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Mongolia
Solar Market Outlook in Mongolia
The changing demographic in Mongolia is posing a new challenge in the country’s energy industry. With more people moving to cities, it is now creating a demand that is higher than what the country’s energy production capabilities can handle. With the traditional energy sources being dependent on coal, it has resulted in severe air pollution problems along with various health concerns.
This has prompted the Mongolian government to consider clean energy choices such as in the form of solar and other renewable energy. Aside from decarbonizing Mongolia’s energy sector, the government hopes to capitalize on the solar capacity in order to produce energy to cope with the country’s growing demands.
In 2020, the Mongolian government planned on developing a large solar plus storage project that can deploy 40 MW of solar power. The government also continues to invite project developers to tender to construct more solar generation facilities in Mongolia.
The biggest challenge here for investors and developers is the lack of regulation reserve. But with the government taking serious measures to satisfy energy demands, expect a transformation to take place soon.
Solar Energy Equipment Supply Capacity in Mongolia
There are plenty of suppliers and manufacturers of solar power equipment in Mongolia. You can also find plenty of options online or globally if you find that the options are quite limited.
Top 8 Major Seaports & Logistics in Mongolia
Mongolia is a landlocked country. Therefore, the closest seaport is in the Tianjin port, which is located at the northern part of China.
Microinverter used for below projects in Mongolia
No Projects Found