Venezuela new energy solar panel manufacturer

How much solar power does Venezuela have?

According to the latest statistics published by the International Renewable Energy Agency, Venezuela had around 5.32 MW of installed solar PV power generation capacity in 2019. In 2019, the Venezuelan government announced a plan to build its first utility-scale PV project to strengthen its National Electric System.

Will Venezuela have a solar market in 2021?

In June 2021, Venezuelan authorities brought the first grid-connected photovoltaic system online. This project came in the wake of the Venezuelan government’s plan to build a prominent renewable energy capacity. Based on these new developments, there is no doubt that things are looking up for the Venezuelan solar market.

Can you make it big in Venezuela's solar market?

If the answer is yes, you can make it big in Venezuela’s budding solar market. Venezuela enjoys a healthy presence of residential and commercial solar equipment manufacturers and distributors. These entities specialize in a wide variety of equipment including, solar panels and inverters.

Does Venezuela have a solar system?

Fortunately, the increasing electricity demand forced the Venezuelan government to increase its renewable energy adoption efforts. As of 2019, Venezuela’s installed solar capacity stood at 5.32 Megawatts. In June 2021, Venezuelan authorities brought the first grid-connected photovoltaic system online.