CleanTech & Renewable Energy Market Update – August 2025
Highlights from recent data and developments across Europe:
CleanTech & Renewable Energy Market Update – August 2025
Highlights from recent data and developments across Europe:
Market Growth & Renewable Share
· The EU's renewable energy share climbed to 24.5% of gross final energyconsumption in 2023 — a 1.5 percentage point increase from 2022, and nearly 2.5× higher than in 2004
· Renewable snow supply 47% of Europe’s electricity, up from 34% in 2019, while coal has plummeted to just 10%
Solar Power
· Solar electricity production soared by 30% in Q1 2025 year-over-year, reaching nearly 68 TWh.
· Despite this surge, solar installations for 2025 are projected to drop slightly (~1.4%) due to subsidy cuts, marking the first slowdown in a decade.
Market Size & Demand Drivers
· Global renewable energy market expected to grow from $1.11 trillion (2024) to $1.18 trillion (2025) — a CAGR of 6.8%. By 2029, value may hit $1.69 trillion (CAGR 9.3%).
· Increasing industrial electricity demand — from AI, CleanTech, and carbon capture — is projected to add over 57 GW by 2030.
Notable M&A & Investments
· U.S. firm Sixth Street acquired a 38% stake in Italian green energy leader Sorgenia for €4 billion, adding 1.7 GW capacity with plans for another 5 GW.
· Canadian investment group La Caisse (formerly CDPQ) completed a C$10B acquisition of Innergex Renewable Energy, positioning it for accelerated global expansion.
Europe continues to transition at pace — but solar subsidy rollbacks and grid constraints remain critical hurdles. As we head into H2 2025, it’s clear sustainable energy demand and strategic investments are the engines powering future growth.
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