Actually, Clean Tech Investment is Still Going Strong

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A staff member produces heterojunction photovoltaic module products at a production workshop of a company in Zaozhuang Economic Development Zone, east China's Shandong province, on Feb 28

A staff member produces heterojunction photovoltaic module products at a production workshop of a company in Zaozhuang Economic Development Zone, east China's Shandong province, on Feb 28If you read a selection of recent headlines about clean technology in the U.S., it would be easy to think that the sector is in a free fall. ESG investors arepublished Feb. 29 by the Rhodium Group and MIT shows record clean technology investment in the U.S.

one in five vehicles sold globally last year was an EV. And investment in the EV supply chain expanded rapidly, a signal that investors remain confident in the long-term future of zero-emissions vehicles. Nonetheless, the report also highlighted more challenging areas. Investment in wind declined nearly 40% in the fourth quarter compared to 2022, a reflection at least in part of persistent supply chain issues. And investment in heat pumps and home energy solutions like solar and batteries, key signals of consumer commitment to the green transition, remains flat to down.

 

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