Contrary to popular belief that Cleantech was just a buzzword of the previous decade, it is continuing to grow in both the developed and developing markets, and sector is gaining its momentum by the day. Cleantech encompasses a broad spectrum of energy, material, and resource efficiency as well as adaptation technology compared to a single point of focus on renewable energy.
One of the significant factors behind the increasing momentum of Cleantech is the growing investment in the sector from developed countries. Even though Cleantech investments have taken a backseat in the Asian market right now, their governments are continuing to push for ambitious plans pertaining to large scale sustainable developments. For instance, China has incorporated mitigating climate change into its core economic strategy by investing USD 850 billion to improve water supplies and USD 283 billion to curb air pollution. Especially, today, in the wake of COVID-19, where the oil and gas industry is taking a hit, clean and sustainable energy solutions are being looked upon as a boon.
A major thrust in the Cleantech sector, presently, is coming from the rising adoption of electric vehicles. Major tech companies are investing in the development of electric vehicles, whereas several Cleantech startups are emerging with innovative and sustainable solutions. These startups are innovating to bringbmore sustainability in different industries by reducing energy usage, developing more affordable renewable energy solutions, and introducing greener mobility services.
At this juncture, there is a wide variety of Cleantech startups are entering the industry with a set of advanced and integrated offerings. To help companies navigate through Cleantech startups, StartupCity has compiled a list of top 10 CleanTech startups. The enlisted organizations are transforming the clean technology landscape at the intersection of various disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you StartupCity’s “Top 10 CleanTech Startups in Europe and UK – 2020.”