Building Integrated Photovoltaic (BIPV)

Photovoltaic power
Building Integrated Photovoltaic (BIPV)
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

The photovoltaic panel can be considered a building material, and its installation can be carried out simultaneously with the building's design, construction, and installation. The building built this way can generate photovoltaic power while providing shelter, insulating heat, and keeping off wind and heat. Integrating photovoltaic materials and buildings can reduce the overall cost of buildings, save installation costs, and generate sustainable and considerable economic benefits.

Expected Impact

Integrating photovoltaics technology and building construction helps constructing high-quality green buildings, improving electricity access, reducing building carbon emissions.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11)
Sector Sources
  • (1) State Council, 2021, Action Plan for Carbon Dioxide Peaking Before 2030 (2) IRENA, 2019, Renewable energy: a gender perspective. https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective (3) CQVIP, Renewable energy power generation through solar photovoltaic-recyclable and clean energy (4) National Energy Agency, 2021, Guiding Opinions on Energy-related Work in 2021, http://www.nea.gov.cn/2021-04/22/c_139898478.htm (5) China Central Television Business Channel, https://mp.weixin.qq.com/s/2ORooQlg9MDlzsbHGH5xww (6) Solarbe Global, https://news.solarbe.com/202107/30/342436.html
IOA Sources
  • (7) Arctech Solar Holding Co.,Ltd., Prospectus, https://pdf.dfcfw.com/pdf/H2_AN202008231400780691_1.pdf (8) 2021 Stock Prospectuses for A Share Offerings to Specific Targets (Draft), https://pdf.dfcfw.com/pdf/H2_AN202207291576682155_1.pdf?1659111449000.pdf (9) China Economic Net, http://finance.ce.cn/stock/gsgdbd/202103/08/t20210308_36364243.shtml?ivk_sa=1023197a (10)Ye Wei, How policy and market help BIPV ride the tailwind [N]. China High-Tech Industry Herald, 2021-11-08(016). (11) BIPV Online, https://mp.weixin.qq.com/s/BvnsPC64sbwETYoG-TWuPg (12) IRENA, https://www.irena.org/publications/2021/May/Renewable-Energy-Policies-for-Cities (13) National Energy Agency, http://www.nea.gov.cn/2021-03/30/c_139846095.htm (14) Xinhua News Agency, The Outline for the 14th Five-Year Plan for Economic and Social Development and Long-Range Objectives through the Year 2035, http://www.gov.cn/xinwen/2021-03/13/content_5592681.htm (15) Solarbe Global, https://news.solarbe.com/202008/13/329099.html (16) Solarbe Global,2020,Breakthrough BIPV "cold inside and hot outside" 100 billion blue ocean has challenges but also a bright future, https://news.solarbe.com/202009/01/329902.html (17) China5e, https://www.china5e.com/news/news-1127676-1.html (18) Sohu News, 2021, 14 provinces and municipalities issued policies on Building Integrated Photovoltaic (BIPV) https://www.sohu.com/a/505980030_121123904 "(19) Ministry of Housing and Urban-Rural Development, 2021, Notice on the Release of National Standard ""General code for energy efficiency and renewable energy application in buildings” https://www.mohurd.gov.cn/gongkai/fdzdgknr/zfhcxjsbwj/202110/20211013_762460.html" (20) Ministry of Housing and Urban-Rural Development, 2022, Notice on the Issuance of the "14th Five-Year Plan for the Development of Building Energy Efficiency and Green Building". http://www.gov.cn/zhengce/zhengceku/2022-03/12/content_5678698. htm (21) National Development and Reform Commission, 2021, Opinions of the National Development and Reform Commission and the National Energy Administration on Improving the Institutional Mechanisms and Policy Measures for Green and Low-carbon Energy Transition, https://www.ndrc.gov.cn/xxgk/zcfb/tz/202202/t20220210_1314511_ext.html (22) State Council, 2021, Notice by the State Council of the Action Plan for Carbon Dioxide Peaking Before 2030, http://www.gov.cn/zhengce/content/2021-10/26/content_5644984.htm (23) Ministry of Housing and Urban-Rural Development, Notice on publishing the technical standard for nearly zero energy buildings, https://www.mohurd.gov.cn/gongkai/fdzdgknr/tzgg/201905/20190530_240712.html (24) Forward Intelligence, https://www.qianzhan.com/analyst/detail/220/220418-810cfd55.html (25) National Development and Reform Commission, 2021, Notice of Encouraging the Intensified Financial Support to Promote the Sound and Orderly Development of Wind Power and Photovoltaic Power Industries, https://www.ndrc.gov.cn/xxgk/zcfb/tz/202103/t20210312_1269410.html?code=&state=123 (26) Development and Reform Commission of Beijing, 2020, Notice on Further Support for the Development and Application of Photovoltaic Power Generation System, http://www.beijing.gov.cn/zhengce/zhengcefagui/202011/t20201119_2140267.html