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.

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.