The Philippine Exporters Confederation Inc. (PhilExport) highlights the country's potential to tap into the global market for renewable energy (RE) components, particularly solar photovoltaic (PV) modules. The organization cites a report from the International Trade Centre (ITC) that identifies several markets with growth opportunities for the Philippines. PhilExport emphasizes the need for investments in market intelligence, regulatory compliance, and export promotion strategies to capitalize on this potential.
THE country has an opportunity to tap into the market for renewable energy components such as solar photovoltaic modules, commonly known as solar panels , the Philippine Exporters Confederation Inc. disclosed over the weekend.The statement followed a report from the Geneva-based International Trade Centre saying, 'countries have room to expand their exports in several markets.
'PhilExport explained the country must invest in market intelligence tools to fill data and information gaps, participate with manufacturers and traders of components, and focus export promotion efforts and export strategies on high-potential RE components.'Market intelligence tools enable businesses to identify export opportunities and to enhance transparency around requirements in foreign markets,' the report said.
RENEWABLE ENERGY EXPORT SOLAR PANELS POLICY RECOMMENDATIONS TRADE
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