2020
DOI: 10.1177/0144598720979256
|View full text |Cite
|
Sign up to set email alerts
|

Development of solar photovoltaic industry and market in China, Germany, Japan and the United States of America using incentive policies

Abstract: Solar photovoltaic (PV) technology has developed rapidly in the past decades and is essential in electricity generation. In this study, we demonstrate the relationship between PV incentive policies, technology innovation and market development in China, Germany, Japan and the United States of America (USA) by conducting a statistical data survey and systematic literature review. This article investigates the key policies affecting the development of PV technology from the perspective of solar PV Research and D… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
9
1
1

Year Published

2021
2021
2024
2024

Publication Types

Select...
6
3

Relationship

0
9

Authors

Journals

citations
Cited by 38 publications
(14 citation statements)
references
References 42 publications
0
9
1
1
Order By: Relevance
“…The practice of the countries like Germany, Japan and the USA shows that government incentive policies have significantly improved PV technology innovation. In these countries, the consumer market has fully recognized the SPVP project, and the market share of SPVP has reached a high proportion, which is relatively mature (Wen et al ., 2020).…”
Section: Discussionmentioning
confidence: 99%
“…The practice of the countries like Germany, Japan and the USA shows that government incentive policies have significantly improved PV technology innovation. In these countries, the consumer market has fully recognized the SPVP project, and the market share of SPVP has reached a high proportion, which is relatively mature (Wen et al ., 2020).…”
Section: Discussionmentioning
confidence: 99%
“…Another barrier to installing such resources is the high investment cost of them since they are costly technologies. To overcome this problem, many countries have legalized incen-tive policies and offered investment plans to attract private investors' attention [3,4]. In such conditions, the benefit of private investors is assessed through economic indices such as payback period years (PBY), internal rate on return (IRR), and net cash flow.…”
Section: Motivationmentioning
confidence: 99%
“…Japan also introduced an RPS scheme in 2003 to expand the development of other types of renewables such as wind power. But Japan surrendered the leading position because of the rise of German and European markets as well as the ascent of Chinese manufacturers (Wen et al, 2021).…”
Section: Reviewmentioning
confidence: 99%