These trade activities involve the manufacturing, import, export, and distribution of various components and systems used in solar power generation. The solar PV equipment trade encompasses a wide range of
It is predicted to reach 195 GW by 2040, accounting for 21% of the total power generation capacity [5]. it is worth noting that the growth pattern of the foreign trade value of
The year 2024 marks a significant milestone for the solar and renewable energy sector, with numerous international expos and trade fairs scheduled across the globe. These events promise to showcase the latest in technology, foster
In this paper, the IRCA method is used to analyse the export trade competitiveness of solar photovoltaic products in CPTPP countries. To obtain the IRCA index for each commodity group in each year, this study uses
Solar PV products are a significant export for China. In 2021, the value of China''s solar PV exports was over USD 30 billion, almost 7% of China''s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet
In 2021, the value of China’s solar PV exports was over USD 30 billion, almost 7% of China’s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.
The global solar PV product trade plays an important role in facilitating PV product production and utilization and in mitigating climate change. Traded solar cells and modules in 2017 could generate 2325.25 TWh of electricity over their 30-year lifetimes.
Zhu et al. (2021) examined the impact of both internal and external forces on China’s solar PV export during 2007–2016, and found that trade protectionism and some non-tariff barriers inhibit China’s PV exports.
Strengthening international governance and cooperation is crucial for promoting the export of Chinese photovoltaic products to South and Southeast Asian countries. By improving governance levels and transparency, and establishing a stable and predictable trade environment, countries can jointly promote the development of the green economy.
Korea should continue to maintain the positive momentum of technological and scientific innovation, improve its technology, and optimize its products, thereby expanding its trade advantages, improving and upgrading its trade status, and striving to secure its position in the market of solar photovoltaic products.
H1: Green trade barriers will have a positive impact on the trade scale of China’s photovoltaic products exports to ASEAN. Exchange rates play a crucial role in international trade by affecting the relative cost of goods and services across countries.
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