Monaco

Solar Market Outlook in Monaco

Monaco and its government is taking its environmental responsibilities seriously and they are taking measures to achieve its 2030 target of reaching 50% less GHG emissions. This figure is way more ambitious than the EU target that was cited in the Paris Agreement. In addition to that, Monaco has also set an ambitious target for carbon neutrality by 2050.

To make this happen, they have turned to renewable energy sources such as solar power. The National Green Fund is an initiative that was started to provide financial support for the country’s long-term climate action. Monaco is also investing in solar power through enabling the purchase of electric power plants that were powered by renewables. 

Since 2005, Monaco has remained steadfast in its commitment to undergo sustainable development. It started with the installation of solar roofs in residential and commercial properties. Aside from installing solar panels on the roofs, Monaco has also used heat pumps in order to generate energy since 1960. Recently, the government is looking at utilizing tidal energy for power generation, too. 

As of today, renewable energy is responsible for 24% of Monaco’s energy consumption and the government is committed to increasing that in the years to come. 

Solar Energy Equipment Supply Capacity in Monaco

There is an abundance of solar roof panel suppliers and distributors in Monaco. For those looking for utility scale installations, you can also turn to global and online distributors. 

Top 8 Major Seaports & Logistics in Monaco

The ports in Monaco play a vital role in the economy especially in trade and logistics. You can transport solar power equipment via the primary seaports in the country such as

• Port Hercule,
• Port Cap d’Ail, 
• Port Fontvieille.

Wholesalers

Solar Products Wholesalers 

Wholesaling refers to buying some products or goods directly from its manufacturer usually at a discount and then reselling it to the retailers for a comparatively higher cost than the original. Basically, wholesalers handle products and package them in small quantities and then sell them to retail customers, either for commercial or personal use. 

Many industries have wholesalers, and that will not skip the solar industries. Nowadays, many solar wholesale stores/firms are operating across the globe, making it much easier for retailers to go solar. Sometimes retailers find it hard to reach direct manufacturers of solar products because some companies do not have their solar stores/shops in public, with that they are not also offering solar products per piece. Through wholesale solar stores/shops, these individuals can easily buy the solar products that they need to replace or maintain their solar systems. 

If you are in need of solar product suppliers for an individual purpose, you may visit some solar outsourcing marketplace to get an updated list of solar wholesalers near your location. There are many solar platforms that provide enough information and data about the solar industry in your region, including all the reliable solar wholesalers in town.