Assessment of the effectiveness of investment strategy in solar photovoltaic (PV) energy sector: a case study

Conference paper

Zhang, X., Shen, J., Yang, T., Tang, L., Wu, Y., Pan, S., Wu, J. and Xu, P. 2017. Assessment of the effectiveness of investment strategy in solar photovoltaic (PV) energy sector: a case study. 8th International Conference on Applied Energy. Beijing, China 08 - 11 Oct 2016 Elsevier. pp. 2977-2982 https://doi.org/10.1016/j.egypro.2017.03.710
TypeConference paper
TitleAssessment of the effectiveness of investment strategy in solar photovoltaic (PV) energy sector: a case study
AuthorsZhang, X., Shen, J., Yang, T., Tang, L., Wu, Y., Pan, S., Wu, J. and Xu, P.
Abstract

Solar photovoltaic (PV) energy is now promising to offer potential solutions for sustainable development, especially in China. A representative Chinese solar PV manufacturer - Shunfeng International Clean Energy Limited (SFCE) - is therefore assessed in this paper, including (1) investment strategies in China's recent macroeconomic exposure; (2) the market exposure and vulnerability. The macroeconomic challenges in case of China's continuous GDP growth would have significant implications for SFCE's investment strategy. Although SFCE's vulnerability is high, it has mediated its macro exposure and protect itself by advanced non-pricing competition, product/service differentiation, vertical and horizontal integration, and high-profit diversification etc. The research result is expected to offer useful indications for solar PV companies to adapt and succeed in the future energy industry and simultaneously help the world to mitigate climate change.

KeywordsPV industry; Economic assessment; Market exposure; Vulnerability
Conference8th International Conference on Applied Energy
Page range2977-2982
Proceedings TitleEnergy Procedia
SeriesEnergy Procedia
ISSN1876-6102
PublisherElsevier
Publication dates
Online01 Jun 2017
Print01 May 2017
Publication process dates
Deposited17 Aug 2017
Accepted01 Dec 2016
Output statusPublished
Publisher's version
License
File Access Level
Open
Copyright Statement

Copyright: © 2017 Published by Elsevier Ltd.
This is an open access article under the CC BY-NC-ND license
(http://creativecommons.org/licenses/by-nc-nd/4.0/).
Peer-review under responsibility of the scientific committee of the 8th International Conference on Applied Energy

Digital Object Identifier (DOI)https://doi.org/10.1016/j.egypro.2017.03.710
Web of Science identifierWOS:000404967903013
Web address (URL) of conference proceedingshttps://www.sciencedirect.com/journal/energy-procedia/vol/105/suppl/C
LanguageEnglish
Permalink -

https://repository.mdx.ac.uk/item/871z8

Log in to edit

Download files

Publisher's version
1-s2.0-S1876610217307737-main.pdf
License: CC BY-NC-ND 4.0
File access level: Open

  • 55
    total views
  • 10
    total downloads
  • 3
    views this month
  • 2
    downloads this month

Export as

Related outputs

Ultra-low temperature heating system based on dual-source solar assisted heat pump using compound parabolic concentrator-capillary tube solar collector
Yang, L.W., Pu, J.H., Xu, R.J., Yang, T. and Wang, H.S. 2024. Ultra-low temperature heating system based on dual-source solar assisted heat pump using compound parabolic concentrator-capillary tube solar collector. Energy and Buildings. 324. https://doi.org/10.1016/j.enbuild.2024.114903
Modelling and numerical simulation of heat transfer and hydrodynamic performance of multi-pass parallel flow condensers - a novel algebraic method to determine flow distribution
Pu, J.H., Hua, N., Chen, Y., Li, Y.L., Yang, T. and Wang, H.S. 2024. Modelling and numerical simulation of heat transfer and hydrodynamic performance of multi-pass parallel flow condensers - a novel algebraic method to determine flow distribution. International Communications in Heat and Mass Transfer. 159 (A). https://doi.org/10.1016/j.icheatmasstransfer.2024.107941
Investigation of solar assisted air source heat pump heating system integrating compound parabolic concentrator-capillary tube solar collectors
Yang, L., Xu, R., Zhou, W., Li, Y., Yang, T. and Wang, H. 2023. Investigation of solar assisted air source heat pump heating system integrating compound parabolic concentrator-capillary tube solar collectors. Energy Conversion and Management. 277. https://doi.org/10.1016/j.enconman.2022.116607
Low temperature heating operation performance of a domestic heating system based on indirect expansion solar assisted air source heat pump
Yang, L., Li, Y., Yang, T. and Wang, H. 2022. Low temperature heating operation performance of a domestic heating system based on indirect expansion solar assisted air source heat pump. Solar Energy. 244, pp. 134-154. https://doi.org/10.1016/j.solener.2022.08.037
Building energy management systems
Yang, T., Clements-Croome, D. and Marson, M. 2022. Building energy management systems. in: Abraham, M. (ed.) Encyclopedia of Sustainable Technologies Elsevier.
Planning and design scenarios for liveable cities
Clements-Croome, D., Marson, M., Yang, T. and Airaksinen, M. 2022. Planning and design scenarios for liveable cities. in: Abraham, M. (ed.) Encyclopedia of Sustainable Technologies Elsevier.
A conceptual framework for the future of sea-level rise and land uplift changes in the Vaasa region of Finland
Girgibo, N., Lü, X., Hiltunen, E., Peura, P., Yang, T. and Dai, Z. 2022. A conceptual framework for the future of sea-level rise and land uplift changes in the Vaasa region of Finland. SCIREA Journal of Geosciences. 6 (1), pp. 23-57. https://doi.org/10.54647/geosciences17154
Analysis of operation performance of three indirect expansion solar assisted air source heat pumps for domestic heating
Yang, L., Hua, N., Pu, J., Xia, Y., Zhou, W., Xu, R., Yang, T., Belyayev, Y. and Wang, H. 2022. Analysis of operation performance of three indirect expansion solar assisted air source heat pumps for domestic heating. Energy Conversion and Management. 252, pp. 1-19. https://doi.org/10.1016/j.enconman.2021.115061
A carbonation and chloride induced corrosion model for hot-dip galvanised reinforcement bar material in concrete
Lü, X., Lu, T. and Yang, T. 2021. A carbonation and chloride induced corrosion model for hot-dip galvanised reinforcement bar material in concrete. Journal of Building Material Science. 3 (2), pp. 13-18. https://doi.org/10.30564/jbms.v3i2.3150
Improving the energy efficiency of buildings based on fluid dynamics models: a critical review
Lü, X., Lu, T., Yang, T., Salonen, H., Dai, Z., Droege, P. and Chen, H. 2021. Improving the energy efficiency of buildings based on fluid dynamics models: a critical review. Energies. 14 (17). https://doi.org/10.3390/en14175384
Editorial: smart buildings
Siu, F., Chan, D., Clements-Croome, D. and Yang, T. 2021. Editorial: smart buildings. Intelligent Buildings International. 13 (1), pp. 1-3. https://doi.org/10.1080/17508975.2021.1867335
Review of the advances in solar-assisted air source heat pumps for the domestic sector
Yang, L., Xu, R., Hua, N., Xia, Y., Zhou, W., Yang, T., Belyayev, Y. and Wang, H. 2021. Review of the advances in solar-assisted air source heat pumps for the domestic sector. Energy Conversion and Management. 274, pp. 1-34. https://doi.org/10.1016/j.enconman.2021.114710
Incorporating BIM in the final semester undergraduate project of construction management — a case study in Fuzhou University
Wang, L., Yan, X., Fan, B., Jin, R., Yang, T. and Kapogiannis, G. 2020. Incorporating BIM in the final semester undergraduate project of construction management — a case study in Fuzhou University. KSCE Journal of Civil Engineering. 24 (8), pp. 2403-2418. https://doi.org/10.1007/s12205-020-1971-4
Eye-tracking experimental study investigating the influence factors of construction safety hazard recognition
Han, Y., Yin, Z., Zhang, J., Jin, R. and Yang, T. 2020. Eye-tracking experimental study investigating the influence factors of construction safety hazard recognition. Journal of Construction Engineering and Management. 146 (8). https://doi.org/10.1061/(ASCE)CO.1943-7862.0001884
Review of BIM adoption in the Higher Education of AEC disciplines
Wang, L., Huang,M., Zhang, X., Jin, R. and Yang, T. 2020. Review of BIM adoption in the Higher Education of AEC disciplines. Journal of Civil Engineering Education. 146 (3). https://doi.org/10.1061/(ASCE)EI.2643-9115.0000018
Investigation of individual perceptions towards BIM Implementation-a Chongqing case study
Liu, N., Ruan, L., Jin, R., Chen, Y., Deng, X. and Yang, T. 2019. Investigation of individual perceptions towards BIM Implementation-a Chongqing case study. Engineering, Construction and Architectural Management. 26 (7), pp. 1455-1475. https://doi.org/10.1108/ECAM-08-2018-0342
Investigation of demographic factors in construction employees' safety perceptions
Han, Y., Jin, R., Wood, H. and Yang, T. 2019. Investigation of demographic factors in construction employees' safety perceptions. KSCE Journal of Civil Engineering. 23 (7), pp. 2815-2828. https://doi.org/10.1007/s12205-019-2044-4
An energy planning oriented method for analyzing spatial-temporal characteristics of electric loads for heating/cooling in district buildings with a case study of one university campus
Chen, S., Zhang, X., Wei, S., Yang, T., Guan, J., Yang, W., Qu, L. and Xu, Y. 2019. An energy planning oriented method for analyzing spatial-temporal characteristics of electric loads for heating/cooling in district buildings with a case study of one university campus. Sustainable Cities and Society. 51. https://doi.org/10.1016/j.scs.2019.101629
Gansu Studio: 'Plug-in' school unit for rural China
Tenorio, R., Yang, T. and Oro, B. 2019. Gansu Studio: 'Plug-in' school unit for rural China. Revista Asia America Latina. 4 (6), pp. 13-44.
Upskilling for technology enhanced collaborative working
Yang, T. 2018. Upskilling for technology enhanced collaborative working. in: Clements-Croome, D. (ed.) Research Roadmap for Intelligent and Responsive Buildings International Council for Research and Innovation in Building and Construction (CIB).
A multifunctional facade with solar thermal technology: Investigation of a compact unglazed solar thermal facade for building integration
Shen, J., Zhang, X. and Yang, T. 2018. A multifunctional facade with solar thermal technology: Investigation of a compact unglazed solar thermal facade for building integration. LAP Lambert Academic Publishing.
Constructing a BIM climate–based framework: regional case study in China
Xu, J., Jin, R., Piroozfar, P., Wang, Y., Kang, B., Ma, L., Wanatowski, D. and Yang, T. 2018. Constructing a BIM climate–based framework: regional case study in China. Journal of Construction Engineering and Management. 144 (11). https://doi.org/10.1061/(ASCE)CO.1943-7862.0001568
Project-based pedagogy in interdisciplinary building design adopting BIM
Jin, R., Yang, T., Piroozfar, P., Kang, B., Wanatowski, D., Hancock, C. and Tang, L. 2018. Project-based pedagogy in interdisciplinary building design adopting BIM. Engineering, Construction and Architectural Management. 25 (10), pp. 1376-1397. https://doi.org/10.1108/ECAM-07-2017-0119
Simulation of human thermal responses in a confined space
Zhang, Y. and Yang, T. 2008. Simulation of human thermal responses in a confined space. The 11th International Conference on Indoor Air Quality and Climate- Indoor Air 2008. Copenhagen, Denmark 17 - 22 Aug 2008
Experimental study of heat transfer during mPCM slurry flow in microchannels
Shaukat, R., Kamran, M., Javani, S., Chai, L., Sun, J., Yang, T. and Wang, H. 2015. Experimental study of heat transfer during mPCM slurry flow in microchannels. 14th International Conference on Sustainable Energy Technologies – SET 2015: Sustainable Energy for a Resilient Future. Nottingham, UK 25 - 27 Aug 2015 University of Nottingham. pp. 161-169
Transforming the traditional Li-Fang system to a vibrant green neighbourhood
Yang, T., Deng, W., Yang, B. and Tang, L. 2016. Transforming the traditional Li-Fang system to a vibrant green neighbourhood. in: Tenorio, R., Tang, Y., Loo, Y. and Pino-Ojeda, W. (ed.) Beyond the Market: Building Sino-Latin American Cultural Relations Ningbo University of Nottingham, Ningbo, China. pp. 207-224
Building integrated solar thermal (BIST) technologies and their applications: a review of structural design and architectural integration
Zhang, X., Shen, J., Tang, L., Yang, T., Xia, L., Hong, Z., Wang, L., Wu, Y., Shi, Y., Xu, P. and Liu, S. 2015. Building integrated solar thermal (BIST) technologies and their applications: a review of structural design and architectural integration. Journal of Fundamentals of Renewable Energy and Applications. 5 (5).
Li-Fang System ● Urban Neighbourhood ● Green City
Zhang, B., Min, S., Yang, T. and Yang, B. 2014. Li-Fang System ● Urban Neighbourhood ● Green City. Beijing China Architecture & Building Press.
The essence of ancient Chinese architecture – vernacular castles
Zhang, B., Zhou, X., Yang, B., Yang, T. and Wu, D. 2012. The essence of ancient Chinese architecture – vernacular castles. Beijing China Architecture & Building Press.
Environmental implications of privatised public space in gated residential neighbourhood: case study of China's small residential district
Deng, W., Cheshmehzangi, A. and Yang, T. 2015. Environmental implications of privatised public space in gated residential neighbourhood: case study of China's small residential district. International Journal of Social Science and Humanity. 5 (11), pp. 944-947. https://doi.org/10.7763/IJSSH.2015.V5.584
A whole-system approach to high-performance green buildings [Book review]
Yang, T. 2017. A whole-system approach to high-performance green buildings [Book review]. Intelligent Buildings International. 9 (3), pp. 177-178. https://doi.org/10.1080/17508975.2017.1327237
Design strategy of a compact unglazed Solar Thermal Façade (STF) for building integration based on BIM concept
Shen, J., Zhang, X., Yang, T., Tang, L., Wu, Y., Pan, S., Wu, J. and Xu, P. 2017. Design strategy of a compact unglazed Solar Thermal Façade (STF) for building integration based on BIM concept. 8th International Conference on Applied Energy. Beijing, China 08 - 11 Oct 2016 Elsevier. pp. 1-6 https://doi.org/10.1016/j.egypro.2017.03.272
Planning and design scenarios for liveable cities
Clements-Croome, D., Marson, M., Yang, T. and Airaksinen, M. 2017. Planning and design scenarios for liveable cities. in: Abraham, M. (ed.) Encyclopedia of Sustainable Technologies Elsevier. pp. 81-97
Building energy management systems
Yang, T., Clements-Croome, D. and Marson, M. 2017. Building energy management systems. in: Abraham, M. (ed.) Encyclopedia of Sustainable Technologies Elsevier. pp. 291-309
A review of thermal absorbers and their integration methods for the combined solar photovoltaic/thermal (PV/T) modules
Wu, J., Zhang, X., Shen, J., Wu, Y., Connelly, K., Yang, T., Tang, L., Xiao, M., Wei, Y., Jiang, K., Chen, C., Xu, P. and Wang, H. 2017. A review of thermal absorbers and their integration methods for the combined solar photovoltaic/thermal (PV/T) modules. Renewable and Sustainable Energy Reviews. 75, pp. 839-854. https://doi.org/10.1016/j.rser.2016.11.063
Barriers and policy recommendations for developing green buildings from local government perspective: a case study of Ningbo China
Deng, W., Yang, T., Tang, L. and Tang, Y. 2018. Barriers and policy recommendations for developing green buildings from local government perspective: a case study of Ningbo China. Intelligent Buildings International. 10 (2), pp. 61-77. https://doi.org/10.1080/17508975.2016.1248342
Smart meter and in-home display for energy savings in residential buildings: a pilot investigation in Shanghai, China
Zhang, X., Shen, J., Yang, T., Tang, L., Wang, L., Liu, Y. and Xu, P. 2019. Smart meter and in-home display for energy savings in residential buildings: a pilot investigation in Shanghai, China. Intelligent Buildings International. 11 (1), pp. 4-26. https://doi.org/10.1080/17508975.2016.1213694
Characteristic study of a novel compact Solar Thermal Façade (STF) with internally extruded pin–fin flow channel for building integration
Shen, J., Zhang, X., Yang, T., Tang, L., Cheshmehzangi, A., Wu, Y., Huang, G., Zhong, D., Xu, P. and Liu, S. 2016. Characteristic study of a novel compact Solar Thermal Façade (STF) with internally extruded pin–fin flow channel for building integration. Applied Energy. 168, pp. 48-64. https://doi.org/10.1016/j.apenergy.2016.01.021
Conceptual development of a compact unglazed solar thermal facade (STF) for building integration
Shen, J., Zhang, X., Yang, T., Tang, L., Wu, Y., Jin, R., Pan, S., Wu, J. and Xue, P. 2016. Conceptual development of a compact unglazed solar thermal facade (STF) for building integration. SBE16 Tallinn and Helsinki Conference; Build Green and Renovate Deep. Tallinn, Estonia 05 - 07 Oct 2016 Elsevier. pp. 42-54 https://doi.org/10.1016/j.egypro.2016.09.096
The early design stage of a novel solar thermal facade (STF) for building integration: energy performance simulation and socio-economic analysis
Shen, J., Zhang, X., Yang, T., Tang, L., Wu, Y., Pan, S., Wu, J. and Xue, P. 2016. The early design stage of a novel solar thermal facade (STF) for building integration: energy performance simulation and socio-economic analysis. SBE16 Tallinn and Helsinki Conference; Build Green and Renovate Deep. Tallinn, Estonia 05 - 07 Oct 2016 Elsevier. pp. 55-66 https://doi.org/10.1016/j.egypro.2016.09.099
Optimizing the configuration of a compact thermal facade module for solar renovation concept in buildings
Shen, J., Zhang, X., Yang, T., Tang, L., Shinohara, H., Wu, Y., Wang, H., Pan, S., Wu, J. and Xu, P. 2016. Optimizing the configuration of a compact thermal facade module for solar renovation concept in buildings. CUE2016 - Applied Energy Symposium and Forum 2016: Low carbon cities & urban energy systems. Jinan, China 13 - 15 Jun 2016 Elsevier. pp. 9-14 https://doi.org/10.1016/j.egypro.2016.12.003
Experimental study of a compact unglazed solar thermal facade (STF) for energy-efficient buildings
Shen, J., Zhang, X., Yang, T., Tang, L., Shinohara, H., Wu, Y., Wang, H., Pan, S., Wu, J. and Xu, P. 2016. Experimental study of a compact unglazed solar thermal facade (STF) for energy-efficient buildings. CUE2016 - Applied Energy Symposium and Forum 2016: Low carbon cities & urban energy systems. Jinan, China 13 - 15 Jun 2016 Elsevier. pp. 3-8 https://doi.org/10.1016/j.egypro.2016.12.002
The early design stage for building renovation with a novel loop-heat-pipe based solar thermal façade (LHP-STF) heat pump water heating system: techno-economic analysis in three European climates
Zhang, X., Shen, J., Adkins, D., Yang, T., Tang, L., Zhao, X., He, W., Xu, P., Liu, C. and Luo, H. 2015. The early design stage for building renovation with a novel loop-heat-pipe based solar thermal façade (LHP-STF) heat pump water heating system: techno-economic analysis in three European climates. Energy Conversion and Management. 106, pp. 964-986. https://doi.org/10.1016/j.enconman.2015.10.034
Optimisation of direct expansion (DX) cooling coils aiming to building energy efficiency
Xia, L., Yang, T., Chan, Y., Tang, L. and Chen, Y.-T. 2015. Optimisation of direct expansion (DX) cooling coils aiming to building energy efficiency. Journal of Building Construction and Planning Research. 3 (2), pp. 47-59. https://doi.org/10.4236/jbcpr.2015.32006
An initial concept design of an innovative flat-plate Solar Thermal Facade for building integration
Zhang, X., Shen, J., Yang, T., Tang, L. and Wu, Y. 2015. An initial concept design of an innovative flat-plate Solar Thermal Facade for building integration. Xia, J. (ed.) 1st International Conference on Sustainable Buildings and Structures. Suzhou, China 29 - 31 Oct 2015 London, UK CRC Press. pp. 103-110 https://doi.org/10.1201/b19239-20
Natural ventilation in built environment
Yang, T. and Clements-Croome, D. 2012. Natural ventilation in built environment. in: Meyers, R. (ed.) Encyclopedia of Sustainability Science and Technology New York Springer.
CFD and PIV based investigation of indoor air flows dominated by buoyancy effects generated by human occupancy and equipment
Yousaf, R., Wood, D., Cook, M., Yang, T., Hodder, S., Loveday, D. and Passmore, M. 2011. CFD and PIV based investigation of indoor air flows dominated by buoyancy effects generated by human occupancy and equipment. 12th Conference of International Building Performance Simulation Association: Building Simulation 2011. Sydney, Australia 14 - 16 Nov 2011 International Building Performance Simulation Association. pp. 1465-1472 https://doi.org/10.26868/25222708.2011.1491
Thermal comfort in naturally ventilated classrooms: Application of coupled simulation models
Cook, M., Yang, T. and Cropper, P. 2011. Thermal comfort in naturally ventilated classrooms: Application of coupled simulation models. 12th Conference of International Building Performance Simulation Association: Building Simulation 2011. Sydney, Australia 14 - 16 Nov 2011 International Building Performance Simulation Association. pp. 2257-2262 https://doi.org/10.26868/25222708.2011.1714
Exploring rapid prototyping techniques for validating numerical models of naturally ventilated buildings
Yang, T., Buswell, R. and Cook, M. 2011. Exploring rapid prototyping techniques for validating numerical models of naturally ventilated buildings. 12th Conference of International Building Performance Simulation Association: Building Simulation 2011. Sydney, Australia 14 - 16 Nov 2011 International Building Performance Simulation Association. pp. 965-971 https://doi.org/10.26868/25222708.2011.1367
Coupling a model of human thermoregulation with computational fluid dynamics for predicting human-environment interaction
Cropper, P., Yang, T., Cook, M., Fiala, D. and Yousaf, R. 2010. Coupling a model of human thermoregulation with computational fluid dynamics for predicting human-environment interaction. Journal of Building Performance Simulation. 3 (3), pp. 233-243. https://doi.org/10.1080/19401491003615669
Simulating the effect of complex indoor environmental conditions on human thermal comfort
Cropper, P., Yang, T., Cook, M., Fiala, D. and Yousaf, R. 2009. Simulating the effect of complex indoor environmental conditions on human thermal comfort. 11th Conference of International Building Performance Simulation Association: Building Simulation 2009. Glasgow, Scotland 27 - 30 Jul 2009 International Building Performance Simulation Association. pp. 1367-1373
Exchange of simulation data between CFD programmes and a multi-segmented human thermal comfort model
Cropper, P., Yang, T., Cook, M., Fiala, D. and Yousaf, R. 2008. Exchange of simulation data between CFD programmes and a multi-segmented human thermal comfort model. Windsor Conference 2008: Air Conditioning and the Low Carbon Cooling Challenge. Windsor, UK 27 - 29 Jul 2008 Network for Comfort and Energy Use in Buildings.
A new simulation system to predict human-environment thermal interactions in naturally ventilated buildings
Yang, T., Cropper, P., Cook, M., Yousaf, R. and Fiala, D. 2007. A new simulation system to predict human-environment thermal interactions in naturally ventilated buildings. 10th Conference of International Building Performance Simulation Association: Building Simulation 2007. Beijing, China 03 - 06 Sep 2007 International Building Performance Simulation Association. pp. 751-756
A comparison of CFD and full-scale measurement for analysisof natural ventilation
Yang, T., Wright, N., Etheridge, D. and Quinn, A. 2006. A comparison of CFD and full-scale measurement for analysisof natural ventilation. International Journal of Ventilation. 4 (4), pp. 337-348. https://doi.org/10.1080/14733315.2005.11683713