November 30, 2025

10 Fastest Growing Clean Energy Tech Companies and Startups

Discover the 10 fastest growing clean energy tech companies and startups in 2024-2025, from solar and battery storage leaders to electric aviation pioneers, backed by billions in venture capital funding.
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Table of Contents

Major Takeaways

What makes clean energy tech companies the fastest growing in 2024-2025?
These companies demonstrate exceptional growth through metrics like 127.78% year-over-year battery storage growth, 88% solar capacity expansion, and massive funding rounds exceeding $500 million, combined with proven technology differentiation and strong market demand.
Which sectors within clean energy are experiencing the most explosive growth?
Battery storage leads with 127.78% year-over-year growth, followed by solar manufacturing benefiting from 88% capacity increases, and AI-powered energy infrastructure as 22% of clean energy investments now incorporate AI technologies.
How are investors responding to clean energy startups?
Clean energy startups raised $11.6 billion in venture capital in 2024, with an 8% increase more than double the 3% rise in overall VC investments, and multiple companies achieved unicorn status through Series C and D rounds exceeding $500 million.

The clean energy transition is accelerating at unprecedented speed. While AI dominated headlines in 2024, clean energy startups quietly raised $11.6 billion in venture capital, with some companies achieving unicorn status in under two years. As solar generation surged 31% and renewables overtook coal for the first time in history, a new wave of clean energy tech companies is racing to redefine our power systems. For go-to-market teams targeting this high-growth sector, identifying the right decision-makers at these funded companies requires more than traditional databases. Platforms like Landbase enable teams to find and qualify prospects at these fastest-growing clean energy companies using natural-language prompts like "CEOs at recently funded clean energy startups in the US," delivering AI-qualified audiences ready for immediate outreach.

Key Takeaways

  • Clean energy startups raised $11.6 billion in 2024, with the 8% increase more than double the 3% rise in VC investments across all sectors
  • Battery storage grew 127.78% year-over-year in H1 2025, driving massive valuations for storage-focused companies
  • US solar capacity grew 88% to 18.6 GW in 2024, benefiting manufacturers and enabling software platforms
  • 22% of investment in clean energy startups in 2024 incorporated AI, creating new opportunities at the intersection of AI and energy
  • Fastest-growing companies span solar, wind, storage, geothermal, electric aviation, and AI-powered energy intelligence
  • Multiple companies secured significant funding rounds, with Aurora Solar raising $523 million and Solugen raising over $600 million

1. Crusoe Energy Systems — AI-Powered Energy Infrastructure Pioneer

What They Do:

Crusoe Energy Systems builds AI data center infrastructure powered by stranded energy sources that would otherwise be wasted. The company monetizes flared natural gas and other underutilized energy sources to power compute-intensive AI workloads, effectively creating a carbon-negative solution for the booming AI infrastructure market.

Why They're Growing Fast:

  • Closes $600 million in Series D
  • Addresses the massive energy consumption requirements of AI data centers with sustainable solutions
  • Part of the growing trend of AI-powered energy infrastructure valued at billions

Industry Importance:

Crusoe Energy represents a groundbreaking approach to solving two of the biggest challenges in tech: the massive energy consumption of AI data centers and the waste of stranded energy resources. By creating carbon-negative compute infrastructure, the company enables AI development while simultaneously reducing environmental impact, making it a critical enabler of sustainable AI growth

Leadership:

  • CEO: Chase Lochmiller – Pioneering carbon-negative compute infrastructure
  • Key Background: Serial entrepreneur focused on energy innovation and sustainability

Valuation: $2.8 billion | Founded: 2018

Recent Funding: $600 million Series D (December 2024)

2. Base Power — Residential Energy Storage Innovator

What They Do:

Base Power develops residential energy storage solutions that help homeowners achieve energy resilience and independence. The company's battery systems integrate with solar panels and the grid to provide backup power during outages and optimize energy usage based on time-of-use pricing and grid conditions.

Why They're Growing Fast:

  • Targets the rapidly growing home energy storage market driven by grid resilience needs
  • Positioned in Texas, a state with the highest energy storage deployment and deregulated market advantages
  • Capitalizes on battery storage sector experiencing 127.78% growth year-over-year

Industry Importance:

Base Power addresses the critical need for residential energy resilience as climate-related grid outages become more frequent. The company's solutions enable homeowners to maintain power during emergencies while supporting grid stability through distributed storage capacity. With battery storage demand surging alongside renewable energy adoption, Base Power's residential focus positions it at the forefront of the distributed energy revolution.

Leadership:

  • CEO: Zach Dell – Driving residential energy independence revolution
  • Key Background: Technology investor and entrepreneur focused on energy transformation

Valuation: $4 billion | Founded: 2022

Recent Funding: $1 billion Series C (October 2025)

3. NextEra Energy — Utility-Scale Clean Energy Leader

What They Do:

NextEra Energy operates as the largest clean energy provider in the United States, developing, constructing, and operating utility-scale solar and wind projects across North America. The company also operates Florida Power & Light, one of the largest rate-regulated electric utilities in the country.

Why They're Growing Fast:

  • 9.4% year-over-year earnings increase in Q2 2025
  • Expanding renewable energy backlog to 30 GW, including 3.2 GW of new projects in 2025
  • Aggressive sustainability targets with 70% GHG emissions reduction by end of 2025

Industry Importance:

NextEra Energy combines massive scale with proven growth execution, making it the backbone of America's clean energy transition. The company's 30 GW renewable backlog demonstrates strong demand from corporate buyers and utilities seeking to meet sustainability commitments. As the largest clean energy provider by market cap, NextEra sets the standard for utility-scale renewable development and grid integration.

Leadership:

  • CEO: John Ketchum – Leading America's largest clean energy provider
  • Key Background: Utility executive with extensive experience in renewable energy development

Valuation: $145 billion | Founded: 1984

Recent Funding: $54.1M Post IPO (February 2025)

4. Sungrow Power Supply — Global Solar Inverter & Storage Leader

What They Do:

Sungrow Power Supply manufactures solar inverters and energy storage systems, serving as the global leader in solar power conversion technology. The company's products convert DC power from solar panels into AC power for homes and businesses, while its storage systems enable energy time-shifting and grid services.

Why They're Growing Fast:

  • 127.78% year-over-year growth in energy storage segment in H1 2025
  • 25.2% global solar inverter market share with 870 GW installed capacity
  • Storage systems surpassed electronic conversion revenue for the first time in company history

Industry Importance:

Sungrow Power Supply exemplifies how established clean energy companies can achieve explosive growth in emerging segments. The company's 128% storage growth demonstrates the massive shift toward integrated solar-plus-storage solutions worldwide. With operations in 180+ countries and technology advancing into green hydrogen production, Sungrow is critical to global renewable energy deployment and grid modernization.

Leadership:

  • CEO: Cao Renxian – Building the world's largest solar inverter company
  • Key Background: Engineer and founder who pioneered China's solar inverter industry

Valuation: $47.20 billion | Founded: 1997

Recent Funding: $400 million Post IPO (August 2016)

5. Solugen — Sustainable Chemicals Unicorn

What They Do:

Solugen operates a Bioforge platform that converts renewable feedstocks like corn sugar into building-block chemicals that replace fossil-fuel derivatives. The company's technology addresses industrial decarbonization by providing sustainable alternatives for chemicals used in fuels, concrete, and other industrial applications.

Why They're Growing Fast:

  • Secured $600 million+ Series D funding in 2025
  • Received recent US DOE grant accelerating rollout of new Bioforge plants nationwide
  • Addresses the massive $5 trillion global chemicals market with sustainable alternatives

Industry Importance:

Solugen tackles one of the hardest-to-abate sectors: industrial chemicals. Traditional chemical production accounts for significant global emissions, and Solugen's bio-based approach offers a scalable pathway to decarbonization. With DOE backing and massive funding, the company is positioned to transform chemical manufacturing and enable other industries to reduce their carbon footprint through sustainable supply chains.

Leadership:

  • CEO: Gaurab Chakrabarti – Transforming industrial chemical production
  • Key Background: Physician-scientist and co-founder pioneering bio-based chemistry

Valuation: $2.2 billion | Founded: 2016

Recent Funding: $600 million+ Series D (2025)

6. First Solar — US Solar Manufacturing Leader

What They Do:

First Solar manufactures thin-film solar modules using cadmium telluride (CdTe) technology, operating as America's largest solar panel manufacturer. The company's vertically integrated business model includes module production, project development, and engineering, procurement, and construction (EPC) services.

Why They're Growing Fast:

  • 88% capacity growth with solar capacity surging to 18.6 GW in 2024
  • Contracted backlog of 64 GW through 2030 provides multi-year revenue visibility
  • Targeting 15+ GW annual production capacity by end of 2025 with new factories in Ohio and Alabama

Industry Importance:

First Solar represents America's solar manufacturing resurgence, benefiting from policies like the Inflation Reduction Act while meeting massive domestic demand. The company's thin-film technology offers advantages in high-temperature performance and lower carbon footprint compared to silicon panels. With 64 GW of secured backlog, First Solar is critical to US energy security and the domestic clean energy supply chain.

Leadership:

  • CEO: Mark Widmar – Scaling US solar manufacturing
  • Key Background: Industry veteran leading America's thin-film solar innovation

Valuation: $29.21 billion | Founded: 1999

Recent Funding:  $1.1 billion (2024)

7. Aurora Solar — Solar Design Software Market Standard

What They Do:

Aurora Solar provides solar design and sales software that enables installers to accurately plan, model, and sell rooftop solar systems without site visits. The platform uses satellite imagery, 3D modeling, and advanced algorithms to create detailed system designs and financial proposals.

Why They're Growing Fast:

  • Secured $523 million Series D funding in 2024
  • Considered the US market standard for solar design and engineering software
  • Enables rapid scaling of home and commercial solar installations during 88% capacity growth period

Industry Importance:

Aurora Solar serves as critical enabling infrastructure for the solar industry, dramatically reducing the time and cost of system design and permitting. As solar capacity grows 88% and installers face labor constraints, Aurora's software becomes essential for scaling operations efficiently. The company's platform supports the entire solar value chain, from initial sales to final installation and monitoring.

Leadership:

  • CEO: Chris Hopper – Digitizing solar installation industry
  • Key Background: Co-founder and engineer revolutionizing solar design workflows

Valuation: $4 billion | Founded: 2013

Recent Funding: $523 million Series D (2024)

8. BETA Technologies — Electric Aviation Leader

What They Do:

BETA Technologies develops battery-powered electric aircraft, including both conventional takeoff and vertical takeoff (VTOL) models. The company's aircraft offer 336 nautical miles of range on a single hour-long charge and can carry 5 passengers or 200 cubic feet of cargo plus a pilot.

Why They're Growing Fast:

Industry Importance:

BETA Technologies addresses aviation's contribution to global emissions (approximately 2% of total) with practical electric aircraft solutions. The company's strong customer validation from logistics giants and military organizations demonstrates commercial viability and scalability. As the #1 ranked greentech company by TIME, BETA represents the future of sustainable regional air transportation and cargo delivery.

Leadership:

  • CEO: Kyle Clark – Pioneering electric aviation revolution
  • Key Background: Aerospace engineer and founder building practical electric aircraft

Valuation: $7.4 billion | Founded: 2017

Recent Funding: $318 million Series C (October 2024)

9. GE Vernova — Global Wind & Energy Infrastructure Leader

What They Do:

GE Vernova operates as a standalone company focused on wind energy, gas power, and grid modernization solutions following its spinoff from General Electric in April 2024. The company installs and services wind turbines, gas turbines, and grid infrastructure across 100+ countries.

Why They're Growing Fast:

  • Achieved $165.12 billion market cap as newly public company post-spinoff
  • Operates 120 GW of installed wind capacity across 57,000 turbines in 51+ countries
  • Pioneered advanced 6.1 MW turbine technology optimized for medium and low wind conditions

Industry Importance:

GE Vernova represents the evolution of traditional energy companies into focused clean energy leaders. With the world's largest installed wind capacity and advanced grid modernization solutions, the company is essential to global renewable integration and energy reliability. The successful spinoff demonstrates investor confidence in dedicated clean energy infrastructure companies.

Leadership:

  • CEO: Scott Strazik – Leading global energy infrastructure transformation
  • Key Background: GE veteran driving the energy transition through wind and grid innovation

Valuation: $165.12 billion | Founded: 2024 

Recent Funding: $600 million 

10. Halcyon — Energy Transition Data Intelligence Platform

What They Do:

Halcyon provides a machine-readable data platform that transforms energy market information into structured, actionable intelligence for energy professionals. The platform aggregates data from regulatory filings, market reports, and industry sources, making complex energy transition information accessible through APIs and data feeds.

Why They're Growing Fast:

  • Secured $10.8 million seed round funding
  • Part of the 22% of investment in clean energy startups incorporating AI in 2024
  • Addresses critical need for data-driven decision-making in complex energy transition scenarios

Industry Importance:

Halcyon represents the intersection of data intelligence and energy transition, providing critical infrastructure for companies navigating complex regulatory, technological, and market changes. As energy markets become increasingly dynamic with renewable integration and policy shifts, Halcyon's machine-readable data platform enables faster, more informed strategic decisions across the energy value chain.

Leadership:

  • CEO: Bruce Falck – Building energy transition data infrastructure
  • Key Background: Technology executive focused on data intelligence and energy markets

Valuation: $1 billion | Founded: 2023

Recent Funding: $10.8 million seed 

Vanguard of the Clean Energy Transition

The 10 companies featured in this list represent the vanguard of the clean energy transition, combining significant funding, explosive growth metrics, and transformative technologies. For B2B organizations looking to serve this high-growth sector, identifying the right decision-makers requires more than traditional approaches.

With many of these companies having recently secured major funding rounds, they are actively scaling go-to-market operations and building vendor relationships. Platforms like Landbase's natural-language targeting enable teams to find and qualify prospects at these companies using prompts like "Growth leaders at clean energy startups that raised Series C or later funding in 2024" or "C-level executives at companies with 100%+ year-over-year growth in energy storage."

The Landbase Platform combines 300M+ contacts with 1,500+ unique signals including funding rounds, growth metrics, and executive appointments. This enables go-to-market teams to build targeted audience lists in seconds rather than days, focusing outreach on the highest-potential accounts in the clean energy sector.

Frequently Asked Questions

What defines a "fastest growing" clean energy tech company?

A "fastest growing" clean energy tech company demonstrates exceptional growth through metrics like year-over-year revenue increases, capacity additions, or order backlog growth. Key indicators include 88% solar capacity growth, 127.78% energy storage growth, or major funding rounds like Aurora Solar's $523 million Series D. These companies show both strong market validation through customer adoption and execution capability demonstrated by operational metrics. The combination of technology differentiation, market timing, and proven scalability sets these leaders apart from competitors.

How do investors evaluate clean energy startups for funding?

Investors evaluate clean energy startups based on technology differentiation, market timing, team expertise, and path to profitability. The $12.5 billion raised in 2024 shows strong investor confidence, with particular interest in companies addressing grid stability, energy storage, and industrial decarbonization. Recent major funding rounds indicate investors are backing companies with proven technology and clear market demand. Due diligence focuses on technical feasibility, regulatory positioning, competitive advantages, and scalability of the business model.

What are the most promising renewable energy technologies currently being developed?

The most promising renewable energy technologies include next-generation geothermal projects scaling to hundreds of megawatts, electric aviation reducing emissions by 75-84%, AI-powered energy intelligence platforms, and sustainable industrial chemicals replacing fossil-fuel derivatives. Energy storage continues to be critical, with 127.78% year-over-year growth demonstrating massive market demand. Solar-plus-storage integration and grid modernization technologies are also experiencing rapid advancement and deployment.

How can I identify emerging clean energy companies that are good investment opportunities?

To identify emerging clean energy investment opportunities, monitor recent funding rounds through industry platforms and news sources tracking venture capital activity. Companies that have recently raised significant capital at Series B or later stages like Aurora Solar's $523 million Series D or Solugen's $600M+ Series D demonstrate strong investor validation. Focus on companies addressing critical needs like grid stability, industrial decarbonization, or energy storage with proven customer adoption. Evaluate technology differentiation, management team expertise, partnership quality, and revenue growth trajectories.

What role does AI play in accelerating clean energy innovation and market adoption?

AI plays a crucial role in clean energy through energy transition intelligence platforms, AI-powered infrastructure optimization, and industrial process automation. 22% of clean energy startup investment in 2024 incorporated AI, demonstrating the technology's importance in the sector. AI enables better decision-making through data analysis, optimizes energy systems for efficiency and reliability, and creates new business models at the intersection of computing and energy. Machine learning algorithms improve renewable energy forecasting, grid management, and demand response capabilities while reducing operational costs.

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