Manya Rathore
Research expert covering India
Global cleantech manufacturing - statistics & facts
Investments in cleantech manufacturing have soared worldwide, with these technologies set to play a pivotal role in the world’s global push toward decarbonization, energy security, and economic development. Manufacturing capacities of key energy transition technologies are also expanding rapidly. The manufacturing capacity of solar PV alone has risen more than tenfold in the past decade to five gigawatts in 2024. With China currently dominating the market by far, other regions are now trying to bridge the gap and boost their domestic capacities.
