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ID: 150708

Analysis of the policy effects of downstream Feed-In Tariff on China’s solar photovoltaic industry / Wang, Hongwei; Zheng ,Shilin ; Zhang, Yanhua ; Zhang, Kai

Wang, Hongwei	Journal Article
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Summary/Abstract

The Chinese government initiated the Feed-In Tariff (“FIT”) policy for downstream power generation in August 2013. The effectiveness of the downstream FIT policy has attracted the attention of academia and government. Using the quarterly data of listed solar PV companies between 2009 and 2015, this paper provides an empirical analysis regarding the effects of the downstream FIT policy. We find that (1) the FIT policy has significantly enhanced the inventory turnover of listed PV firms and improved their profitability; (2) the FIT policy has significant effects on the inventory turnover of midstream companies and mixed industry-chain companies mainly engaged in downstream operations; (3) FIT policy is more favorable towards increasing the inventory turnover of private enterprises. Our results indicate that the FIT policy can have substantial effects on the sustainable development of China's solar photovoltaic industry.

Key Words

Solar PV Industry ; Policy Effect ; Feed-In Tariff Policy

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ID: 108125

Technology transfer, indigenous innovation and leapfrogging in green technology: the solar-PV industry in China and India / Fu, Xiaolan; Zhang, Jing

Fu, Xiaolan	Journal Article
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2011.

Summary/Abstract

In recent years China and India have achieved tremendous technological progress and development in the solar photovoltaic (PV) industry. Using case studies, this paper analyses and compares the technology progress in the solar PV industry in China and India, and discusses the role national innovation systems played in sustaining technology acquisition, adaptation and development. It illustrates that both countries adopted a strategy of mixing and sequencing different technology transfer and indigenous innovation mechanisms. The experience of both countries also suggests that a functional national environmental innovation system is important in sustaining and advancing technology acquisition, adaptation and development. This paper provides an alternative pathway for developing countries to follow in catching up with developed countries in the emergent green industries and in leapfrogging towards an internationally competitive green economy.

Key Words

Technology Transfer ; China ; India ; National Innovation System ; Indigenous Innovation ; Solar PV Industry

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