The Feasibility of Egypt's Photovoltaic Industry Drawing on China's Successful Experience

This study aims to evaluate the feasibility of Egypt's photovoltaic industry drawing on China's successful experience. Firstly, based on Egypt's national conditions and actual situation, the current situation, development potential, and challenges faced by the Egyptian photovoltaic market were analyzed.Egypts economic foundation remains less competitive, with outdated electricity infrastructure and long-term dependence on natural gas, posing challenges to its transformation. Egypt is one of the regions with the most concentrated solar energy resources in the world, which gives it the possibility and new opportunities to overtake in the photovoltaic field. Secondly, by analyzing the development process of China's photovoltaic industry, this paper explores China's successful experiences in policy support, market demand, technological level, financial support, and talent cultivation.Compared with China, Egypt's photovoltaic industry is still in an underdeveloped and developing stage, and requires sustained efforts in multiple aspects. This article compares the significant differences in the development of photovoltaic industries between China and Egypt, and analyzes the opportunities and challenges faced by Egypt's photovoltaic industry, as well as the corresponding strategies from three aspects: policy stability, demand activation, and desert photovoltaics. Finally, based on the research results, policy recommendations and development paths are proposed to promote the development of Egypt's photovoltaic industry, to provide reference and inspiration for the sustainable development of Egypt's photovoltaic industry.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-10-18
DOI
https://doi.org/10.54254/2754-1169/112/20242484
Primary Topic
Socioeconomic Development in MENA
Type
article
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The Feasibility of Egypt's Photovoltaic Industry Drawing on China's Successful Experience

Jingyi Zhang
Advances in Economics Management and Political Sciences
Socioeconomic Development in MENA
article

The Feasibility of Egypt's Photovoltaic Industry Drawing on China's Successful Experience

Jingyi Zhang
article en

Abstract

This study aims to evaluate the feasibility of Egypt's photovoltaic industry drawing on China's successful experience. Firstly, based on Egypt's national conditions and actual situation, the current situation, development potential, and challenges faced by the Egyptian photovoltaic market were analyzed.Egypts economic foundation remains less competitive, with outdated electricity infrastructure and long-term dependence on natural gas, posing challenges to its transformation. Egypt is one of the regions with the most concentrated solar energy resources in the world, which gives it the possibility and new opportunities to overtake in the photovoltaic field. Secondly, by analyzing the development process of China's photovoltaic industry, this paper explores China's successful experiences in policy support, market demand, technological level, financial support, and talent cultivation.Compared with China, Egypt's photovoltaic industry is still in an underdeveloped and developing stage, and requires sustained efforts in multiple aspects. This article compares the significant differences in the development of photovoltaic industries between China and Egypt, and analyzes the opportunities and challenges faced by Egypt's photovoltaic industry, as well as the corresponding strategies from three aspects: policy stability, demand activation, and desert photovoltaics. Finally, based on the research results, policy recommendations and development paths are proposed to promote the development of Egypt's photovoltaic industry, to provide reference and inspiration for the sustainable development of Egypt's photovoltaic industry.

Advances in Economics Management and Political SciencesVol. 112(1)
Renmin University of China (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 71%
Socioeconomic Development in MENA
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The Feasibility of Egypt's Photovoltaic Industry Drawing on China's Successful Experience — Jingyi Zhang · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS