Bolivia’s solar market outlook
In 2009, the Bolivian government adopted a new constitution that stated that the nation would develop and promote renewable energy. In the spirit of fulfilling this constitutional mandate, Bolivia targets to attain a renewable energy capacity of 183 Megawatts by 2025. This target is the main driving force behind the growth of the Bolivian solar market.
According to a leading solar market research organization, Bolivia’s installed solar capacity stood at 120 Megawatts in 2019. Nearly a year and a half down the line, this figure has increased exponentially. In February 2021, Bolivian authorities inaugurated the second phase of the country’s largest solar plant. This plant is expected to add 100 Megawatts of energy to the national power grid.
If such developments are anything to go by, the Bolivian solar market will continue to grow for the foreseeable future. This growth trajectory indicates that there are vast opportunities for solar installers and other professionals in this market. All you need to do is station yourself for success by upskilling and building solid partnerships.
Solar equipment production and supply capacity in Bolivia
There are several solar equipment manufacturers and distributors serving the Bolivian Market. That said, it is always advisable to partner with Solarfeeds for all your solar equipment needs. Solarfeeds is home to leading solar equipment suppliers serving the Bolivian market. The brands available on our website are instrumental in cutting down expenditures and increasing your overall revenue. More importantly, you don’t have to move from place to place requesting quotes. You just need to send a request for quotes via our inquiry page.
Ports and logistics in Bolivia
Ports and logistics amenities are valuable assets in any solar market. Well, Bolivia boasts of several ports that ease the importation of solar equipment. The country is also known for its advanced transportation network and top-notch logistics services.
In the simplest terms, manufacturing is the process of producing actual goods or items/products through the use of raw materials, human labour, use of machinery, tools and other processes such as chemical formulation. This process usually starts with product designing and raw material selection, turning them into an actual product output.
Solar Products Manufacturers and Factories
In terms of solar, manufacturing encompasses the fabrication or production of materials across the solar market chain. The most common product being manufactured by solar companies are the solar photovoltaic (PV) panels, which are made with several subcomponents such as solar wafers, cells, glass, back sheets, and frames. Before a solar panel comes into life, it will undergo a lot of processes, from designing, modelling, choosing what raw materials to use and then assembling them all to make the final product.
More Than Just Solar Panels
Aside from the solar panels, solar companies have many other manufactured products that are required to make solar energy systems work smoothly, like solar inverters, batteries, combiner boxes, and racking and tracking structures.
Having a solar manufacturing sector makes a big difference in supplying affordable solar energy in different areas. Aside from maintaining the rising domestic and global demand for cleaner and renewable energy, they also help the economy grow, particularly the solar industry. If you are in search of a reliable solar manufacturing company, checking out our solar outsourcing company, SolarFeeds, would help you get easy access to reliable information, news, data and a list of solar manufacturers that can help you with solar products.