The report underscores the importance of retaining and scaling clean tech innovation domestically. This is essential to delivering on the 2050 net-zero targets, and securing Europe’s long-term strategic autonomy.
“Now is the moment for Europe to lead” said Elena Bou, Co-Founder and Innovation Director at InnoEnergy. “We have regulatory certainty, strong political commitment, and a growing pool of proven clean tech solutions. They are on track to deliver significant emissions reductions, create thousands of green jobs, and strengthen Europe’s industrial base. What’s needed now is a focus on industrialising these technologies and scaling them into global players.”
In addition to the environmental impact, the report highlights strong economic results. By the end of 2024, the portfolio had generated 943 million euros in cumulative revenue and had raised 34 billion euros in cumulative investment. By 2030, it is expected to deliver 13.5 billion euros in energy costs savings. Further demonstrating the portfolio’s far-reaching impact, by the end of 2024 it had created over 47,000 jobs and enabled access to energy for 2.9 million people in developing countries.
“The energy transition is no longer a question of when, but how fast” added Ms Bou. “With 15 years of demonstrated impact and a strategic position at the heart of Europe’s clean tech ecosystem, InnoEnergy is central to uniting industrial, political, and financial players to accelerate clean tech champions. Our portfolio shows that what once came with a ‘green premium’ is now competing, and often winning, on cost and performance. These are not just cleaner technologies; they’re smarter, faster, and better ways to meet rising energy demand.”
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