The regulatory landscape and intellectual property rights play a crucial role in the global solar photovoltaic (PV) market. Governments across the world are introducing policies and regulations to encourage the adoption of solar energy and reduce reliance on fossil fuels. These policies include incentives such as tax credits, feed-in tariffs, and renewable portfolio standards.

In the United States, the Investment Tax Credit (ITC) allows businesses and homeowners to deduct 26% of the cost of installing solar panels from their federal taxes. This has been a significant driver of growth in the US solar PV market. In China, the government has set ambitious targets for solar PV installations and offers subsidies to support the industry.

Intellectual property rights also play a critical role in the solar PV market. Companies that hold patents on key technologies can prevent competitors from entering the market or charge licensing fees for the use of their technology. This can lead to monopolies and inhibit innovation in the industry.

To promote innovation and competition in the solar PV market, some countries have established patent pools. A patent pool is a consortium of companies that share their patents with each other to promote innovation and reduce licensing costs.

The regulatory landscape and intellectual property rights will continue to play a crucial role in the global solar PV market as the industry continues to grow and evolve. Policymakers will need to balance the need for incentives to support growth with the need to promote competition and innovation in the industry.