In recent months, Kathmandu's photovoltaic (PV) module exports have seen a significant downgrade in international markets. This shift stems from two main factors: tightening global quality standards and increased competition from Southeast Asian manufacturers. 2 GW of modules in November 2024, down 12% MoM from 17. 71 GW, according to InfoLink's customs data. What Are Downgraded PV. . Following the termination of the PV VAT export rebate announced by China's Ministry of Finance and State Taxation Administration earlier this month, significant market fluctuations were triggered in the PV industry. According to estimates from the China PV Industry Association (CPIA), China's PV. . Although AD/CVD duties continue to fluctuate, PV module exports from the four Southeast Asian countries—Vietnam, Malaysia, Thailand, and Cambodia—to the U. For PV cells, until large-scale domestic production begins, the U. New Zealand is well-placed in the Asia-Pacific region, making it a key location for clean energy exports and green hydrogen. .
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