Abstract/Description
As a renewable energy generation, the solar Photovoltaic (PV) system has become a popular technique that converts sunlight to generate electrical power. However, most countries, especially like China met challenges in expanding their domestic market and widespread adoption by their own citizens. One of the major reasons why customers are hesitated to adopt solar panels is the difficulty in comparing a variety of solar panels with respect of multiple different dimensions without the aid of appropriate quantitative models. The PV panel’s purchasing efficiency is determined not only just by those technical factors identified by the current literature and practice, but also by the economy factors such as price and the physical factors including weight. The study overviews all the important purchasing criteria during selecting PV panels and applies a Data Envelopment Analysis (DEA) model to analyze the purchasing efficiency of solar panels for customers during the selection of the most efficient one(s) among a variety of solar panels. In order to demonstrate the model, we used a numerical example to compare a group of thirty five popular solar panels produced by six most famous solar panel manufacturers in China. The main goal of this study is to help customers with purchasing decisions. And the results indicate how the manufacturers can improve the current inefficient products as well.
Recommended Citation
Zheng, Bingqing and Prince, Patrick E.
(2015).
Purchasing Efficiency Measurement of Selected Chinese PV Panels Using Data Envelopment Analysis (DEA).
Undergraduate Review, 11, 148-155.
Available at: https://vc.bridgew.edu/undergrad_rev/vol11/iss1/27
Rights Statement
Articles published in The Undergraduate Review are the property of the individual contributors and may not be reprinted, reformatted, repurposed or duplicated, without the contributor’s consent.