The cleantech sector experienced a dynamic third quarter, with predictions of volatility coming to fruition. While global investment in renewable energy is strong, notable pullbacks in US spending and regulatory challenges under the Trump administration have clouded the near-term cleantech outlook. Electric vehicle (EV) sales showed mixed trends, with a rush observed ahead of the phase-out of American federal tax incentives at the end of September. The quarter was also marked by several major mergers, funding rounds and technological developments. Regulatory currents and investment flows shape cleantech market The third quarter began with important cleantech policy signals and shifts in industry strategy. Although global capital flows into renewables reached a record US$386 billion in H1 2025, according to data analyzed by BloombergNEF, a steep 36 percent year-on-year drop in US renewable project spending reflects investor uncertainty in response to changing policy conditions and the expiration of tax incentives. Regulatory headwinds…
