The production prospects of photovoltaic brackets

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 has the photovoltaic industry evolved from subsidized branch to independent?

The evolution of the photovoltaic industry from the subsidized branch to independent profitable energy sector. Current commercial solar cells are installed with ever-increasing efficiency with a small or no increase in manufacturing costs that consequently reduces watts per dollar ratio [ 14 ].

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 much does photovoltaics contribute to the world's electricity demand?

In total, PV contribution amounts to over 8% of the electricity demand in the world. Public policies with regards to photovoltaics tend to change as governments seek to promote solar or react to changing costs to investors or even state aid programs.

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.

Will the photovoltaic industry become a primary source of energy?

Projecting further in the future, the photovoltaic industry will ultimately become the primary source of energy that means the size of today's photovoltaic systems requires a tremendous capacity increase in a brief time [ 19 ].