Clean energy’s surge in 2025 wasn’t a fluke. It is set to roar through 2026, with the International Energy Agency forecasting that renewables could overtake coal as the world’s top electricity source next year, led by solar and wind.

For entrepreneurs, 2026 is the moment to scale solutions and take the lead. Here are four trends that make it clear why now is the time to act.

Workers walk in between rooftop solar panels installed at a chain grocery store.

1. Renewable energy demand is creating urgent opportunities for skilled entrepreneurs

Global renewable capacity is projected to expand rapidly, with renewables expected to become the world’s largest source of electricity by 2026. Solar and wind are driving most additions, while electricity demand is forecast to grow around 3.7 % in 2026, highlighting growing markets for skilled technicians and engineers.

Why it matters for founders

Strong technical skills combined with entrepreneurial ability allow founders to launch and scale businesses in solar, distributed energy, and local clean energy services. Programs like our New Energy Academy give aspiring entrepreneurs the training and confidence needed to start their ventures. Entrepreneur Jimmy Ricohermoso leveraged the program to launch SolarXEnergy, installing tens of kilowatts across three Philippine cities and building a growing pipeline:

“The difference with studying at New Energy Academy is that you have more confidence in taking on solar installation projects… It’s not only a great training experience, but it’s also beneficial if you want to learn how to start a business.” — Jimmy Ricohermoso, Founder, SolarXEnergy

Liberate Minerals wins Supercharge Australia Innovation Challenge #3.

2. Battery and storage innovation are unlocking new market potential

Energy storage is forecast to reach 123 GW globally by 2026, about 33 % higher than in 2025. Storage and recycling innovations are critical to balance intermittent renewable output and reduce environmental impacts.

Why it matters for founders

Startups improving battery efficiency, flexibility, or recycling can access high-demand markets and partner with utilities, investors, and corporates. In Australia, the Supercharge Australia Innovation Challenge supports entrepreneurs with mentorship, investor exposure, and corporate partnerships. Renewable Metals used the program to accelerate their breakthrough recycling technology, which recovers over 95 % of materials at lower cost without toxic byproducts:

“[The Supercharge Australia Innovation Challenge] has created great momentum for our current capital raise.” — Luan Atkinson, CEO, Renewable Metals

Ima Rida, founder of Magi Farm, handles compost made by Black Soldier Fly larvae.

3. Inclusivity in clean energy is driving innovation and impact

Inclusivity is increasingly being recognized as a strategic priority in clean energy. Women only make up about 32 % of the renewable energy workforce globally, and remain underrepresented in technical and leadership roles. Diverse and inclusive teams enhance innovation, decision-making, and adoption of new solutions.

Why it matters for founders

Inclusive entrepreneurship opens new markets and strengthens networks. Communities like the Bali Women Leaders Network, supported by New Energy Nexus Indonesia, provide mentorship, funding, and community support to women-led startups. Magi Farm scaled its food waste upcycling solution through this network, reducing emissions and creating community impact:

“This collaboration with [NEX] has expanded our network. This chain of networks is valuable to us, allowing us to connect with stakeholders, catalyze progress, and achieve even more together.” — Ima Rida, Co-founder & CMO, Magi Farm

In August 2022, the first batch of TCL solar-powered low-carbon campuses was established in Xixiang County, Hanzhong, Shaanxi. This project is showcased on the Small Money, Big Change casebook.

4. Financial innovation is expanding clean energy access

High upfront costs remain a major barrier to solar adoption. Innovative financing models and institutional capital flows are essential to scale deployment. In the Asia Pacific region, more than two-thirds of green bond proceeds go to renewable energy and energy-efficiency projects, while blended finance attracts private investment where local capital is limited.

Why it matters for founders

Entrepreneurs can use innovative finance models to expand market access and scale quickly. New Energy Nexus China’s report Small Money, Big Change shows how modest, targeted investments can unlock larger funding flows and deliver outsized impact, giving founders practical pathways to attract capital, reach underserved customers, and build financially sustainable businesses.

Download the report here.

Be in the driver’s seat of the clean energy shift in 2026

Clean energy in 2026 and beyond will be defined not only by technology but by how founders build inclusive, scalable, and financially innovative solutions. Renewable growth, storage innovation, diversity, and smart financing create opportunities across the ecosystem. With the right skills, networks, and programs like those offered by New Energy Nexus, founders can scale impact and shape the energy transition while building resilient businesses.

Ready to kick off an even stronger 2026? Explore how we can back your clean energy solution today at join-nex.co/programs.

As Pakistan’s climate tech boom accelerates, entrepreneurship is pushing it even further. Founders across the country are turning real community challenges into practical climate tech and resilience solutions.

Their work follows a historic market shift: in the first half of 2024, Pakistan imported over 13 GW of solar panels, a surge that could bring the country ahead of its 2030 renewable energy targets (The Great Solar Rush in Pakistan, 2024). But scaling this transition will require more than panels; it demands innovators who can tailor technologies to local needs.

That’s why New Energy Nexus and Renewables First launched Climate Innovation Pakistan (CLIP): a national platform designed to support climate tech founders, build a skilled clean energy workforce, and strengthen the policies that unlock long-term impact.

“Pakistan’s startup ecosystem must urgently propel the climate tech vertical, as the need for locally developed solutions has never been more critical,” said Zeeshan Ashfaq, CEO of Renewables First. “Through our collaboration with New Energy Nexus, we aim to demonstrate that with appropriate support, investing in climate tech is both essential and economically viable.”

CLIP’s mission is clear – equip founders with the tools to shape a cleaner, more resilient economy, and ensure Pakistan’s climate tech momentum becomes a long-term engine for growth. And it starts with the first-ever CLIP Incubator.

The Clip Incubator journey. Image from Climate Innovation Pakistan

Why the CLIP Incubator Matters

The Incubator is a 12-week, equity-free program helping entrepreneurs validate products, run pilots, refine business models, and connect with investors and partners across Pakistan. It’s built for startups working in the country’s realities, where infrastructure, affordability, and community impact matter as much as technical performance.

“Pakistan is the world’s fifth most populous nation, with its largest industries in high carbon-emitting sectors… Here lies an immense opportunity to ignite the development of groundbreaking climate tech innovations,” said Stanley Ng, Global Partnerships Director of New Energy Nexus.

The CLIP Incubator’s first-ever cohort.

These 11 startups comprise the Incubator’s inaugural cohort, representing the ambition and ingenuity behind the country’s climate innovation wave. Meet them below.

Nimbus Labs

The Problem
Pakistan faces severe gaps in weather monitoring and forecasting. Extreme events disrupt lives and livelihoods, but limited infrastructure prevents accurate early warnings.

The Solution
Nimbus Labs deploys AI and IoT-driven weather stations and machine learning models, powered by low-cost sensor networks, to deliver hyper-local precipitation nowcasts and medium-range forecasts. Their systems strengthen climate resilience and support data-driven decision-making for agriculture, cities, and disaster response.

The Founder
Sarwan Shah is an electrical engineer specializing in Embedded Systems and Machine Learning. His experiences – from founding the Karachi Water Project to Fulbright research and award-winning embedded systems – led him to start Nimbus Labs, aiming to improve Pakistan’s weather monitoring and forecasting infrastructure.

Power Sodium

The Problem
Energy storage in Pakistan remains dependent on expensive lithium imports or polluting diesel generators.

The Solution
Power Sodium builds next-generation sodium-ion and sodium–lithium hybrid batteries with long cycle life and ultra-fast charging, providing clean and reliable power for telecom towers, microgrids, data centers, and renewable energy systems.

The Founder
Ahmad Ghauri brings expertise in aerospace engineering, R&D, and clean energy project management. He co-founded Power Sodium to develop sustainable, locally-manufactured sodium-ion and hybrid batteries that reduce reliance on imported or polluting energy storage systems.

PakPlug’s app interface. Screenshots from PakPlug

PakPlug

The Problem
EV adoption is constrained by a severe shortage of public chargers, despite thousands of unused private chargers across cities.

The Solution
PakPlug allows homeowners to list chargers, while EV drivers book and pay through the app. Their QR-enabled smart switch ensures secure access, accurate metering, and reliable payments — unlocking affordable charging where it’s needed.

The Founder
Roha Rehan, an Electrical Engineering graduate from LUMS, founded PakPlug to make EV charging accessible and community-driven. Her team leverages technical and strategic expertise to connect private chargers with EV users across Pakistan.

Nayab Raza, Founder of Algaverse. Photo from Algaverse

Algaverse

The Problem
Farmers depend heavily on chemical fertilizers that degrade soil, raise input costs, and worsen emissions.

The Solution
Algaverse’s bio-fertilizers offer a climate-resilient, lower-cost alternative aligned with global soil restoration goals, helping farmers improve yields while reducing synthetic fertilizer use.

The Founder
Nayab Raza, a PhD candidate in Environmental Biology at the University of Manchester, founded Algaverse to develop CO₂-capturing bio-fertilizers. Her goal is to provide farmers with sustainable, low-emission alternatives that improve soil health and reduce dependence on chemicals.

SustainAgro by Verdora Ventures

The Problem
Pakistan faces water scarcity, pesticide overuse, and reliance on imported produce.

The Solution
Verdora’s modular greenhouses use climate-smart irrigation that cuts water use by 90%, reduces pesticides, increases yields, and localizes production of crops like cherry tomatoes. This lowers the costs for consumers and businesses.

The Founders
Syed Mahd has over a decade of experience in strategy, investments, and project management. At SustainAgro by Verdora Ventures, he works closely with Asad Shamsi, a finance and strategy professional with expertise in research, consulting, and FMCG. Together, they are integrating climate-smart agriculture practices to improve sustainability and productivity in Pakistan’s horticulture sector.

Pani Express

The Problem
Unreliable municipal supply forces cities to rely on informal tanker operators, which results in waste, high emissions, and inconsistent pricing.

The Solution
Pani Express uses mobile ordering, IoT water-level sensors, and optimized tanker routing to reduce water waste, improve reliability, and provide fair pricing – all while lowering emissions and supporting local livelihoods.

The Founder
Ali Yar draws on years of operational, finance, and HR experience in startups to build Pani Express, a smart water logistics platform. His mission is to make urban water delivery reliable, efficient, and climate-conscious.

Moiz Bhatti presents at an investor summit. Photo from Moiz Bhatti via LinkedIn

EPO (Environmental Productivity Organization)

The Problem
Water scarcity and rising energy costs threaten agricultural productivity in Pakistan.

The Solution
EPO’s closed-loop farming systems use renewable energy and recycled water to produce consistent, high-quality crops while reducing water and energy consumption, offering a resilient solution in water-stressed regions.

The Founder
Moiz Bhatti, an environmental advocate and founder of National Incubation Center Islamabad, co-leads EPO with a team of environmental scientists. They focus on AI-driven solutions for efficient, sustainable urban and agricultural productivity.

MycieBlue

The Problem
Plastic pollution is growing, and sustainable alternatives are either costly or hard to access.

The Solution
MycieBlue produces compostable, lightweight materials using mycelium grown from organic waste, offering low-carbon solutions for packaging and future construction applications.

The Founders
Yumna Ali, an architect and environmentalist, is advancing regenerative biomaterials through mycelium, turning waste into nature-inspired products. She partners with Ameerah Rizwan, a product and interaction designer who brings user-centered design and community insight. The architect–designer pair is pioneering mycelium-based materials and accessible bio-design research in Pakistan.

Commercial deployment of 500 Ecobricks Eco-Tiles at F9 Park, Islamabad. Photo from Ecobricks

Ecobricks

The Problem
Millions of tons of plastic end up in landfills or incinerators due to a lack of recycling infrastructure.

The Solution
Ecobricks transforms hard-to-recycle plastics into construction materials supported by AI quality control, reducing waste and enabling circular construction practices.

The Founder
Kashaf Akhtar leads Ecobricks, a team with deep expertise in engineering, AI, and business development. Their focus is on converting difficult-to-recycle plastics into durable, environmentally-friendly building materials.

Screengrab from the Greenova8 website

Greenova8

The Problem
Only large investors typically fund solar and wind projects, leaving everyday citizens out.

The Solution
Greenova8 tokenizes renewable projects, allowing small-ticket investments with real-time tracking. Smart contracts automate payouts, while carbon credit monetization strengthens returns.

The Founder
Ibrahim Afridi started Greenova8 to democratize renewable energy investment using blockchain. He aims to give everyday citizens access to solar and wind projects through fractional ownership.

Recycle Bin

The Problem
Mixed waste contaminates recyclables and sends valuable materials to landfills.

The Solution
Recycle Bin offers digital door-to-door collection with a rewards system, sending materials to verified processors, reducing landfill use and emissions.

The Founder
Adeela Ali, a pharmacist turned entrepreneur, founded Recycle Bin to solve local waste management challenges through technology. She applies her scientific and analytical skills to create scalable, sustainable solutions.

From left: Zeeshan Ashfaq, CEO of Renewables First, and Stanley Ng, Global Partnerships Director at New Energy Nexus

Building Pakistan’s climate future, and taking it global

The founders joining the first CLIP Cohort reflect Pakistan’s growing role in the clean energy transition, and the power of local innovation to reshape a national drive toward a more sustainable future.

This is exactly the kind of work we’re supporting at New Energy Nexus. We’ve backed more than 10,000 clean energy entrepreneurs worldwide. Through CLIP, we’re expanding this mission in Pakistan: helping founders scale solutions, build resilient businesses, and contribute to a cleaner, more inclusive economy.

Pakistan is having a historic climate and clean energy moment. Now it’s time to turn this momentum into long-term transformation, powered by entrepreneurs who understand Pakistan’s needs and are ready to build solutions the world can learn from.

Ready to scale your innovation in Pakistan and beyond? Visit climateinnovate.pk for more climate tech opportunities and updates.

Bungin Island, the second most densely populated island in the world. Photo by Mas Agung Wilis Yudha Bhaskoro

Life on Bungin Island in Indonesia’s Sumbawa Regency can be challenging. With 2,338 people per square kilometer, it’s one of the most densely populated islands in the world. Meanwhile, the residing Bajo Tribe—the world’s largest remaining community of sea nomads—depends almost entirely on the ocean for income. The island has 1,020 to 1,113 active fishers today, all of whom rely on fishing as their main source of livelihood.

But rising fuel prices, unreliable cold storage, and dependence on costly diesel-powered equipment are putting intense financial pressure on the community. Spoilage, long-standing infrastructure gaps, and unstable operating costs are shrinking margins for fishers at a time when every kilogram of catch matters. Globally, weak cold chain systems are known to drive post-harvest losses and depress incomes for small-scale fishers, a challenge documented by the FAO,[1] both of which highlight renewable-powered cold chains as a pathway to higher incomes and reduced losses.

To help address these economic vulnerabilities, New Energy Nexus (NEX) Indonesia partnered with local startups Olat Maras Power and Volto Sea to launch a community-led clean energy pilot focused on strengthening the fishing economy. By introducing solar-powered cold storage units and electric outboard motors, the project aims to reduce losses, stabilize costs, and support the livelihoods of Bungin’s fishers.

Karyadi has reduced his operational costs by 50% after converting his Lelepa boat from a fossil fuel engine to a Volto Sea electric outboard motor. Photo by Mas Agung Wilis Yudha Bhaskoro

Ismail, one of the local fishers using the Volto Sea electric outboard motor. Photo by Mas Agung Wilis Yudha Bhaskoro

This pilot is part of a larger NEX Indonesia-led initiative supporting Indonesia’s coastal and marine sectors through community outreach, capacity building, and scalable clean energy innovations that directly improve local economic conditions.

“We’ve seen firsthand how much loss fisherfolks experience due to inadequate storage,” said Nova Aryanto, CEO of Olat Maras Power, which deployed 12 solar-powered cold storage units on the island. “Our solar cold storage helps maintain catch quality and cuts daily operating costs. Fishers can save up to IDR 30 million and reduce up to 12.5 tons of CO₂ emissions annually.”

Olat Maras Power has converted the cold storage unit to be powered by three energy sources: grid electricity, batteries, and solar panels. Photo by Mas Agung Wilis Yudha Bhaskoro

Nova Aryanto, CEO of Olat Maras Power, collaborates with Volto Sea to establish a battery charging station for electric outboard motors on Bungin Island. Photo by Mas Agung Wilis Yudha Bhaskoro

Previously, fish collectors on Bungin were losing up to 1.2 tons of fish during the peak season due to spoilage, putting a major financial burden on families whose income depends on selling each day’s catch. With solar-powered cold storage, catch quality is preserved longer, waste is reduced, and profits become more predictable.

Meanwhile, Volto Sea, a Bali-based startup that develops clean maritime technology, introduced electric outboard motors to replace expensive fuel-powered engines.

“The sea is the heartbeat of life in Bungin,” said Volto Sea CEO Yindy Kurniawan. “By replacing fossil fuel engines with electric motors, we’re not just offering innovation—we’re honoring the maritime way of life and supporting a more sustainable future.”

Yindy Kurniawan, CEO of Volto Sea, developed the electric outboard motor for Lelepa boats through a collaboration with New Energy Nexus. Photo by Mas Agung Wilis Yudha Bhaskoro

Switching to electric motors offers fishers major financial relief, with potential annual savings of up to IDR 37 million (US$2,225) per fisher.

The pilot is not only about introducing hardware. For the transition to work, communities must be aware of the benefits, equipped to use the technology, and actively involved in the process. With support from Manussa Consulting, the project began with a feasibility study involving more than 50 respondents and 22 stakeholders, including fishers, aquaculture operators, small businesses, and village leaders. The study highlighted high energy costs, low awareness of alternatives, and infrastructure limitations as key barriers holding communities back.

To address these constraints, the team rolled out workshops, product demonstrations, and public awareness activities. A hybrid-powered charging hub is also being piloted to provide accessible, renewable energy for both cold storage units and electric motors, reducing long-term dependence on costly fossil fuels.

“Introducing electric boats and solar-powered cold storage is a timely response to the economic vulnerabilities and climate crisis impacting Indonesia’s coastal regions,” said Kevin Felix, Senior Program Associate at New Energy Nexus Indonesia. “Together with a hybrid charging hub, these technologies can drive real change, building resilience and improving quality of life for fishing communities.”

For Bungin’s residents, the impact is already tangible.

“We welcome this program as a first step toward building an energy-independent and environmentally friendly coastal village,” said Jaelani, Head of Bungin Village. “This isn’t just about technology—it’s about securing the future for our children and ensuring the long-term sustainability of our local economy.”

Pilot test of Volto Sea’s electric outboard motor. The boat can carry 2–3 people. Photo by Mas Agung Wilis Yudha Bhaskoro

Looking ahead, NEX Indonesia and its partners are developing pathways to help communities adopt these solutions at scale. Flexible financing schemes, youth engagement programs, and collaborations with government agencies are all in the works to expand this model to other coastal areas across Sumbawa and beyond.

As the sun rises over the waters of Sumbawa, so does the hope for a clean energy future: powered by local innovation, supported by global partnerships, and grounded in the everyday lives of its many island communities.

References:

[1] Improved post-harvest practices for fish loss and waste reduction | FAO; and Hidden Harvest: The Global Contribution of Capture Fisheries | World Bank

In August 2022, the first batch of TCL solar-powered low-carbon campuses were established in Xixiang County, Hanzhong, Shaanxi.

This year, China has outpaced the world in the shift to clean energy, and it’s quickly progressing into a new phase.

Rural communities will be key to this development. They not only bear the brunt of climate impacts but also hold enormous potential to drive economic growth, social inclusion, and environmental gains. Yet they face persistent energy transition challenges and remain overlooked, with an annual funding gap of roughly 2 trillion RMB [US$282 billion] that government resources alone cannot fill. Addressing this gap requires smart, targeted interventions that can stretch limited funds into transformative impact.

New Energy Nexus China’s “Small Money, Big Change” shows how modest, strategically deployed investments can unlock far larger capital flows. By blending policy, market, and philanthropic resources—and grounding projects in local trust and participation—small sums can generate outsized impact: boosting incomes, cutting emissions, improving living standards, and creating inclusive industries.

China’s rapid clean energy expansion illustrates the power of these approaches, offering lessons that extend across the Global South. Here are five key takeaways:

1. Clean energy boosts rural livelihoods.

Renewable energy is more than a climate solution. When projects address concrete community needs, they create new income streams, strengthen resilience, and improve quality of life.

We learned it from the TCL Foundation’s low-carbon campuses.

1.6 MW of solar power was installed across 27 schools, cutting 40,000 tons of CO₂ and generating 17.4 million RMB (US$2.5 million) for education. This showed how philanthropic capital can fund sustainable infrastructure that benefits communities directly.

2. Blended finance makes the impossible possible.

The biggest wins come when public, market, and philanthropic capital work together. Each plays a unique role, and real breakthroughs happen where they intersect, bridging funding gaps and reducing risk.

We learned it from the Dalad Banner Wind Cooperative.

In Inner Mongolia, 132 village collectives co-invested with the government and banks in a 75.6 million RMB [US$10.7 million] wind farm. Each village received guaranteed annual dividends, demonstrating how blended finance can create both financial viability and equitable local benefits.

3. Technology and governance unlock hidden potential.

Digital tools, fintech, and transparent governance models help rural communities access capital, manage risk, and scale solutions faster. Technology alone isn’t enough—participatory management ensures long-term sustainability.

We learned it from Trina Solar and MYbank’s AI-enabled solar financing model.

Data-driven risk models lowered loan rates by 21% for small PV distributors in the “last mile”, expanding access to solar for households while maintaining zero defaults, illustrating how innovation in financing and governance unlocks local potential.

4. People must be at the center.

A just energy transition puts communities, workers, and women at the heart of clean energy projects. Training, shared ownership, and empowerment ensure projects deliver dignity, opportunity, and lasting benefits.

We learned it from the Tianmen women drone pilots.

A 30,000-RMB (US$4,237) seed fund trained over 100 women to operate agri-drones servicing more than 1 million hectares annually, creating new income streams and reducing pesticide use, showing the power of people-focused interventions.

5. Ecosystems scale solutions, not isolated projects.

Long-term transformation requires collaboration across government, finance, enterprises, and communities. When capital flows, policy innovation, and local participation align, isolated projects evolve into replicable ecosystems.

We learned it from Tencent SSV’s solar trust model.

A “charity + capital” trust funded rooftop PV, while surplus revenues supported health and education programs, providing a blueprint for integrated, community-centered clean energy ecosystems.

Small investments, when paired with trust, technology, and collaboration, can generate systemic impact—showing how inclusive, sustainable clean energy is possible for communities across China and the Global South. Read more about these initiatives and how we can make a bigger impact: Download our casebook today.

New Energy Nexus in China

New Energy Nexus (NEX) is a world-leading clean energy accelerator dedicated to advancing the global energy transition. In China, NEX China carries this mission forward with a local, hands-on approach—providing tailored consulting, business matchmaking, and support to governments, industrial parks, universities, and enterprises of all sizes. By identifying and scaling innovative energy transition solutions, integrating resources, and building both online and offline collaboration platforms, NEX China connects entrepreneurs, investors, research institutions, and policymakers.

Learn more about clean energy opportunities in China here.

Giang Hoang represents HKG Energy at a 2024 AIS4EE event.

When we first met Giang Hoang, she wasn’t just leading a startup – she was building one from the ground up.

Giang is the CEO and co-founder of HKG Energy, one of New Energy Nexus Vietnam’s corporate partners, which hosted interns through our NEXGen 2024 and Youth Internship Pilot 2025 programs. But even as she helped give young innovators hands-on experience in the country’s fast-growing clean energy, she was still in the process of learning herself; particularly on how to find success in one of the most challenging corners of climate tech.

Giang launched HKG Energy on International Women’s Day, March 8, 2024, and it proved to be more than a coincidence. Working in tech, an industry where women hold only a quarter of CEO positions globally, she has faced her fair share of challenges.

“Being a founder is hard, especially in deep tech,” she said. “In my first three months, most people told me I’d quit within a year. No one trusts you until you deliver. But while some of those voices have since been laid off in today’s tough job market, we’re still here, growing and gaining traction.”

HKG Energy lab in South Korea

Faster charging, better EVs

HKG Energy’s core innovation, Terra Silicon, is a patent-pending nanomaterial that increases battery energy density by up to 80%, helping electric vehicles drive farther, charge faster, and cost less. Beyond mobility, the technology can improve energy storage systems, consumer electronics, and even robotics, expanding access to cleaner, more efficient power.

Since its founding less than two years ago, HKG Energy has moved fast: entering proof-of-concept phases with global OEMs and battery makers, securing millions in LOIs, and receiving clean energy grants from both Vietnam and the US. Moreover, they’re now a member of Greentown Labs, a leading climate incubator based in Boston.

Sample cells made by HKG Energy

But her journey didn’t start in America. Giang’s career began in Vietnam, working her way up toward a leadership position in the Vietnamese EV company VinFast and managing a US$2-billion supply chain.

Now, through HKG Energy’s partnership with New Energy Nexus Vietnam, Giang is paying it forward by opening doors for young people to enter the clean energy sector.

“We’re truly grateful for [New Energy Nexus Vietnam]’s commitment to building a sustainable startup and talent ecosystem. Your support goes beyond programs; it’s a belief in the potential of founders and future leaders.”

Vietnam on the rise

For Giang, success isn’t just about building a company; it’s about building capacity for a nation ready to lead in deep tech.

“Vietnam has a unique window to leap ahead, not just as Southeast Asia’s gateway, but as a global hub for deep-tech manufacturing. The key is not waiting for the ecosystem to mature, but actively building it: invest early in high-quality startups, fund national labs and pilot lines, and de-risk commercialization. It’s not a burden, it’s an opportunity to lead.”

Her vision for Vietnam’s role in the clean energy transition is bold, drawing from her experience managing a US$2 billion supply chain for Vietnamese EV company VinFast.

“From my time at VinFast… I saw Vietnam’s speed and scale. But to lead globally, we must shift from assembly to deep-tech leadership. HKG Energy brings that shift – building homegrown IP and advanced battery materials that can power Vietnam’s rise in the global battery value chain.”

Giang Hoang presents HKG Energy to Julien Guerrier, European Union Ambassador to Vietnam.

Giang’s story goes beyond her success in her tech. She is one of many women and Southeast Asian leaders breaking glass ceilings across the globe. As they do this, more innovators can bring forth solutions that can make the clean energy transition go faster – ensuring a better, more sustainable future for everyone.

“Clean energy isn’t just necessary for the planet, it’s a sound investment. It’s already cheaper than fossil fuels and will define the future of industry. For the next generation, stepping into this space isn’t just a mission – it’s a smart, strategic move.”

Looking for more clean energy stories in Vietnam and beyond? Or are you a founder searching for opportunities? Find out more from New Energy Nexus Vietnam here.

Written by Jie Xiao, Country Director at New Energy Nexus China

I’ve just come back from three of the world’s biggest climate gatherings — New York Climate Week, Bangkok Climate Action Week, and Shanghai Climate Week — and one thing is crystal clear: the center of gravity in the global energy transition has shifted decisively to Asia. Everywhere I went, the same figures echoed: half of the world’s electricity is already consumed in this region, with Southeast Asia on course to account for 25% of global energy demand growth between now and 2035. The question is no longer whether Asia will lead the energy transition, but how.

And here’s the problem. Much of the conversation still focuses on supply and demand — China providing the technology and capital, Southeast Asia absorbing and applying it — rather than on what they can build together. That picture is badly outdated.

If Asia is to decarbonise at the speed required, this relationship must become a partnership of ecosystems, not just markets. What I saw across these climate weeks was the urgent need for entrepreneurship, collaboration, and shared innovation, not simply more shipments of solar panels across borders.

Asia already sits at the centre of this shift. Southeast Asia’s electricity demand is surging, growing nearly twice as fast as the global average. If these countries choose to lock in new fossil infrastructure, the world loses. If they leapfrog straight to clean energy, the world wins.

From left: Jason Dong, Executive Director of the Shanghai Climate Week Climate Lighthouse Professional Committee; Peter du Pont, Board Member at New Energy Nexus; Leo Horn-Phathanothai, Founder & Convenor of Bangkok Climate Action Week; Jie Xiao, General Manager of New Energy Nexus China; Ian Shih, Member of the Shanghai Climate Week Executive Committee, and International Advisor to the UNITAR Prosperity Alliance (Shanghai); and Dr. Manaswee Arayasiri, Sanitary Engineer at the Bangkok Metropolitan Administration.

That is why the relationship between China and Southeast Asia is so pivotal. What the climate weeks in Bangkok and Shanghai showed me is that Southeast Asia is not a passive recipient, but a laboratory for innovation. Local entrepreneurs are building new business models: rooftop solar sold on installment plans, mini-grids designed for island communities, efficiency solutions adapted to local commercial buildings.

And yet, the connective tissue between China’s and Southeast Asia’s clean energy innovation ecosystems remains thin. Chinese companies bring unmatched scale, capital, and supply-chain sophistication. But too many still see Southeast Asia as another export market due to limited understanding of local markets and policies, rather than a partner in co-creation. On the other side, Southeast Asian startups are inventive but often under-capitalised, locked out of manufacturing scale, and slowed by fragmented regulation. Both sides would benefit from deeper integration: shared accelerators, joint venture funds, mutual performance guarantees, and training exchanges that allow ideas to flow in both directions.

One moment in Bangkok captured what cross-border collaboration can look like in practice. At an event co-hosted by organisers of Shanghai and Bangkok Climate Weeks with New Energy Nexus China, we saw Chinese and Thai innovators meet not as exporters and buyers, but as partners in the clean energy transition. Corporates like TCL, LONGi, and Saint-Gobain showed how they’re digitalising factories and decarbonising supply chains, while startups such as Brick Technology, i2Cool, and Thailand’s Altotech shared solutions for smart, energy-efficient buildings. In that exchange, a new ecosystem took shape — built on trust, shared learning, and the belief that Asia’s net-zero future will be co-created, not imported.

Altotech (Bangkok) provides an integrated AIOT energy management platform for building cooling and air-conditioning system management. It automates building management all in one place, reducing electricity cost by potentially 20-30%. Altotech participated in our Smart Energy Hackathon, Smart Energy Accelerator, the Decarbonize Thailand Sandbox, as well as the NEX COP28 Climate Tech Startup Accelerator.

What struck me most after these three climate weeks is how stark the choice is. Asia can double down on a transactional model — hardware shipped one way, demand absorbed the other — or it can step up to build a genuine partnership of entrepreneurs and innovators. The former may look efficient, but it risks a brittle transition that cannot withstand shocks. The latter is harder, messier, slower to start. But it is the only way to build the resilient and adaptive clean energy systems that can carry half the world’s population into a decarbonised future.

Noel Rosal, Governor of Albay Province, Philippines, at Bangkok Climate Action Week 2025, discusses how local communities and institutions across the Asia Pacific are driving climate adaptation and mitigation through finance, leadership, and practical solutions.

China has much to gain from this shift: opening new markets, diversifying demand, and learning from the hard realities of diverse Southeast Asian geographies. Southwest Asia, in turn, gains access to proven technology and capital, while embedding its own innovators in global supply chains. This is not dependency; it is mutual advantage.

What New York Climate Week – with its big names and Western donors – offered was the view from the top: big finance, global politics, systemic frameworks. But it was Bangkok and Shanghai that offered the view from the ground: dynamic, entrepreneurial, urgent. If we want this to be the Asian decade of climate leadership, that is where our focus must be.

The lesson is simple. Southeast Asia’s clean-tech future will be built on ecosystems of entrepreneurs, investors and innovators working across borders, taking risks together, and co-creating solutions suited to the region’s realities. That was the palpable change I felt in Bangkok and Shanghai, and it is the change we must now scale.