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  • Product Certificates
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Monaco

Solar Market Outlook in Monaco

Monaco and its government is taking its environmental responsibilities seriously and they are taking measures to achieve its 2030 target of reaching 50% less GHG emissions. This figure is way more ambitious than the EU target that was cited in the Paris Agreement. In addition to that, Monaco has also set an ambitious target for carbon neutrality by 2050.

To make this happen, they have turned to renewable energy sources such as solar power. The National Green Fund is an initiative that was started to provide financial support for the country’s long-term climate action. Monaco is also investing in solar power through enabling the purchase of electric power plants that were powered by renewables. 

Since 2005, Monaco has remained steadfast in its commitment to undergo sustainable development. It started with the installation of solar roofs in residential and commercial properties. Aside from installing solar panels on the roofs, Monaco has also used heat pumps in order to generate energy since 1960. Recently, the government is looking at utilizing tidal energy for power generation, too. 

As of today, renewable energy is responsible for 24% of Monaco’s energy consumption and the government is committed to increasing that in the years to come. 

Solar Energy Equipment Supply Capacity in Monaco

There is an abundance of solar roof panel suppliers and distributors in Monaco. For those looking for utility scale installations, you can also turn to global and online distributors. 

Top 8 Major Seaports & Logistics in Monaco

The ports in Monaco play a vital role in the economy especially in trade and logistics. You can transport solar power equipment via the primary seaports in the country such as

  • Port Hercule,
  • Port Cap d’Ail, 
  • Port Fontvieille.

Floating Solar Mounting System used for below projects in Monaco

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Floating Solar Mounting System

Floating Solar Mounting

If you want to take advantage of the solar energy and don’t have land property, but have a huge aquatic space, a floating solar mounting system is perfect for you. It is now made possible to install solar PV systems even on water surfaces. Generally, this solar mounting system is uniquely designed for solar PV plants or farms that are deployed on water surfaces such as ponds, dams, lakes and other bodies of water.

Benefits of Floating Solar Mounting

Opting for a float solar mounting can free you from using huge land areas for solar deployment. It can also help in saving water resources in dams by covering the water surfaces and minimizing water evaporation. The material used is recycled, non-pollution and made sturdy so it can withstand wind pressure and can last longer. It is also convenient to use and easy to install.