A Comparative Study on Solar Photovoltaic Industrial Development In Germany, China and USA

Abstract

The world demand for energy has increased greatly that the conventional sources of electricity is unable to meet up this demand. In recent years this situation has made the solar power grow remarkably, while costs are decreasing dramatically as technology and rapid market growth enable economies of scale. This paper presents a comparative study on solar PV industrial development in Germany, China and USA by analyzing the PV industrial development, market positions and trend with a focus on their competitive policies. The analysis shows that German PV market is growing tremendously and had been the global leader in the PV market place but with the up spring of China and USA in the market there might be a global shift in developing a balanced market that will promote the PV industry globally. The paper also explores options for possible collaboration among the three countries in the field of PV industry.

Keywords: Photovoltaic (PV) Industry, Germany, China, USA, Market, Solar System, Balanced Development, Policies, Market Potentials.