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6 Frequently Asked Questions about “PV site investment”
Why should we invest in photovoltaic power plants?
The rising number of photovoltaic power plants drives us closer to grid parity (i.e. same costs for solar power as for electricity from conventional sources), with the result that electricity consumers will also benefit from our investments.
What is PV-invest?
PV-Invest develops innovative financing concepts for private and institutional investors in order to jointly construct profitable photovoltaic power plants.
What is solar PV & why is it important?
Solar PV, one of the fastest-growing forms of renewable energy , has emerged as a pivotal force in reshaping the current global energy landscape and addressing climate change with a decreasing cost [9, 10]. In this context, large-scale PV power plants, in particular, are rapidly expanding.
Are distributed PV projects regional in nature?
Solar energy resources, with which China is richly endowed, are the basis for PV projects. However, there are differences in solar energy resource endowments, PV feed-in tariffs, and customer tariffs among provinces, thus making the benefits of distributed PV projects regional in nature ( Zhang et al., 2020b ).
How to develop PV solar farms in China?
Land use policy for developing PV solar farms in China. Different from most developed countries, in China, urban lands are owned by the country, and rural lands are collective ownership. For this reason, the development of PV solar farms highly relies on the land use policy introduced by the government.
Can unused land be used for PV power plants?
Furthermore, potential infrastructure investments were estimated to conduct a cost-benefit analysis, thereby discussing the economic feasibility of developable land parcels. This study indicates that unused land in western China holds significant potential for the future development of large-scale PV power plants.