Solar Photovoltaic Power Generation Business Development

Where is the photovoltaic (PV) market developing?

Figure 7. The photovoltaic (PV) market development in China, Germany, Japan and the USA from 1990 to 2017 (Data source: IEA. PVPS. National Survey Report of PV Power Applications). By the end of 2009, the cumulative PV installed capacity in China was only 300 MW.

How can a company promote solar PV technology?

A company’s ability to devise and deliver value offerings that match customers’ needs is vital in encouraging the adoption of solar PV technology. The extent to which a company can address market needs and deliver value often depends on the business model it has adopted.

What are the business models for solar PV installation?

The business models are concentrated around the way rooftops are being utilized for solar PV installation. Accordingly four business models could be discovered in the markets which are explained through the following diagrams. 1.1.1. Solar Roof Rental Model 1.1.2. Solar PPA Model 1.1.3. Solar Leasing Model 1.1.4. Solar Co-operatives Model

What is solar photovoltaic (PV)?

Introduction Solar photovoltaic (PV) plays an increasingly important role in many counties to replace fossil fuel energy with renewable energy (RE). By the end of 2019, the world's cumulative PV installation capacity reached 627 GW, accounting for 2.8% of the global gross electricity generation .

Is solar PV a strategic renewable technology?

This report clearly points out that solar PV is one of the strategic renewable technologies needed to realise the global energy transformation in line with the Paris climate goals. The technology is available now, could be deployed quickly at a large scale and is cost-competitive.

How has the solar PV industry evolved in recent years?

The evolution of the solar PV industry so far has been remarkable, with several milestones achieved in recent years in terms of installations (including off-grid), cost reductions and technological advancements, as well as establishment of key solar energy associations (Figure 5).