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Solar Energy Sector - Market Segmentation

Autor:   •  February 9, 2016  •  Essay  •  455 Words (2 Pages)  •  1,172 Views

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Market segmentation

The 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

Technology

Estimated Investment (MILLONS)

FINANCIING

ESTIMATED DATE OF OPERATION

FLOREANA

PV (22,7 kWp)

Eólica: 500 W

$ 0,75

Spanish Cooperation, Junta Parroquia de Floreana, Energy Ministry

Working

ISABELLA, SANTA CRUZ (PNG)

PV (700 kWp)

PV (120 kWp)

€ 7,86

KfW

To be confirmed

SAN CRISTOBAL

Eolic (2MW)

$ 9,84

EEPG (FERUM), e7, otros

Working

SANTA CRUZ

Eolic  (3MW)

Transit line (50 KM)

$ 15

GEF – 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.

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