Sri Lanka

An evaluation of Sri Lanka’s solar market

Sri Lanka is arguably one of the fastest developing economies in the South Asian region. This is surprising for most people because the nation recently came out of a civil war spanning three decades.  Do these excellent fortunes extend to the country’s solar market?

At the end of 2019, Sri Lanka’s solar capacity stood at 215 Megawatts, 10% of the country’s collective renewable capacity. The nation’s solar energy capacity is expected to hit 1.5 Gigawatts by 2025. This foreseen increase in the nation’s solar aptitude is primarily attributed to the Renewable Energy development plan of 2019 -2025.

So far, the Ceylon Electricity Board, the plan’s implementation body, has awarded tenders for 300 and 500 Megawatts. According to recent studies, these projects will go a long way in quelling approximately 2 Gigawatts of solar energy demand expected in the foreseeable future. If the government of Sri Lanka maintains its support for renewables, solar installers and professionals can expect vast opportunities in the future.

Sri Lanka’s solar market equipment supply capacity

You can expect to find various solar equipment categories, including solar panels and charge controllers in Sri Lanka. Still, if you can’t find what you need locally because the Solarfeeds family is here for you. You can get competitive quotes by sending a request through our website’s inquiry page. Also, you don’t need to worry about how you will receive your equipment.  Sri Lanka boasts of several ports and a healthy logistical network to deliver any solar equipment.   

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.