How do international trade policies shape the global solar photovoltaic landscape?

International trade policies shape the global solar photovoltaic (PV) landscape through complex networks of tariffs, regulations, and bilateral agreements that significantly impact market dynamics and industry growth.

What is the export value of PV cells & modules?

According to the statistical data, 1 the export value of global PV cells and modules increased from approximately 54.7 billion USD to approximately 74.1 billion USD from 2012–2021, a growth of 35.5%, which was greater than that of global merchandise trade during the same period (20.3%).

Will Indian photovoltaic module exports suffer a period of stagnation?

In the backdrop of huge capacities likely to be set up in the U.S. under the Inflation Reduction Act (IRA), Indian photovoltaic (PV) module exports to the U.S. may experience a period of stagnation from 2025 and decline from 2027.

How did antidumping and countervailing policies affect the Chinese photovoltaic industry?

Antidumping and countervailing policies from the EU and the USA significantly reduced the export volume and number of new entrants in the Chinese photovoltaic industry. Despite initial setbacks, both export volume and new entrants experienced a “V”-shaped rebound, with new firms rebounding faster and more significantly.

Are trade barriers affecting Chinese exports of PV cells and modules?

According to the results in the first two columns in Table 2, compared with the trade situation between China and economies that have not initiated ACPs, the trade barriers between China and Europe and the USA has had a significant negative impact on Chinese exports of PV cells and modules.