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Solar Trade
Solar energy trade refers to importing solar power harnessed in other countries via cross-border grids. It promotes renewable energy, enhances global cooperation, and makes clean energy accessible to energy-poor regions.
Solar trade enables wider access to clean power, cuts dependence on fossil fuels, and strengthens international economic ties by efficiently distributing solar resources from high-sunshine areas to energy-deficient ones.
Major challenges include the high cost of transmission infrastructure, energy loss over distances, and regulatory hurdles. Addressing these barriers is vital for unlocking solar trade’s full potential.
Examples include North Africa exporting solar power to Europe and Asia’s interconnected grid initiatives, showcasing growing collaboration to meet clean energy needs and address regional energy shortages.
Advances in transmission technology and global agreements could expand solar trade, supporting renewable energy goals and creating resilient, sustainable international energy systems in the coming decades.