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Bosnia and Herzegovina

Solar Market Outlook in Bosnia and Herzegovina

Bosnia and Herzegovina’s energy sector has endured significant loss due to the low energy efficiency standards in the past. This was the case with both residential and commercial buildings, which resulted in the country’s high energy expenditure. As part of the country’s economic transition, they are also looking at switching to energy efficient renewable sources in order to counter the effects of poverty.

The government in Bosnia and Herzegovina is looking at clean energy sources such as solar in order to reduce carbon emissions, reduce fossil fuel usage, and to lower the cost of energy in public buildings. To do this, there was emphasis on energy efficiency and renewable energy. 

In 2018, solar energy accounted for 20.65 MW of power generation. This was a significant number but it is not the most prevalent source of renewable energy since hydropower and wind produced more energy. 

There are still many issues plaguing Bosnia and Herzegovina’s solar PV market, but the government is looking to scale it up. They are hoping to correct the lack of clear administrative procedures in order to create new opportunities for investors in the solar energy sector. 

Solar Energy Equipment Supply Capacity in Bosnia and Herzegovina

Bosnia and Herzegovina has access to local and global suppliers and distributors of solar power equipment. However, local manufacturers are far and few in between so the best option would be to find global or online suppliers. 

Top Major Seaports & Logistics in Bosnia and Herzegovina

It is easy to facilitate trade and transport of solar power equipment in Bosnia and Herzegovina through the following seaports:

  • Bijeljina,
  • Brcko,
  • Konjic,
  • Modrica,
  • Tuzla,
  • Prijedor,
  • Zvornik, 
  • Bosanskri Brod

Lithium Ferro Phosphate Battery used for below projects in Bosnia and Herzegovina

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Lithium Ferro Phosphate Battery

What is a Lithium Ferro Phosphate Battery?

 

Lithium Ferro Phosphate Battery is also known as the Lithium Iron Phosphate Battery. There are two electrodes made of Graphite and Lithium Iron Phosphate. 

Lithium-ion batteries have a discharge voltage of 2.5 Volts. The maximum output charge per cell is 3.65 Volts.

Lithium-ion batteries are widely used in electric vehicles and are the alternative to fossil fuels. 

 

Applications of Lithium Ferro Phosphate Battery?

 

Lithium reserves are present in abundance in various parts of the world. Lithium Ferro Phosphate batteries are environmentally friendly and help to reduce the carbon footprint of the population. From Solar power storage to EVs, the Lithium Ferro battery market is expanding rapidly.

Solar Power: Power generated from the PV cells gets stored in the LiFePO4 cells with higher electrical potential. Cells are directly connected to the battery to use with the LEDs.

Electric Vehicles: One of the latest and big applications of Lithium-ion batteries is electric vehicles. Car manufacturers use LiFePO4 to increase safety and reduce weight per kW.

Domestic Energy needs: Lithium Ferro Phosphate batteries get used in home solar power storage. These batteries are highly safe and with low discharge rate.

 

Advantages of Lithium Ferro Phosphate Battery?

 

  • Apart from being environment-friendly, Lithium Ferro Phosphate batteries have a long life.
  • Elements like Lithium are present in large quantities on the earth. Therefore supply for production is not a problem.
  • The cost of these batteries is lower than other types of batteries.
  • Because of their chemical stability, LiFePO4 batteries are safer than other batteries.
  • Nominal voltage is nearly the same as lead-acid batteries. That makes them compatible with many gadgets and power systems.

 

How does a Lithium Ferro Phosphate Battery work?

Batteries produce current by the movement of free electrons in the circuit. The chemical process inside the battery triggers when positively charged lithium ions move from the positive side to the negative side through the electrolytic solution. The movement of electrons starts in the circuit, and the current flows in the opposite direction of the electrons.

 

What are some top brands of Lithium Ferro Phosphate Battery?

Below are the top manufacturers of Lithium Ferro Phosphate Batteries in the USA.

  • Grepow Inc.
  • Lithion Battery Inc.
  • Power-Sonic Corporation
  • Digi-Key

 

Distributors

Solar Products Distributors

Distributors are those companies working as big warehouses that served as the middlemen between the consumer/customer and the manufacturer. Typically, in distribution, a company is handling the sourcing, stocking and logistics but nowadays they are also helping manufacturers in product designing and solving other business conflicts. 

Aside from other industries, distributors also play a vital role in the solar industry. Solar distributors become long-term partners of solar manufacturing companies and even solar contractors. They are not only serving as warehouse facilities but partners that also provide strategic solutions to help solar companies achieve their desired outcomes. Solar distributors assist solar manufacturing companies by storing. handling and shipping their solar products to their buyers. On the other hand, they help solar contractor companies in outsourcing high-quality solar products. 

These solar distributors are the ones who deal with homeowners who want to go solar, businesses that work with the solar industry and solar installers who offer solar system services to both residential and commercial customers. But on top of that, the solar distributor’s main role is to maintain its commitment to outsourcing and handling high-quality products and delivering them to customers at a good value. 

Up to these days, many solar distributors have been operating and helping many solar companies in distributing their products. So, if you are looking for the most trusted and reliable solar distributor, you can easily find one by checking out solar outsourcing companies that provide easy access to reliable information, news, data and a list of solar suppliers and distributors near you.

Bosnia and Herzegovina

Solar Market Outlook in Bosnia and Herzegovina

Bosnia and Herzegovina’s energy sector has endured significant loss due to the low energy efficiency standards in the past. This was the case with both residential and commercial buildings, which resulted in the country’s high energy expenditure. As part of the country’s economic transition, they are also looking at switching to energy efficient renewable sources in order to counter the effects of poverty.

The government in Bosnia and Herzegovina is looking at clean energy sources such as solar in order to reduce carbon emissions, reduce fossil fuel usage, and to lower the cost of energy in public buildings. To do this, there was emphasis on energy efficiency and renewable energy. 

In 2018, solar energy accounted for 20.65 MW of power generation. This was a significant number but it is not the most prevalent source of renewable energy since hydropower and wind produced more energy. 

There are still many issues plaguing Bosnia and Herzegovina’s solar PV market, but the government is looking to scale it up. They are hoping to correct the lack of clear administrative procedures in order to create new opportunities for investors in the solar energy sector. 

Solar Energy Equipment Supply Capacity in Bosnia and Herzegovina

Bosnia and Herzegovina has access to local and global suppliers and distributors of solar power equipment. However, local manufacturers are far and few in between so the best option would be to find global or online suppliers. 

Top Major Seaports & Logistics in Bosnia and Herzegovina

It is easy to facilitate trade and transport of solar power equipment in Bosnia and Herzegovina through the following seaports:

  • Bijeljina,
  • Brcko,
  • Konjic,
  • Modrica,
  • Tuzla,
  • Prijedor,
  • Zvornik, 
  • Bosanskri Brod

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