Global clean energy trade hit $479 billion in 2025 as solar, battery storage, and grid equipment demand rose despite tariffs and geopolitical tensions

Global shipments of clean energy products, battery metals, and grid equipment reached $479 billion in 2025, a 1% increase from 2024 according to BloombergNEF. This modest rebound follows a 7% drop in volumes from 2023 to 2024. The recovery is driven by countries seeking energy security as fossil fuel prices remain volatile due to Middle East conflicts and trade disputes. Solar cells, battery storage, and electric vehicles are seeing rising demand, especially in fuel-importing nations in Asia and Africa. Emerging economies are adopting renewable technologies to reduce exposure to unstable fuel markets. Higher oil and gas prices strengthen the case for solar energy, batteries, and EVs. The report signals that despite economic uncertainty and tariffs, the energy transition maintains momentum as governments prioritize domestic clean energy supply chains and grid upgrades.