cleantech

Cleantech Future: Exploring the 2024 Funding Slowdown and Big Moves

The cleantech sector in 2024 witnessed a slowdown in funding, contrasting past years' trends, but it wasn't all doom and gloom. Carbon capture, hydrogen, and nuclear technologies emerged as critical growth sectors amid this funding landscape shift. Major funding rounds include Pacific Fusion's enormous $900M investment, positioning fusion energy as a promising technology for future clean power solutions. While debt financing gained traction, strategic investors like Chevron and Shell played an active role. Uncertainty remains around policy impacts from the new U.S. administration.