The impact of photovoltaic module exports

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.

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%).

Do Green trade barriers affect photovoltaic exports?

Specifically, green trade barriers have a positive impact on the export of photovoltaic products in countries with higher exchange rates and different official languages, whereas their impact is insignificant or negative in countries with lower exchange rates and the same official language.

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.

Does China have a role in the global deployment of solar photovoltaic technology?

A green expansion: China's role in the global deployment and transfer of solar photovoltaic technology. Energy Sustain. Dev. 60, 90–101. doi:10.1016/j.esd.2020.12.006 Li, L., and Zhu, H. (2020). Analysis on trade effect of green barriers and on agricultural product export and maritime transport in China. J. Coast.

How can China reduce the financial risks associated with photovoltaic products?

For countries with faster economic growth and higher market demand, more competitive financing schemes and export credit guarantees can be offered to reduce the financial risks associated with procuring Chinese photovoltaic products.