Global trade in clean energy products expanded in 2025, reaching $479 billion, marking a 1% increase from the previous year, according to BloombergNEF.
The rebound comes despite a challenging global environment shaped by rising tariffs on clean energy goods, geopolitical tensions, and instability in energy markets. However, sustained demand for solar panels, electric vehicles, batteries, and grid infrastructure helped drive continued growth in international trade.
A key factor behind the surge is rising fossil fuel prices, driven by ongoing conflicts in the Middle East. Higher oil and gas costs have pushed many countries to accelerate the shift toward renewable energy as a strategy to improve energy security and reduce exposure to volatile fuel imports.
In response, governments and consumers in several regions have increased adoption of solar and battery systems. Markets in Asia and parts of Africa are also seeing growing uptake of distributed solar solutions as electricity costs remain high and supply reliability becomes a concern.
Cost improvements are further strengthening the transition. Prices for lithium-ion battery packs have fallen from $118 per kilowatt-hour in 2024 to about $108 in 2025, making storage solutions more accessible for large-scale and residential use.
Meanwhile, global clean energy investment continues to climb, reaching approximately $2.2 trillion by 2025, according to the International Energy Agency—roughly double the level of fossil fuel investment.
Despite global uncertainty, the clean energy sector continues to expand, signaling sustained momentum in the worldwide energy transition.