Registration of photovoltaic bracket processing enterprises

How to start PV industry in China?

Due to the ever-increasing energy and environmental pressures, China is switching to focus more on fostering the PV industry. The primary policy instrument to start PV industry in China is government subsidy (hereinafter GS), which was granted to PV enterprises to incentivize the investment in the PV system and supporting facilities.

How can the PV industry be regulated?

Additionally, some policies can also be put into practice (such as reducing the PV benchmarking feed-in tariff, tax subsidies) to control the speed of industrial development and thereby solve the problems of overcapacity and delays in government subsidies caused by the excessive expansion of the PV industry.

How to foster advanced technologies in PV industry?

To foster advanced technologies in PV industry, demand-side R&D subsidies should be granted at proper rates [59, 63]. Thus, this article gives corresponding policy recommendations. Firstly, the government should attach importance to the positive signaling role of R&D subsidies policy and increase the amount of R&D subsidies to PV industry.

Why is the PV industry a strategic emerging industry?

As a strategic emerging industry, the PV industry needs substantial capital investment in the development process due to its high technical requirements. If government subsidies adjust in conjunction with the expansion of the industrial scale, PV enterprises will be encouraged to actively innovate and lower production costs (Zhang and Wang 2017).

How does the photovoltaic industry develop?

The empirical results indicate that carbon dioxide emission mitigation requirements, government subsidies, technological progress, energy substitution, economic growth, and illumination resources promote the development of the photovoltaic industry.

Do GS subsidies promote the R&D efforts of PV Enterprises?

As a rapidly developing economy, China has attracted a lot of global attention [61, 62]. In recent years, large amounts of GSs have been subsidized to PV enterprises in China. There is an arising controversy about whether these subsidies have promoted the R&D efforts of PV enterprises.