Solar Energy Sector - Market Segmentation
Autor: Luis Fernando Ayala • February 9, 2016 • Essay • 455 Words (2 Pages) • 1,071 Views
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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