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  • 2
  • Capacity
  • 2323
  • 2380
  • 2236
  • 2286
  • 2323
  • 2380
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    Solar

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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.

Solar Tracker

Solar Tracker

When designing and installing a solar power system for your property, you have several unique ways to choose. But if you prefer to have a ground-mounted solar panel installation, it would be better to consider a solar tracking system so you can get the maximum amount of sunlight to power your house. For today’s article, we will discuss what a solar tracker is, its type, how this tracking system works, and is it ideal for your solar project.

What are Solar Trackers?

A solar tracker is a device use to direct solar PV modules toward the sun to emit a maximum amount of sunlight. Generally, these solar devices automatically change their orientation throughout the day to follow the sun’s path across the to maximize solar energy capture. Solar trackers are usually used with solar panel systems, particularly ground-mounted solar panels and other large-capacity and free-standing solar power installations like solar farms. 

Through this device, the PV panels can directly follow the sun’s pathway to generate more solar energy, powering your entire commercial and industrial property. It is not common in most small solar projects like in the residential areas since it entails a high price tag, which is not that ideal for homeowners.  

Types of Solar Tracker

Solar trackers are usually categorized based on which direction they move. A solar tracker can be either Single-axis solar tracker or Dual axis solar tracker.

  • Single-axis solar tracker 

Single-axis trackers follow the sun’s orientation, moving from east to west. They also have different types, such as horizontal, vertical, tilted, and polar aligned, which move as the names suggest. These solar trackers are typically used in large utility-scale solar projects. A single-axis tracker can increase solar power production between 25% to 35%. 

  • Dual-axis solar tracker 

Dual-axis solar tracker does not only moves from east to west but also follows the sun’s movement in the north and south direction. Usually, these solar trackers constantly face the sun and can move in two different directions, namely tip-tilt and azimuth altitude. They are more common among residential and small commercial properties that have limited ground space. 

How Does Solar Tracker Works?

A solar tracking system maximizes your solar panel system’s power production by tracking and moving the PV panels to follow the sun’s orientation throughout the day. They usually optimize the angle at which your solar panels receive solar energy. 

Typically, a solar tracking device is connected to the racking system of the solar panels. From there, it allows the solar PV panels to move along with the movement of the sun. Generally, the solar tracking system movements are dependent on what type of solar tracking equipment is used.

How Much Does a Solar Tracker Cost? 

Solar trackers can greatly increase the cost of a photovoltaic solar installation. Solar tracker costs depend on many factors like its type, solar mounting type, and the number of panels. To give you an estimate the solar tracking equipment can cost around $500 per panel to more than $1,000 per panel. 

Is Solar Tracker Worth your Investment?

In most cases, the solar tracker device is not worth additional investment for your solar projects, particularly for small solar projects like residential ones. Although they help in generating more solar power, their cost can adversely add to the final cost of your solar panels. Solar trackers only become valuable when you have a large utility-scale but have very limited space to install a lot of solar panels. But if you have enough space for additional solar panels, then a solar tracker is not that advisable to have.