As resource shortages and environmental problems keep coming up, economies urgently need renewable energies as the new driving force for development. As one of the representatives of renewable energy, the photovoltaic (PV)'s trade has received much attention from all walks of life. Based on bilateral PV trade data, complex network methods and exponential random graph models (ERGM), this paper constructs global PV trade networks (PVTNs) during 2000-2019, describes detailed evolution features and verifies the influencing factors of the PVTNs. We find that (1) PVTNs have obvious characteristics of the small-world network, accompanied by disassortativity and low reciprocity. (2) Asia, North America, and Europe are the top 3 leading regions in the PVTNs. (3) China is the largest exporter, and the US is the leading recipient. Germany is an essential importer as well as exporter of PVTNs. (4) The formation and evolution of the PVTNs are significantly affected by transitivity, reciprocity, and stability. PV trade is more possible when economy-pairs are WTO members, located on the same continent, or with asymmetrical urbanization rates, industrialization rates, technological level or environmental supervision strength. Specifically, economies with higher industrialization rates, technological levels, stricter environmental regulations or lower urbanization rates are more likely to import PV. Economies with higher economic development, larger area, and greater trade openness are more inclined to trade PV. Besides, economic partners that share a religion or language, have common historical colonial ties or geographic borders or sign regional trade agreements are more likely to trade PV.
Keywords: Complex network; ERGM; Global trade network; Photovoltaic (PV).
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.