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This article summarizes the internal and external environment of China's PV industry and describes its future trends and prospects and also discusses a proposed rate-making process and renewable energy supervision.
Some scholars have used data envelopment analysis and the Tobit model to analyze the relationship between the development of China's PV industry and government subsidies, and the study shows that government subsidies play an important role in improving the innovation efficiency of China's PV industry (Lin and Luan, 2020).
Recently, governments in China provide a large scale of subsidies to enterprises in their regions to accelerate the local economy development. The governmental subsidies in China include Value Added Tax (VAT) return, financial subsidies and taxation incentive.
"This new pricing policy will significantly accelerate the construction of a modern power system and ensure the sustainable development of renewable energy," said Zhang Dayong, deputy secretary-general of the China Association for the Promotion of Industrial Development.
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.
Over recent decades, China has risen to a preeminent global position in both solar photovoltaic (PV) adoption and production, a feat underpinned by a suite of pivotal policy measures. With a burgeoning demand for PV systems on the horizon, there is an urgent need to reassess past policies and chart new directions.
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).
- Rule of Thumb: The inverter's rated power (kW) should align with the battery's capacity (kWh). - Oversizing the battery can lead to underutilization, while undersizing may limit performance. Your inverter needs to handle every watt your loads demand simultaneously -- both the steady continuous draw and the brief high-power surges when motors start. Undersizing means tripped breakers and failed startups. Formula: Battery Capacity (Ah) = (Inverter Power × Runtime) ÷ (Voltage × Efficiency).
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