Solar Photovoltaic Power Generation Product Entrepreneurship

Who are the founders of solar PV?

Other founders were pure serial entrepreneurs who used money from previous ventures to fund their entry into solar PV. The two brothers who founded Jinko, Xianhua and Xiande Li, had previously founded small firms in auto repair and firefighting equipment, and were also following the example of their brother, Li Xianshou, who had founded ReneSola.

Who supports X- maximizing solar PV integration capacity in energy and power systems?

This work is supported by Business Finland via Project “Solar X- maximizing solar PV integration capacity in energy and power systems (grant number 6844/31/2018)” and the Academy of Finland via the “Digitally mediated decarbon communities in energy transitions (DigiDecarbon)” project research funding (grant number 348210). Appendix 1.

Is solar PV a competitive source of new power generation capacity?

Solar PV is emerging as one of the most competitive sources of new power generation capacity after a decade of dramatic cost declines. A decline of 74% in total installed costs was observed between 2010 and 2018 (Figure 10).

Is solar PV a strategic renewable technology?

This report clearly points out that solar PV is one of the strategic renewable technologies needed to realise the global energy transformation in line with the Paris climate goals. The technology is available now, could be deployed quickly at a large scale and is cost-competitive.

How will solar PV transform the global electricity sector?

Alongside wind energy, solar PV would lead the way in the transformation of the global electricity sector. Cumulative installed capacity of solar PV would rise to 8 519 GW by 2050 becoming the second prominent source (after wind) by 2050.

How can a company promote solar PV technology?

A company’s ability to devise and deliver value offerings that match customers’ needs is vital in encouraging the adoption of solar PV technology. The extent to which a company can address market needs and deliver value often depends on the business model it has adopted.