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Trading into Bright Energy Future: The Case for Open, High-Quality Solar PV Markets

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Bhoomika Singh
Updated On
WTO Trading Energy Future 2021

trade, renewable energy

Solar photovoltaics (PV) has become a mainstay of low-carbon sustainable energy strategies, with the cost of electricity generated by PV plants declining by 77% between 2010 and 2018. Trade and the globalization of the solar PV market have been major factors driving the decrease in technology prices as manufacturers are able to source goods and services from competitive suppliers.

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This report draws on the development and implementation of a quality infrastructure for trade in renewable energy technologies. By assisting an expansion in solar energy, trade can contribute to environmental goals and support economic recovery, including an increase in jobs in the aftermath of the COVID-19 crisis.

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solar PV industry Solar Energy PV market IRENA
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