Cleantech, climate tech and renewable energy are driving Australia’s sustainable future

The cleantech sector is at the forefront of Australia’s transition to a sustainable and low-carbon economy. As global and domestic pressures to address climate change intensify, clean technology solutions are playing an increasingly vital role in reshaping industries, reducing emissions, and driving economic growth.

Our Australian Cleantech Report 2025 provides a deep dive into the current landscape, emerging trends, and critical challenges facing the sector. This report is an essential resource for investors, policymakers, business leaders, and innovators looking to navigate and capitalise on the evolving cleantech market.

Key themes inside the report:

  • Market overview & industry taxonomy – A structured breakdown of Australia’s cleantech sector, setting the stage for deeper analysis.
  • Economic insights – A cleantech market update from RSM Australia's own economist, detailing trends and investment potential.
  • Government policies & impact – Examination of the evolving policy landscape, Australia’s climate commitments, and mandatory climate reporting.
  • Investment & financing – Analysis of funding mechanisms, including government grants, venture capital trends, and private sector investment.
  • Scalability & real-world impact – Investigating whether innovations can perform reliably, scale effectively, and integrate into existing infrastructure.
  • Breaking barriers to adoption – Addressing challenges such as technology limitations, infrastructure constraints, cybersecurity risks, and gaps in workforce skills.
  • Pathways for growth – Strategic recommendations for overcoming challenges and accelerating cleantech adoption in Australia.

National Leader, Resources, Mining and Energy

Craig Amos

“In Australia, [energy] generation isn’t really our constraint. We’ve got wind, we’ve got solar, we’ve got other sources 
of generation. A lot of the innovation we’ve had in cleantech in Australia has been thinking about different forms of generation. We’re thinking about how we generate clean green power. We haven’t really thought about how we get clean green power to where the power demand is."

As the world deals with climate change, the need for clean technologies is increasing. 

This offers an opportunity for Australian businesses to become leaders in this fast-growing market. 

The report includes:

  • Overview of the cleantech sector in Australia.
  • A taxonomy chart showing the broad spectrum that makes up the cleantech industry.
  • Insights into the impact of climate change and the need for sustainable solutions.

Market update, growth trends and predictions for 2025 and beyond

The Australian cleantech market is poised for continued growth in 2025 and beyond. Key growth trends include the increasing adoption of renewable energy technologies such as solar, wind, and energy storage, as well as the rising demand for cleantech solutions in sectors like transport (electric vehicles), manufacturing (green steel), and buildings (energy efficiency).

Read the full report for insights from RSM Australia's economist on the trends and projections for cleantech in Australia. 

What are the key challenges facing the industry?

Analysing the gap between current technological capabilities and ambitious decarbonisation targets, highlighting the need for breakthrough advancements in energy storage and efficiency.

A look at the challenges and opportunities in Australia's energy transition, emphasizing the need for holistic solutions targeting the entire energy value chain.

Understand the barriers to decarbonising the transportation sector, including the development of electric vehicles (EVs), hydrogen fuel cell vehicles, and the infrastructure needed for these technologies.

Highlighting the unique cybersecurity risks faced by the cleantech industry, including vulnerabilities in industrial control systems, IoT device security, supply chain attacks, and data breaches.

National & Global Lead, ESG Services

Jacob Elkhishin

“To move forward, we need clear and consistent policies that provide long-term certainty for investors and innovators. We must also accelerate collaboration between industry, research institutions, and government to bring emerging technologies to market more effectively.” 

Australia is leading the way in several emerging clean technologies, making significant strides in reducing emissions, preserving biodiversity, and improving water treatment. 

Inside the report, we:

  • Take a look at some of the notable innovations happening in Australia, from solar panel technology to advanced battery storage solutions and methods to advance the use of renewable energy in the electricity grid.
  • We shine a spotlight on four Australian cleantech companies that are being recognised on the world stage.
  • Hear from one of our clients, Tim Washington, CEO of JET Charge, who shares his perspective on building a successful cleantech company.

 JET Charge provides holistic charging solutions to manage electricity flow through a scalable platform that can meet the demands of millions of charging devices. CEO Tim Washington's innovative business codes, creates and manufactures the box, networking system and power meter systems to ensure the charging stations don't overload a site. His advice for entrepreneurs keen to enter the cleantech sector is straightforward: 'Do it.' Read more

 

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National Leader, Technology

Mathavan Parameswaran

"An audit is typically required because investors want to partner with a trusted organisation and a reliable individual. They need to have confidence in the numbers for decision-making purposes, especially if the business is large and requires statutory compliance.”

How can RSM support your business?
National Technology, Media & Telecommunications Leader
National Resources, Mining & Energy Leader
Partner, National & Global Lead - ESG
Director, National Grants