The supply chain is the heartbeat of renewable energy’s tripling target.
By the end of 2024, global solar PV installations surpassed 2.1 TW, and energy storage capacity also quadrupled compared to 2021, approaching 180 GWh. To support this massive growth, solar PV and energy storage have not only achieved breakthroughs in technology and costs, but have also driven rapid supply chain expansion, triggering new waves of disruption in 2025. The real battleground is not just where systems are installed, but across every link of the global supply chain.
The global solar PV and energy storage supply chains are facing a critical test. Rapid policy shifts, raw material price volatility, the geographic reshaping of manufacturing, and rising low-carbon standards are all challenging their scalability and resilience. From polysilicon, wafers, cells, and modules to inverters and system integration in solar PV, and from critical minerals to lithium batteries and integration in energy storage—whether the world can meet the renewable tripling target and advance the energy transition over the next five years will depend on the stability, flexibility, and sustainability of the solar PV and energy storage supply chains.
In "On the Road to Net Zero: A Forecast to 2030 For Solar and Energy Storage White Paper," InfoLink, at the pivotal point of 2025, summarizes the developments of 2024 and offers clearer observations on the global course ahead:
- Policy-driven growth in major markets
- Competitive races and geopolitical shifts in key materials and capacities
- Technological evolution reshaping supply chain dynamics
Over the next five years, the solar PV and energy storage supply chains will not merely support the energy transition—they will be the strategic key players.
This White Paper is intended both as a compass and a call to action.
From 2025 to 2030, the golden window of six years of challenges, only by advancing together can we build a future anchored by renewable energy and sustainable development.