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Panama

Solar Market Outlook in Panama

The National Energy Plan 2015-2020 of Panama has an ambitious target of making 70 percent of the country’s energy supply coming from a renewable source within a 35-year period. This plan is part of the country’s long-term roadmap towards increasing energy efficiency and reducing carbon emissions through its energy system. 

The country has considered its renewable energy capacity and there are plenty of sources available. Therefore, they are not just looking at solar energy sources but others too like wind, geothermal, biomass, and hydropower. 

In 2019, Panama has reached 500 MW in solar PV energy. This was a huge leap from the previous year’s 176 MW solar capacity. This solar capacity rate is expected to continue growing as more solar projects are granted licenses. One of the largest projects to date is that of a Spanish firm that is looking at investing in a solar farm. 

Despite the positive outlook for the Panama solar market, there are undeniable challenges that the government is hoping to address. Among these challenges are the current power-market model (that favors conventional energy sources) and lack of flexibility measures. 

Solar Energy Equipment Supply Capacity in Panama

There are many global suppliers and distributors of solar power equipment that are serving the Panama market. This is good news as the local solar power investments are still in its infancy stage. Therefore, residential and industrial segments looking to expand its solar installations will have enough options available. 

Top 4 Major Seaports & Logistics in Panama

Panama has easy access to ports that facilitate logistics and handling of goods like solar power equipment from all over the globe. The list of the major seaports in Panama that facilitate handling of imported and exported goods include the ports in

  • Panama City
  • Colon, Balboa
  • Cristobal
  • Manzanillo.

Off Grid Inverters used for below projects in Panama

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Off Grid Inverters

Wholesale Off-Grid Inverters PV System?

An off-grid solar system, also known as off-the-grid or standalone, is a photovoltaic system that has no access to the utility grid. For this reason, off-grid solar systems involve both solar panels and battery storage, so the power can be coming to the building from either of these two sources at any given time — depending on the solar situation. 

Advantages of an Off-Grid PV System?

As was mentioned earlier, the primary characteristic of an off-grid solar system is the fact that it has no access to the utility grid. And this actually is also one of the advantages that this kind of solar system offers. The reason why this is advantageous is the fact that with no access to the utility grid, off-grid solar systems can be cheaper than extending power lines in certain remote areas. 

Moreover, living off the grid makes a solar system self-sufficient, and that can be a bonus for a lot of people. For these people, this feeling of self-sufficiency is worth more than saving money. Energy self-sufficiency is also a form of security.

Power failures to the utility grid will not affect off-grid solar systems, which means that buildings with off-grid solar systems will have reliable electricity all throughout. 

What Are the Equipment Needed for Off-Grid Solar Systems?

Typical off-grid solar systems require the following extra 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. 
  • Solar Power Banks/Battery. 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. For off-grid solar systems, one additional DC disconnect is installed between the battery bank and the off-grid 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. 
  • Off-Grid Inverter. Generally speaking, a solar inverter is a type of electrical converter that converts the variable direct current (DC) output of a solar panel into a utility frequency alternating current (AC) that can be fed into a commercial electrical grid or used by a local, off-grid electrical network. For off-grid solar systems, off-grid inverters don’t have to match phase with the utility sine wave as opposed to grid-tie inverters. Electrical current flows from the solar panels through the solar charge controller and the battery bank before it is finally converted into AC by the off-grid inverter.
  • Backup Electricity Generator. It takes a lot of money and big batteries to prepare for several consecutive days without the sun shining (or access to the grid). This is then where backup generators can be helpful. 

Why Buy Wholesale Off-Grid Inverters for PV Systems from Us?

Our website lists all sorts of off-grid inverters for PV systems from established and well-respected manufacturers and brands all over the world. As a result, you can expect that the off-grid 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 off-grid inverters that we offer will undoubtedly have the ability to fulfill all your solar power needs. 

If you want to buy off-grid inverters 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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