpolarized electromagnetic waves with frequencies near 2&ohgr;emay be amplified.