cleantech
Coverage of cleantech in the Nexus archive.
- Kenya Startup Funding Slows Sharply as Investors Pivot to Quality Over Quantity
Kenya's startup funding peaked at $1.1 billion in 2022 but dropped 40% to $692 million in 2023. The number of startups raising at least $100,000 fell by 23%, with investors prioritizing quality over quantity. Cleantech is noted as a sector attracting attention.
- The tax credit cliff has hit EV sales hard
The tax credit cliff has significantly impacted electric vehicle (EV) sales. The Trump administration eliminated federal tax incentives for EVs and other cleantech products last year, leading to a decline in sales for these categories.
- China exports a ton of cleantech — and the world is poised to want more
China produces the majority of the world's solar panels, batteries, wind turbine equipment, and EVs, with significant portions exported globally. The article highlights growing international demand for Chinese-made cleantech.