Subsidies for photovoltaic energy storage power stations

Does governmental subsidy support China PV companies?

Although governmental subsidy strongly supports the China PV companies, few of them have competitiveness in the global market. This dramatically conflictive phenomenon attracted many researchers’ attentions in recent years.

Does subsidy affect PV companies at different development stages?

Enterprise development stages were determined based on net revenue. Subsidy effects on PV companies at different developing stages were studied. The occasion to provide subsidy at different developing stages was investigated. Z-score formula method was used to find the best exit occasion of subsidy.

What are the negative effects of governmental subsidies on PV industry?

At the same time, negative effects, like serious oversupply of PV industry, were brought about by these large scale governmental subsidies. Although governmental subsidy strongly supports the China PV companies, few of them have competitiveness in the global market.

Do governmental subsidies aggravate the overcapacity of PV supply?

Finally, a conclusion was drawn that the governmental subsidies at Early Exploratory Stage can maximize the social and economic effects, suggesting the best entry occasion, and subsidies at Intermediate Stage and Mature Stage have little effects on its turnover and aggravate the overcapacity of PV supply, suggesting a suitable exit occasion. 1.

Which countries subsidize solar power plants?

Low and Abrahamson (1997). As the same as Europe (EU), the United States of America (USA) and Japan, China launched a national solar subsidy program in June 2009, named Golden Sun Program, which subsidized 50% of investment for solar power plants, with a total amount of 10 billion RMB (1.6 billion USD).

Can positive governmental policy boost the growth of PV industry?

On the other hand, positive governmental policy is an extraordinarily effective method to boost the growth of PV industry because this industry needs a long-term development period. Low and Abrahamson (1997).