Why did governments offer incentives to the PV industry?

Governments offered incentives in order to encourage the PV industry to achieve the economies of scale needed to compete where the cost of PV-generated electricity is above the cost from the existing grid.

How LDK Solar will boost China's solar market?

All such financial incentive schemes boosts most of the new development in China solar market, such as the new thin film solar plant of Anwell Technologies and Tianwei, as well as the contract signed by LDK solar to install up to 500 MW of capacity of PV stations over the next five years in Jiangsu Province of China.

How do governments promote re in the energy sector?

To promote the share of RE in the energy sector, governments offer various forms of financial assistance, incentives, and tax exemptions. To achieve a successful RET, these incentives must be provided for a definite period to allay investors’ concerns.

What is the California Solar Initiative?

In 2006 California approved the ' California Solar Initiative ', offering a choice of investment subsidies or FIT for small and medium systems and a FIT for large systems.

What are financial incentives for photovoltaics?

(January 2018) Financial incentives for photovoltaics are incentives offered to electricity consumers to install and operate solar-electric generating systems, also known as photovoltaics (PV).

Can a 50 kW P Project claim the Ro?

Projects up to 50 kW p in size were no longer be able to claim the RO; existing installations were automatically transferred to the FiT. New and interim period projects between 50 kW and 5 MW will be given a one-off choice between claiming support under the FIT or the RO.