Analysis and Investment Recommendations of the Photovoltaic Industry in China

This paper provides a comprehensive analysis and recommendations for investment in China's photovoltaic industry. Through policy analysis and supply and demand model analysis, the investment value and prospect of China's PV industry segments were analyzed and the conclusion that the distributed PV industry is supported by policies and the market was found; under the calculation of the corporates’ Beta Assets, the business risks of representative companies were showed and compared. The main findings of the paper are that the distributed PV industry in China has the highest business risk, Jinko Power Technology Co. The industry has high investment value and development prospects, and CHINT Electronic and Impower Technology Limited are good investment targets in the industry.