15 Climate Tech Companies to Watch
The urgency of addressing climate change has never been clearer. Emissions of planet-warming gases are at record highs, as are global temperatures. All that extra heat is endangering people around the world, supercharging threats like heatwaves and wildfires and jeopardizing established food and energy systems. We need to find new ways to generate electricity, move people and goods, produce food, and weather the challenging conditions made worse in a warming world.
The good news is that we already have many of the tools we need to take those actions, and companies are constantly bringing new innovations to the market. Our reporters and editors chose 15 companies that we think have the best shot at making a difference on climate change. This is the second annual edition of the list.
Learn more about how we chose the companies.
How we chose the list
15 Climate Tech Companies to Watch recognizes companies that are developing technologies to address climate change, by reducing harmful emissions or mitigating their impacts.
To select these 15 companies, our reporters and editors first scoured the globe for nominees. We leveraged our own reporting and consulted with academic researchers, industry experts, investors, and other reporters to identify candidates. Then, we sifted through news stories, company materials, and published research, and interviewed even more experts to evaluate the impact of these firms and the validity of their claims.
We debated internally over which finalists to feature, with careful consideration of how to best represent the breadth of fields needed to address climate change and the global nature of the fight. We also revisited our 2023 list, choosing to once again feature a few standouts that continue to make significant progress.
We aimed to look beyond bluster and hype, focusing on solutions that have a real chance of competing in the market and delivering cost-competitive, effective emissions reductions or ways of protecting people from the worst impacts of climate change.
The final slate includes companies headquartered on five continents, in industries ranging from agriculture to wildfire detection. Some are early-stage startups still in the process of ramping up production or clearing regulatory hurdles. Others are notable for the speed and scale at which they’re deploying technologies, or for bringing existing solutions to new markets in a novel way.
We make no claim to be fortune tellers. There are plenty of reasons why any one of these businesses might not succeed in its endeavor. In each profile, we’ve included caveats, challenges each company must contend with to move forward. But based on our reporting, these are the businesses that could have a significant impact on the world of climate technology in the year to come—and beyond.
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LanzaJet
Pano AI
The Spark
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Solugen
Ceibo
Rondo Energy
Rumin8
BYD
First Solar
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Electric Hydrogen
Pivot Bio
Kairos Power
Form Energy
Gogoro
Sublime Systems
Sun King
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Credits
EditorialSpecial projects editor: Amy Nordrum
Climate team: Casey Crownhart, James Temple
Editing: Casey Crownhart, James Temple, Niall Firth, Mary Beth Griggs, Mat Honan, Amy Nordrum
Copy editing: Linda Lowenthal, Anne Torpey
Research: Kavitha Yarlagadda, Geoffrey Kamadi, Chandrani Sinha, Sarah Ward, Matías Avramow, and David Rotman
Art direction: Stephanie Arnett
Engagement: Juliet Beauchamp, Abby Ivory-Ganja
TechnologyLead developer: Andre Vitorio
Design: Vichhika Tep, Mariya Sitnova
Product: Mariya Sitnova, Allison Chase
CTO: Drake Martinet