The European Technology and Innovation Platform for Photovoltaics (“ETIP-PV”) has developed a Strategic Research and Innovation Agenda (SRIA) covering photovoltaic science, technology and applications in Europe. The European Green Deal and its Fit for 55 package, the Paris Agreement, Horizon Europe, and even the 2020 European Recovery Plan have placed climate neutrality by 2050 at the heart of Europe’s socio-economic future. At global and European scales, electricity is the cornerstone of decarbonized modern energy systems. Solar and wind rang among key energy sources to deliver this electricity in sufficient quantities, at affordable cost, in a sustainable manner. Solar PV will thus play a prominent role to achieve EU’s clean energy targets, as well as the global sustainability goals. Solar PV technology has already proven to be economically and environmentally competitive. On its journey to become a major player of the clean energy system, it must successfully address further challenges related to device innovation, manufacturing, integration, and circularity. The SRIA analyses five interlocking challenges of PV research & innovation, topics broadly encompassed under themes of (1) performance enhancement and cost reduction, (2) manufacturing processes, (3) quality and circularity, (4) integration and double use along with public support and (5) he socio-economic transition. We will present the consolidated SRIA for PV, discuss the overarching challenges for the energy transition and how PV will contribute to the fit for -55% target till 2030.