Clean energy-related companies have experienced more than a threefold increase in existing stock over the past decade.

The ongoing geopolitical conflicts in the Middle East continue to drive up international oil and gas prices, highlighting the risks associated with our country’s high dependence on foreign crude oil. Recently, the national level has released intensive signals for the development of green fuels, placing it for the first time under the narrative of “replacing oil and ensuring energy security.” In addition, from March 25 to 27, the 16th China International Clean Energy Expo was held at the National Convention Center in Beijing. As the first national-level clean energy event in the first year of the 14th Five-Year Plan, enterprises from multiple countries and regions gathered to collectively showcase the systematic evolution of the clean energy industry chain.

According to Qichacha data, as of March 26, there are 6.1427 million existing clean energy-related enterprises in the domestic market. Over the past decade, the year-end stock of clean energy-related enterprises has continued to rise, with the year-end stock expected to reach 6.0272 million by the end of 2025, which is 4.31 times the stock at the end of 2016, showing a ten-year growth rate of 331.3%. In terms of establishment duration distribution, enterprises established for 5 to 10 years account for the highest proportion (29.06%). Regionally, East China ranks first with a share of 37.95%. In terms of registration volume, 929,500 clean energy-related enterprises are expected to be registered throughout 2025, which is at a high level of registration in the past decade. As of now, 176,900 have been registered this year.

Ten-Year Stock Growth Exceeds Threefold, Strong Growth Momentum

According to Qichacha data, as of March 26, there are 6.1427 million existing clean energy-related enterprises in the domestic market. Over the past decade, the year-end stock of clean energy-related enterprises has continued to rise, with growth accelerating further from 2023 to 2025, highlighting the expansion vitality of the industry against the backdrop of energy transition. The year-end stock in 2016 was 1.3976 million, and by the end of 2025, it is expected to reach 6.0272 million, which is 4.31 times the stock at the end of 2016, with a ten-year growth rate of 331.3%.

Enterprises Established for 5—10 Years Have the Highest Proportion

According to Qichacha data, in terms of the distribution of enterprise establishment duration, enterprises established for 5 to 10 years account for the highest proportion (29.06%), followed closely by those established for 1 to 3 years (26.03%). Enterprises established for 3 to 5 years account for 18.17%, while those established within one year represent 14.02%, and mature enterprises established for over 10 years account for 12.72%. This structure indicates that the industry has both mature enterprises consolidating the foundation and a large influx of new enterprises, creating a pattern of new and old alternation that injects continuous resilience into industry development and reflects the market’s long-term optimism about the prospects of clean energy.

In addition, 929,500 clean energy-related enterprises are expected to be registered throughout 2025, which is at a high level of registration in the past decade. As of now, 176,900 have been registered this year.

East China Leads, Regional Collaborative Development

According to Qichacha data, in terms of regional distribution, East China has a steady first place with a share of 37.95%, concentrating nearly 40% of clean energy-related enterprises. Central China, South China, and North China account for 14.07%, 12.89%, and 11.85%, respectively, while Southwest and Northwest regions account for 10.51% and 9.12%, with Northeast China accounting for 3.62%. The regional distribution highly matches the energy resource endowments, industrial policies, and economic foundations of each area, with East China becoming the core growth pole of the industry due to its industrial foundation and policy advantages, while other regions are gradually catching up, forming a gradient development pattern.