Clean Technology Landscape

A comprehensive look at the innovations driving the global transition to a sustainable, low-carbon economy.

Renewable Energy

Solar Photovoltaics & Concentrated Solar

Solar energy has become the cheapest source of new electricity generation in most of the world. Photovoltaic (PV) technology converts sunlight directly into electricity, while concentrated solar power (CSP) uses mirrors to drive thermal generators.

  • Global solar capacity exceeded 1,600 GW in 2024, generating over 6% of world electricity
  • Module costs dropped from $4.60/watt in 2010 to under $0.20/watt today
  • Perovskite and tandem solar cells promise efficiencies beyond 30%
  • Bifacial panels and floating solar are unlocking new deployment opportunities
  • Solar-plus-storage systems are increasingly cost-competitive with natural gas peakers
Renewable Energy

Onshore & Offshore Wind Power

Wind power is one of the fastest-growing energy sources on Earth. Modern turbines can exceed 15 MW of capacity each, and offshore wind farms are scaling to gigawatt-level projects with dramatic cost reductions.

  • Global installed wind capacity surpassed 1,000 GW in 2024
  • Offshore wind costs have fallen by 60% in the past decade
  • Floating offshore wind opens access to deep-water sites worldwide
  • Next-generation turbines feature blades over 100 meters long
  • Wind energy avoids approximately 1.2 billion tonnes of CO₂ annually
Grid Infrastructure

Battery & Energy Storage Systems

Energy storage is the critical enabler for a renewable-powered grid. Lithium-ion batteries dominate the market, but emerging technologies like solid-state, iron-air, and flow batteries are poised to transform long-duration storage.

  • Li-ion battery pack costs have fallen 97% since 1991, now below $140/kWh
  • Grid-scale battery storage deployments doubled year-over-year in 2024
  • Solid-state batteries promise 2× energy density with improved safety
  • Iron-air and sodium-ion technologies target affordable 100+ hour storage
  • Vehicle-to-grid (V2G) technology turns EVs into distributed energy resources
Expanding Frontiers

More Clean Technologies

Beyond renewables, clean technology spans transportation, industry, agriculture, and the built environment.

Electric Vehicles

EVs are reshaping the automotive industry with zero tailpipe emissions. Battery costs are plummeting, ranges exceed 300+ miles, and charging infrastructure is expanding rapidly worldwide. Over 14 million EVs were sold globally in 2024.

Green Hydrogen

Produced via electrolysis powered by renewable energy, green hydrogen can decarbonize heavy industry, shipping, aviation, and long-haul transport. Electrolyzer costs are dropping as scaling accelerates across Europe, Asia, and the Americas.

Carbon Capture & Storage

CCS and direct air capture (DAC) technologies remove CO₂ from industrial emissions or directly from the atmosphere. While still scaling, they're critical for hard-to-abate sectors like cement, steel, and chemical production.

Marine & Tidal Energy

Ocean-based energy technologies harness waves, tides, and thermal gradients. While earlier in development than wind or solar, marine energy offers predictable, high-energy-density generation potential for coastal communities.

Advanced Nuclear

Small modular reactors (SMRs) and next-generation designs like molten salt reactors offer carbon-free, dispatchable baseload power. Several nations are advancing SMR deployments for the late 2020s with improved safety and economics.

Agritech & Biotech

Precision agriculture, vertical farming, lab-grown proteins, and bio-based materials are reducing agriculture's environmental footprint while improving yields and nutritional outcomes for a growing global population.

Comparison

Technology at a Glance

How key clean energy technologies compare across cost, maturity, and scalability.

Technology LCOE ($/MWh) Maturity CO₂ Reduction Potential Scalability
Solar PV (Utility) $20–$50 Mature Very High Very High
Onshore Wind $25–$55 Mature Very High High
Offshore Wind $50–$90 Mature Very High High
Battery Storage $120–$180/kWh Growing High (Enabler) Very High
Green Hydrogen $3–$6/kg Emerging Very High Medium
Small Modular Reactors $60–$100 Pre-commercial Very High Medium
Carbon Capture (DAC) $200–$600/tonne Early High Low (Scaling)
Geothermal $40–$80 Mature High Site-dependent

See How These Technologies Are Changing the World

Explore the real-world environmental and economic impact of clean technology deployment at scale.