Clean Energy Technologies Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The clean energy technologies market size has grown strongly in recent years. It will grow from $461.49 billion in 2024 to $501.11 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing global awareness of climate change and the need for decarbonization, government policies and regulations, rising demand for electricity and energy security, and declining costs of clean energy technologies.

The clean energy technologies market size is expected to see strong growth in the next few years. It will grow to $656.71 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to increasing demand for renewable energy sources, expansion of renewable energy capacity, investments in clean energy manufacturing and supply chains, the impact of climate legislation, and the rise of corporate sustainability initiatives. Major trends in the forecast period include digitalization and ai integration, energy storage advancements, continued cost reduction, hydrogen economy development, smart grid technologies.

The increasing environmental concerns are expected to propel the growth of the clean energy technologies market. Environmental concerns refer to issues, challenges, or problems related to the state of the natural environment and its impact on ecosystems, human health, and the overall well-being of the planet. These concerns encompass a wide range of topics, including pollution, climate change, deforestation, loss of biodiversity, habitat destruction, depletion of natural resources, waste management, and environmental degradation caused by human activities. Clean energy technologies play a crucial role in addressing environmental concerns by aiming to reduce greenhouse gas emissions and other pollutants and to reduce the dependence on fossil fuels, which are finite and contribute to climate change. For instance, in October 2023, according to the World Health Organization, a Switzerland-based specialized agency, it is estimated that around 3.6 billion people already live in areas highly susceptible to climate change. In addition, between 2030 and 2050, climate change is expected to cause approximately 250,000 additional deaths per year. Therefore, increasing environmental concerns are expected to propel the growth of the clean energy technologies market.

Major companies operating in the clean energy technologies market are focusing on technology launches such as the lifespan digital suite to meet the growing demand for clean energy technologies. Lifespan, a digital product portfolio, marks a significant step towards enabling customers to optimize renewable energy resources. Lifespan appears to be a comprehensive suite of digital solutions aimed at enhancing the efficiency, performance, and longevity of renewable energy assets. For instance, in May 2022, General Electric Company, a US-based renewable energy company, launched Lifespan, a new digital product portfolio enabling customers to optimize renewable asset performance and operations across their fleet. The Lifespan suite of products is fully integrated, technology-agnostic, and designed side-by-side with operators to drive improved operations.

In October 2022, Masdar, a United Arab Emirates (UAE)-based renewable energy company, acquired Arlington Energy for an undisclosed amount. Through this acquisition, Masdar enables the development, construction, operational management, and financing of renewable energy storage projects under the Masdar-Arlington platform. Arlington Energy is a UK-based clean energy technology company that specializes in managing battery storage, gas peaking, and large-scale solar PV sites.

Major companies operating in the clean energy technologies market are Enel Green Power S.p.A., Tesla Inc., Mitsubishi Heavy Industries Ltd., NextEra Energy Inc., Alstom SA, Shanghai Electric Group Company Limited, Trina Solar Limited, Vestas Wind Systems A/S, General Electric Renewable Energy, JinkoSolar Holding Co. Ltd., Ørsted A/S, China National Nuclear Corporation, Siemens Gamesa Renewable Energy S.A., JA Solar Holdings Co. Ltd., Dongfang Electric Corporation Limited, Canadian Solar Inc., Xinjiang Goldwind Science & Technology Co. Ltd., Brookfield Renewable Partners L.P., First Solar Inc., SolarEdge Technologies Inc., SunPower Corporation, Suntech Power Holdings Co. Ltd., LDK Solar Co. Ltd., Yingli Green Energy Holding Company Limited, Envision Energy Co. Ltd., Shanghai Taisheng Wind Power Equipment Co. Ltd.

Asia-Pacific was the largest region in the clean energy technologies market in 2024. The regions covered in the clean energy technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the clean energy technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The clean energy technologies market includes revenues earned by entities by providing consulting and advisory services, project development and management, and installation and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Clean energy technologies refer to a broad spectrum of technologies and practices that enable the generation, distribution, storage, and efficient use of energy from renewable and sustainable sources while minimizing environmental impact. The goal of these technologies is to replace conventional energy sources, which cause climate change by releasing greenhouse gases into the atmosphere.

The main types of clean energy technologies are clean coal technology, wind energy, solar energy, and nuclear energy. Clean coal technology refers to a set of methods and equipment used to reduce the environmental impact of coal-based energy generation by minimizing emissions of pollutants like sulfur dioxide and nitrogen oxides. It uses technologies such as hydropower, clean coal, wind, solar, and others and used in industrial, residential, commercial.

The main types of clean energy technologies are clean coal technology, wind energy, solar energy, and nuclear energy. Clean coal technology refers to a set of methods and equipment used to reduce the environmental impact of coal-based energy generation by minimizing emissions of pollutants like sulfur dioxide and nitrogen oxides. It uses technologies such as hydropower, clean coal, wind, solar, and others and used in industrial, residential, commercial.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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