Essay About Market Saturation And Solar Energy Sector

Solar Energy Sector – Market Segmentation
Market segmentationThe Solar energy sector is not exploited in the latam countries yet, where there are just a few companies related with Solar project business, Ecuador only have two companies which design, provide and maintain those kind of projects so there can be no market saturation due to a few companies is competing within same sector and sometimes among companies can make an agreement where they spread projects to avoid the competency so the amount of product provided in a market will not be maximized iin the current state of the marketplace, maybe some years later more companies will introduce into this market and can start a new competitive challenge.Competency PROJECT OF THE COMPETITIVE COMPANIES Island TechnologyEstimated Investment (MILLONS)FINANCIINGESTIMATED DATE OF OPERATIONFLOREANAPV (22,7 kWp)Eólica: 500 W$ 0,75Spanish Cooperation, Junta Parroquia de Floreana, Energy Ministry WorkingISABELLA, SANTA CRUZ (PNG)PV (700 kWp)PV (120 kWp)€ 7,86KfWTo be confirmed SAN CRISTOBAL Eolic (2MW)$ 9,84EEPG (FERUM), e7, otros WorkingSANTA CRUZ Eolic  (3MW)Transit line (50 KM)$ 15GEF – UNF, MEER, FERUM, otros 2010 Ends Floreana Proyect: The generation hybrid system consists in a photovoltaic power plant with an installed capacity of 20.6 kWp working with a diesel power plant operating in a complementary way to fill the deficit of the peak demand of energy and / or when conditions weather (lack of sunlight) require. With the system installed, Floreana population has a continuous power service 24 hours a day, supply was above 12 hours a day. The photovoltaic system contributes to the provision of 30% of the energy demand on the island.