How should solar panel traders deal with policy and market risks?
Problems:
1. Trade barriers in overseas markets such as US anti-dumping duties and EU carbon tariffs.
2. Exchange rate fluctuations such as US dollar settlement risks.
Solutions:
1. Pay attention to renewable energy policies in various countries such as the European REPowerEU plan and the US IRA Act. And adjust target markets in advance.
2. Use foreign exchange futures or letters of credit to hedge exchange rate risks.
3. Explore emerging markets such as the Middle East and Africa to reduce dependence on a single region.