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Nicaragua

Solar Market Outlook in Nicaragua

Nicaragua is constantly battered by extreme weather, which has forced the government to look into renewable sources as an alternative for energy production. The focus on renewable energy projects is part of a long-term plan for the government to counter the effects of climate change. Therefore, it is part of a broader discussion that will hopefully put solar power as one of the potential solutions. 

There are other benefits to the continued push to make solar energy the primary source of power in the country: to reduce dependence on oil. Aside from solar energy, wind power is also currently being utilized in Nicaragua and is going through a phase of developmental boom.

While the primary reason for many investors delving into the renewable energy market is economically-motivated, it’s clear that the environmental benefits are set to follow. Therefore, the government is working closely with the private sector to boost the solar energy market in Nicaragua.  

Currently, Nicaragua’s global emissions are one of the lowest at only 0.03 percent. The country is committed to reducing it further, especially as they joined the Paris Agreement. 

Solar Energy Equipment Supply Capacity in Nicaragua

In Nicaragua, there is a good mix of local and global suppliers of solar power equipment. This has promoted more investors to put in solar power plants and production of other equipment for those looking to boost the solar installation capacity of the country.

Major Seaports & Logistics in Nicaragua

Puerto Corinto is the largest and busiest seaport in Nicaragua. It is the primary avenue for logistics and handling of goods for the distribution of solar equipment in the country.

There are a few other seaports that are available, too, such as the Port of Bluefields, Port of El Bluff, Port of Cabezas, Port of Sandino, Port of El Rama, and Port of San Juan del Sur.

Hybrid Inverters used for below projects in Nicaragua

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Hybrid Inverters

What Is a Hybrid Solar System?

As the name suggests, a hybrid solar system is a solar system that combines the best characteristics from both grid-tie and off-grid solar systems. In other words, a hybrid solar system generates power in the same way as a common grid-tie solar system but uses special hybrid inverters and batteries to store energy for later use. For this reason, hybrid solar systems are oftentimes described as off-grid solar with utility backup power or grid-tie solar with extra battery storage. 

What Are the Advantages of a Hybrid Solar System?

Hybrid solar systems offer two primary advantages to their potential users. These advantages are as follows: 

Hybrid solar systems are less expensive than off-grid solar systems. With this kind of solar system, it is not needed to have a backup generator, and the capacity of the battery bank can be downsized. Additionally, off-peak electricity from the utility is also cheaper than diesel.

The introduction of hybrid solar systems has opened up many interesting innovations. New inverters let homeowners take advantage of changes in the utility electricity rates throughout the day. Case in point: solar panels happen to output the most electrical power at noon — not long before the price of electricity peaks — but though that’s the case, the building can be programmed to consume power during off-peak hours (or from the solar panels). Long story short, smart solar such as the hybrid PV system holds a lot of promise. 

What Are the Equipment Needed for Hybrid Solar Systems?

Typical hybrid solar systems have the following additional components: 

  • Solar Charge Controller. Solar charge controllers, also known as charge regulators or battery regulators, limit the rate of current being delivered to the battery bank and protect the batteries from overcharging. 
  • Battery Bank. As the name suggests, a battery bank is a group of batteries that are wired together.
  • DC Disconnect Switch. AC and DC safety disconnects are required for all solar systems. But just like an off-grid solar system, a hybrid solar system requires one additional DC disconnect to be installed between the battery bank and the inverter. This is used to switch off the current flowing between these components. The DC disconnect switch is important for maintenance, troubleshooting, and protection against electrical fires. 
  • Battery-Based Grid-Tie Inverter. Hybrid solar systems utilize battery-based grid-tie inverters. These devices combine can draw electrical power to and from battery banks, as well as synchronize with the utility grid. 
  • Solar meter. Essentially, a solar meter is a device that is used to measure kWh production from a solar system. Solar meters collect PV yield production and local energy consumption to monitor and analyze PV plant performance. 

Why Buy Wholesale Inverters for Hybrid PV Systems from Us?

Our website lists all sorts of inverters for hybrid PV systems from established and well-respected manufacturers and brands all over the world. As a result, you can expect that the hybrid solar inverters that we offer are of the best variety. They are characterized by numerous remarkable features, such as higher efficiency, sturdy construction, and a longer lifespan. In other words, all the hybrid solar inverters that we offer will undoubtedly have the ability to fulfill all your solar power needs. 

If you want to buy inverters for hybrid PV systems at low wholesale prices, then go through our website to explore products with profitable deals. You can also choose to send in your query at info@solarfeeds.com.