The cleantech investment opportunity is cross sector, spanning companies in diverse disciplines, industries and market capitalizations.
Emerging solar, hydro, wind, geothermal and other clean power companies will rely on the products, services and ideas of cleantech companies.
ProShares S&P Kensho Cleantech ETF (CTEX) offers investors exposure to a diverse set of cleantech companies in a single ETF.
What Is Cleantech?
Essential to clean energy is a category of companies known as “clean technology” or “cleantech.” The products and services these diverse cleantech companies provide are critical to producing, supporting and storing clean energy. As a result, the cleantech category has the potential to be a growth investment opportunity for the long term.
Clean Energy Is Becoming Essential to Meeting Energy Demands
Cleantech Could Be a Trillion-Dollar Market Opportunity
Manufacturers of wind turbines, solar panels, lithium-ion batteries, electrolyzers and fuel cells are anticipated to have an annual market opportunity rising well above $1 trillion by 2050,1 especially as dependence on oil potentially decreases. As the chart below shows, cleantech (as defined by wind, solar, batteries, electrolyzers and fuel cells) is projected to rapidly accelerate, with a significant jump in growth expected to occur by 2030—which may make cleantech a growth investment opportunity that’s here to stay.
Cleantech may be poised for a sizable and lasting jump in International Energy Agency's (IEA) net-zero scenario
Source: International Energy Agency (IEA), 10/12/21. “Market size” is defined as anticipated average revenues of tradeable units of core technologies, rather than investment or spending estimates that include other costs such as installation costs.
Capturing the Cleantech Opportunity
ProShares S&P Kensho Cleantech ETF
Access the Companies Behind the Clean Energy Wave
1International Energy Agency (IEA), World Energy Outlook, “Report Extract: A New Energy Economy Is Emerging,” 2021.
2IEA, “Estimated market sizes of oil and selected clean energy technology equipment in the Net Zero Scenario, 2020-2050,” 10/12/21.