In some countries, photovoltaic (PV) technology is at a stage of development at which it can compete with conventional electricity sources in terms of electricity generation costs, i.e., grid parity. A case in point is Germany, where the PV market has reached a mature stage, the policy support...

At present, governments are embarking on the ambitious undertaking of increasing their countries׳ market share of renewable energy. Political ambitions, however, are just one of the driving forces for energy companies׳ to engage in innovative climate projects. Energy companies׳ perceptions of...