Gayman-Island

The Cayman Islands’ solar market stance

The Cayman Islands, a British territory situated in the western region of the Caribbean Sea, has a 70% renewable energy target by 2037. Although it is still heavily dependent on fossil fuels for energy generation, it has made considerable efforts to achieve this target. Several opportunities for solar energy exploration have come into the limelight as the country continues to pursue its renewable energy targets.

Currently, the Cayman Islands territory has an approximate installed solar energy capacity of 11.1 Megawatts. This capacity may appear inconsequential considering that the islands’ overall installed energy capacity stands at 172 Megawatts. Nevertheless, the British territory’s installed solar aptitude is growing progressively along with its solar market share.

This nascent solar market is en route to becoming the most lucrative market in the Caribbean islands.  This is because it is backed by the Guyanese government’s supportive policies. Favorable policies such as exemption from excise tax make Guyana a promising market for solar installers and other photovoltaic professionals.

Solar equipment supply capacity in the Cayman Islands          

Like most Caribbean Islands’ states, the Cayman Islands has a substantial solar equipment supply capacity. It plays host to several local and multinational solar equipment manufacturing companies and distributors. This does not mean you have to spend valuable time moving around requesting quotes from multiple suppliers.

 Solarfeeds.com is your best choice for solar equipment suppliers.  We work with leading solar equipment manufacturers serving the Cayman Islands. Do you want to save time? Simply request quotes via the website’s inquiry page.

The ports and logistics situation in the Cayman Islands

Ports and logistics services are essential resources in any market. Well, the Cayman Islands boast of two major ports of entry that facilitate receipt of equipment from overseas markets. The British territory’s transport and logistics sectors are also pretty advanced. 

OEM

Custom Made Solar Products OEM

OEM stands for Original Equipment Manufacturer which is commonly referred to as a company that manufactures and offers parts and accessories of items that are used as components of a product from another company. To sum it up, OEM commonly manufactures specific items on behalf of brands. Though OEM typically operates in the computer and technology industries, it also works in the solar industry.

Factories for White Label Solar Products

In the case of the solar industry, most solar companies work with solar OEMs to build and design their own solar products such as solar panels, cells, modules, etc. OEM becomes their outsourcing partner that helps them in assembling and reproducing their solar products.

Nowadays, a huge number of solar companies, particularly those large solar manufacturing companies, are partnering with outstanding solar OEMs to deliver the best quality solar products to their solar customers. Mainly, the reason is, these solar OEMs help solar manufacturers cut down their production costs since they no longer have to operate their own factories, purchase needed materials and hire labour to produce their solar products.

As a solar manufacturing company, the first thing you need to consider is to find the most reliable solar OEM in the market. One of the biggest perks of the internet these days is you can now easily find these OEMs even in the comfort of your home. With the help of a solar outsourcing marketplace such as SolarFeeds.com, you can easily find the most reliable and right OEM partner for your solar company. Solar outsourcing marketplace helps solar industry professionals gather accurate and timely information about solar including the list of most trusted Solar Original Equipment Manufacturers.