Solar panel market booms as businesses go solar
WITH businesses embracing solar energy,
domestic solar sales are robust and significantly growing in the Yangon
market.
Earlier, solar for households was
primarily installed. At present, many businesses such as workshops, factories,
hospitals, and mini-markets are moving towards solar energy.
“The commercial solar installation is
significantly increasing. Solar panels with high efficiency are systematically
installed for commercial use beyond solar lights. The demand is spiking.
Traders are managing inventory amid supply chain disruption,” said a
representative of a solar panel shop in Dagon Myothit (North) Township, Yangon
Region.
Micro, Small and Medium Enterprises are
linking with bank instalments to equip their businesses with solar power. MSMEs
mostly install solar panels to generate five kilowatts to one megawatt. —
ASH/KK
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