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Nepal
A breakdown of Nepal’s solar market
Nepal, a mountainous landlocked nation between China and India, has struggled with power shortages for several years. The country relies heavily on hydroelectric power, which, frankly, is not sufficient to serve the electricity needs. Consequently, the government is looking to exploit the nation’s solar potential to remedy the situation.
Nepal can potentially harness 2,920 Gigawatts per annum by utilizing 0.01% of its total land area. Thanks to Prime Commercial Bank’s solar financing efforts, this solar capacity target may become a reality sooner than you can imagine. As a result of the bank’s support, the government completed its first solar project in February 2021.
The project will add 10 Megawatts of energy to the nation’s power grid. Due to the success of Nepal’s initial solar project, the government plans to execute approximately 300 Megawatts of solar projects soon. This means that solar installers and professionals should expect vast opportunities in Nepal’s solar market soon.
Nepal’s solar equipment supply capacity
Even though Nepal’s solar market is at its initial stages of development, it boasts of 80 solar equipment distribution companies. Nepal’s supply chain’s leading solar equipment categories include solar panels, inverters, batteries, and solar water heaters. Nevertheless, equipment sales in Nepal are currently limited to individual households.
Still, you don’t need to worry if you need equipment for a large-scale solar project. Nepal has several ports that facilitate direct shipping of solar equipment from established solar markets such as China and the USA. Solarfeeds.com, a leading e-commerce marketplace, grants you access to leading solar equipment brands worldwide. Visit our website’s inquiry page and request a quote for your project. I guarantee that Solarfeeds offers the best deals when it comes to solar equipment.
RV Mount used for below projects in Nepal
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