The current situation and development of photovoltaic bracket

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.

Where did photovoltaic market development and incentive policy take place?

Annual photovoltaic (PV) market development and incentive policy in China, Germany, Japan and the United States (Data source: IEA policy database). Except for the USA, all other three countries launched national-scale FiT schemes. Figure 10 shows the annual PV market and incentive policy in China, Germany, Japan, and the USA from 1990 to 2016.

How did the FIT policy affect the global PV market development?

We find that the FiT policy significantly affected the global PV market development. Germany introduced the FiT scheme in 1991, which drove the formation of the German PV market. The PV market continuously increased under a stable “EEG” in 2000. Since 2008, Germany has been the largest PV market.

How has fit policy influenced the growth of PV market in China?

Thus, the FiT policy has driven the rapid growth of the PV market in China. In 2015, “a Top Runner Program” was introduced to encourage Chinese PV companies to invest in PV R&D (IEC, 2018). With the expansion of the domestic PV market, the PV product capacity in China continues to grow.

How did incentive policies affect solar PV development?

Platzer et al. (Platzer, 2016) pointed out that the introduced incentive policies were the key factors to affecting the PV deployment and that they helped to initiate the early niche markets in the United States. Since the 1990s, Japan and Germany have become the leading countries in solar PV development.

How will the abolition of fit affect solar PV?

In 2019, the cumulative PV installed capacity was 49.27 GW; when the 52 GW cap was reached, the government ceased the application of FiT to new solar PV projects. The abolition of FiT means that the profit of the solar PV will decrease significantly, which indicates that the PV deployment will be reduced.