As a key renewable energy, solar photovoltaic (PV) trade also suffers from large-scale trade frictions. China, as the largest solar PV manufacturer and exporter, accounts for 80 % of the global supply chain. Under this background, this paper takes China as a case, to assess the impacts of trade frictions on PV trades.
Our results highlight that an open trade policy is key to minimizing costs, even when considering security and environmental supply chain objectives. Cui et al. find that open trade policy is a key factor for achieving low-cost solar photovoltaic supply chains.
• The trade war of the early 2010s on solar PV initiated by the US and European Union (EU) triggered a major wave of bankruptcies in China that proved to be a temporary setback for the industry. China’s efforts to stimulate domestic PV deployment sustained the industry’s growth and drove rapid cost reductions for Chinese-manufactured modules.
Argentina is the largest initiator in these events, with seven events involving three types of interventions. The EU27 amended non-preferential rules of origin on solar panels in 2013, which is an essential aspect of the China-EU PV trade dispute.
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Cui et al. find that open trade policy is a key factor for achieving low-cost solar photovoltaic supply chains. This conclusion holds even for regions, like Europe, that seek to …
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Discover how solar energy trade connects nations through cross-border grids, promoting renewable energy adoption, enhancing cooperation, and driving global sustainability goals.
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The report “Reconfiguring Globalisation: A Review of Tariffs, Industrial Policies, and the Global Solar PV Supply Chain” by The Oxford …
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