Clean-Tech Economic Boom

Global Clean-Tech Race Reshapes Industries Amid Surging Investments in Renewable Energy

The accelerating clean-tech transition is reshaping manufacturing and economic competition, as rising electric-vehicle sales and investment in batteries, renewables and digital energy systems increase pressure on factories and power grids to use resources more efficiently. Countries are pursuing different strategies: China pairs extensive clean-tech manufacturing and rapid electrification with continued coal dependence, while the United States’ manufacturing investment momentum has been affected by a rollback of federal subsidies; European countries are building strengths in areas such as electric vehicles, wind and batteries. South Korea’s plans to expand carbon-free power and modernize its grid could create opportunities for clean-tech firms specializing in storage, grid software and energy management. Meanwhile, analysts see potential for a larger cleantech supply chain in Italy and Europe, with investment increasingly spanning batteries, renewables and industrial decarbonization; a Canadian climate-tech discussion also frames attracting investment as a possible driver of the clean-energy transition.

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