Financial subsidies for solar energy enterprises
Jiang et al. (2022) argue that financial support from local governments is key to maintaining the vitality of the digital transformation of small and medium-sized enterprises [38]; Gong et al ...
Why are solar energy subsidies important?
The scale of subsidies is in inverse correlation with the distribution of solar energy resources in some regions. Energy is the basis for development of material civilization. Since fossil energy can cause environmental problems, clean energy has become the trend of energy development. Solar energy is a kind of resource-rich and clean energy.
How do financial subsidies affect solar panels?
Gerarden (2022) examined the role of financial subsidies on solar panel manufacturers and found that financial subsidies led to more innovations in international enterprises, resulting in lower prices and more market adoption.
Do government subsidies affect photovoltaic industry?
We apply spatial econometric model to analyze the performance of government subsidies on photovoltaic industry. The installed capacity of photovoltaics has shown a significant spatial agglomeration situation since 2012. The feed-in tariff and R&D subsidy policies play a positive incentive to the photovoltaic installed capacity.
Do energy subsidies lower the price of energy products?
They believed that in a large number of investment and government intervention, energy subsidies lower the price of energy products, and further clarify that it is the best choice to develop the renewable energy technologies with energy subsidies in developing countries .
Do government subsidies promote Enterprise Innovation in the PV industry?
The purpose of this research is to explore the impacts of government subsidies on promoting enterprise innovation in the PV industry in pursuit of renewable energy goals. Theoretical analysis show that government subsidies paly an essential role in promoting enterprises innovation.
Why do we need government subsidies for PV & wind power?
It provides practical financial assistance for companies with technology in a more targeted manner and avoids parasitic diseases that enterprises heavily rely on government subsidies , which is fundamental to the sustainable development of the PV and wind power industry.
