Top 10 Leading Clean Tech Companies to Watch in 2023
Clean Tech, or clean technology, refers to a wide range of technologies and processes that aim to reduce environmental impact and promote sustainability. According to recent statistics, the global cleantech market is projected to reach $1.3 trillion by 2025, growing at a CAGR of 9.1% from 2020 to 2025.
As technology continues to evolve, so does the way we address environmental issues. The concept of Clean Tech has emerged as a promising solution for tackling climate change and achieving sustainability. Clean Tech involves the development and application of advanced technologies that reduce or eliminate negative environmental impacts and promote resource efficiency.
In this issue of CIOInsights, we explore how Clean Tech is revolutionizing industries and enabling organizations to transition towards a sustainable future. From renewable energy sources to circular economy practices, Clean Tech is transforming the way businesses operate and impacting their bottom line.
Despite the positive trends, significant challenges remain to overcome in the transition to a more sustainable future. These include issues around the scalability and reliability of renewable energy, as well as the need for more efficient and effective waste management solutions. However, the cleantech market's continued growth suggests significant momentum toward a more sustainable future.
Our feature articles provide insights into the latest innovations in Clean Tech, including smart buildings, electric vehicles, and green data centers. We also delve into the challenges that organizations face in implementing Clean Tech solutions and the role of technology leaders in driving the adoption of sustainable practices.
At CIOInsights, we recognize the importance of Clean Tech in creating a better future for generations to come. We hope this issue inspires and informs our readers to take action toward a more sustainable world.
KR Sridhar - CEO
Bloom Energy is an American public company headquartered in San Jose, California. It manufactures and markets solid oxide fuel cells that produce electricity on-site. The company was founded in 2001 and came out of stealth mode in 2010. It raised more than $1 billion in venture capital funding before going public in 2018. Its fuel cells are subsidized by government incentive programs for green energy.
Darrell Stang - CEO
Powered by Tech Sonic’s proprietary and patented technologies, CLEAN AS NEW® will offer cleaning services for heat exchangers and many other process components, bringing them to Like-New performance and efficiency levels.
Kathy Hannun, co-founder and President
Dandelion Energy transitions homeowners from fossil-fueled to geothermal heating and cooling using their custom geothermal drilling suite and Dandelion Air heat pump. It relies on the earth’s temperature to heat and cool your home. Switching to geothermal from oil, propane, and natural gas has several advantages including lower cost, improved indoor air quality, and reduced risk of carbon monoxide poisoning.
Sunny Sanwar, Founder and CEO
Developing and implementing low-carbon solutions is no simple task. Instead of leaving cities, corporations, and utility companies to reinvent the wheel, Dynamhex uses AI to make the road to carbon reduction clear and accessible. By using localized data, their API platform skyrockets stakeholder engagement and significantly reduces the time it takes to develop, implement, and monitor climate strategies and identify ways to improve services.
Julia Armstrong D’Agnese, Co-founder and CEO
Earth Knowledge works with a global network to leverage this data to provide world-class insights on environmental risk through their Integrated Planetary Intelligence platform. To date, they have been a partner and influencer for President Obama’s Climate Data Initiative and partnered with Google, BBC, The Guardian, and NASA to create a sustainability business intelligence hub used by 80% of the world’s countries.
John Salzinger - CEO
At MPOWERD, we're on a mission to transform lives with thoughtfully designed, clean technology. From concept to creation, every detail of our business is deliberate. As a B Corp and a benefit corporation, we set strict standards for ourselves, ensuring that our work enhances both society and the environment.
JEFF LAUTT - CEO
At POET, We believe in creativity from common sense. We believe the solution to our nation's growing energy crises is not some far-flung work of science fiction. It's the domestic energy we're producing today. The people of POET are currently replacing millions of barrels of imported oil every year with clean, renewable energy, all while pumping billions of dollars back into the American economy.
Balu Balakrishnan - CEO
Power Integrations, Inc., is a Silicon Valley-based supplier of high-performance electronic components used in high-voltage power-conversion systems. Our integrated circuits and diodes enable compact, energy-efficient AC-DC power supplies for a vast range of electronic products including mobile devices, TVs, PCs, appliances, smart utility meters and LED lights.
Joshua Aviv, Co-Founder and CEO
SparkCharge created both of these solutions, plus the ChargeUp app to put on-demand charging at your fingertips. SparkCharge is making on-demand charging affordable with monthly rates as low as $25. They also partner with roadside assistance providers such as Allstate and Urgently.