Global Solar Photovoltaic Industry Analysis with Focus on the Chinese Market

As climate change is emerging as a manageable and predictable global problem, several industries are shifting the focus of their business to include the reduction of greenhouse gasses. This is seen in most power generation technologies, but none have shown the sustained level of growth as that of solar power. Year over year the photovoltaic industry continues to return growth rates around 30%. What is it about solar power that has attracted such a large amount of investment? An analysis on the growth rates, technological advancements and largest businesses in China will demonstrate how China is positioned to become the next world leader in photovoltaic manufacturing. The research was done mainly through literature review and data collection, focusing mainly on Chinese companies performance in the last decade. There has being a also a strong study in the European strategies to increase the use of PV technologies, from European manufacturing methods and technologies used, to local policies and government incentives.