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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.

Lithium-Ion Battery used for below projects in Nicaragua

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Lithium-Ion Battery

Wholesale Lithium-Ion Battery for PV Systems?
Simply put, a lithium-ion battery (commonly referred to as a Li-ion battery or LIB) is a type of rechargeable battery that is commonly used for portable electronics and electric vehicles. The popularity of this kind of battery is also steadily growing for military and aerospace applications. 

In a lithium-ion battery, lithium ions move from the negative electrode through an electrolyte to the positive electrode during discharge, and back when charging. Additionally, lithium-ion batteries use an intercalated lithium compound as the material at the positive electrode and typically graphite at the negative electrode. 
Advantages of a Lithium-Ion Battery?
The lithium-ion battery offers so many benefits to a lot of electrical devices and appliances. The following are the most commonly known advantages of a lithium-ion battery:

It has a high energy density, and it has the potential for yet higher capacities.
It does not need prolonged priming when new. One regular charge is all that is needed. 
It has a relatively low self-discharge. In fact, its self-discharge is less than half that of nickel-based batteries. 
It is a low-maintenance battery. No periodic discharge is needed, and there is also no memory.
It has specialty cells that can provide a very high current to applications like power tools. 

Why Are Lithium-Ion Batteries Better for Solar Products than Lead-Acid Batteries?
The lead-acid battery is the oldest rechargeable battery in existence, and it also costs less upfront. However, despite that advantage, lead-acid batteries require regular maintenance and don’t last as long. These characteristics are some things that aren’t present in lithium-ion batteries. 

For one thing, lead-acid batteries can only handle up to 50% depth of discharge. Beyond that point, there is a risk of negatively affecting their lifespan. On the other hand, lithium-ion batteries can handle deep discharges of 80% or more. This essentially means they feature a higher usable capacity. 

Moreover, lithium-ion batteries are simply more efficient than lead-acid batteries, which means that more solar power can be stored and used in lithium-ion batteries. Lead-acid batteries are only 80%–85%  efficient, depending on the model and condition. This means that if there are 1,000 watts of solar coming into the batteries, there are only 800-–850 watts available after the charging and discharging process. Meanwhile, lithium-ion batteries are more than 95% efficient. In other words, using the same example, there will be over 950 watts of power available with lithium-ion batteries. 

And in addition to better storage for solar power, higher efficiency also comes with a faster rate of charge for lithium-ion batteries. They can handle a higher amperage from the charger, which means that they can be refilled much faster than lead-acid batteries. 

Because of all these reasons, lithium-ion batteries have been proven to be the best choice of batteries when it comes to solar power. They do cost more upfront, but their price is worth it because they definitely get the job done right. 
Why Buy Wholesale Lithium-Ion Batteries for PV Systems from Us?
Our website lists lithium-ion batteries from reputable brands all over the world. As a result, you can expect that the lithium-ion batteries that we offer are of the best variety. They are characterized by higher efficiency and a longer life span, thus giving them the ability to fulfill your solar power needs. 

If you want to buy lithium-ion batteries for 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

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