Abstract
China is a world leader in the global solar photovoltaic industry, and has rapidly expanded its distributed solar photovoltaic (DSPV) power in recent years. However, China’s DSPV power is still in its infancy. As such, its business model is still in the exploratory stage, and faces many developmental obstacles. This paper summarizes and analyzes the main obstacles that China’s DSPV power is facing in its development, using a literature analysis methodology. Then, previous business models, such as host-owned, energy management contract (EMC), and third-party-owned (TPO), were studied using the Business Model Canvas (BMC) as an analytical tool. Moreover, the Lean Canvas (LC) method was used to further conduct a synthesis and comparative analysis with the three models, describing how and to what extent these models can overcome identified obstacles. Finally, the study highlighted the dominant position of EMC model.
Highlights
Global energy shortages and environmental pollution have continued to increase, leading to international consensus about the importance of developing renewable energy
The goal of this study was to investigate the obstacles China’s distributed solar photovoltaic (DSPV) power faces, and to explore suitable business models that can overcome these barriers through Business Model Canvas (BMC)
This study identified the main barriers facing DSPV power in China in its development process, using the literature analysis methodology
Summary
Global energy shortages and environmental pollution have continued to increase, leading to international consensus about the importance of developing renewable energy. China’s energy demands continue to expand, resulting in an increasingly prominent contradiction between energy supply and demand. This highlights the need to vigorously develop renewable energy in China. Technological progress, and carbon emissions management awareness are the main drivers in the renewable energy market. This has facilitates the rapid development of China’s renewable energy.
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