Solar Energy Industry Chain Project Promotion

How has the solar supply chain changed in 2021?

There are a number of different investment options at the different stages of the solar supply chain, investments in the solar value chain have grown at a rate of ∼ 9% in the last decade. Investments in solar R&D have increased by 30% in 2021, nearly 90% of which was allocated to advance technologies in solar cells.

How has solar PV industry changed over the past decade?

Global cumulative investment in solar PV manufacturing facilities doubled in the past decade amounting USD 100 billion in 2021 increasing by 50% during 2014–21 as compared to 2008–14. Additionally, the solar supply chains is highly concentrated in China, and there is need for diversification across the regions.

Is solar PV the fastest growing energy technology in 2021?

With a 37% compound annual growth rate (CAGR), solar PV emerged as the fastest growing energy technology and the one with the brightest prospects. The market size in 2021 represents a 18% increase from 2020 and a 445% growth compared to 10 years earlier.

Why are inter-organizational relationships important in the solar PV industry?

Inter-organizational relationships along the value chain are of vital importance to gain competitive advantage in the solar photovoltaic industry. During the last two decades, the solar PV industry experienced decisive changes of its global business network configurations where Chinese firms comparatively have gained competitive advantages.

What does the European solar PV industry alliance do?

Kerstin Jorna, Director-General of the Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs, European Commission, commented: “The Commission strongly supports the European Solar PV Industry Alliance’s mission to boost solar PV manufacturing in the EU.

Is Chinese solar PV market leadership a result of relationship activities?

Through a detailed analysis exploring insights into upstream and downstream network dynamics, we deliver empirical evidence, that the current market leadership of Chinese solar PV firms was “not reached overnight” but is a result of relationship activities during the last 15 years.