On October 16th local time, the 2024 ExpoSolar Colombia opened grandly at the Medellín International Exhibition Center. As the largest and most influential photovoltaic exhibition in Central America and the Caribbean, ExpoSolar offers a platform for global new energy companies to showcase their innovative achievements. It also provides industry professionals with an opportunity to discuss and collaborate on the prospects and challenges of sustainable energy development in the Latin American region.
With professional insight and deep market understanding, MUST brought tailored household energy storage solutions to the exhibition, attracting attention and inquiries from numerous customers. The showcased products included split-phase inverters (110/220V) combined with lithium energy storage systems, featuring parallel operation capabilities and supporting up to 36kW output. Additionally, off-grid solar inverters (110V), uninterruptible power supplies (110V), and grid-tied inverters with IP66 protection were also presented. Each product has been designed with the energy needs of the Latin American region in mind, aiming to provide efficient and stable clean energy solutions for local users.
In the context of increasingly severe global extreme weather, the El Niño phenomenon has severely impacted countries like Colombia, particularly with a significant reduction in hydropower generation, leading to power shortages. The water flow of Colombia's hydropower plants in the first half of this year was only 10% of normal levels, with an expected annual reduction in electricity generation of about 10%, putting significant pressure on the country's economic development. In the face of this challenge, photovoltaic energy storage solutions have become a crucial option to ensure stable power supply.
Looking ahead, MUST sees strong market growth potential in Colombia and the entire Latin American region. With the increasing demand for clean energy in the area, MUST will continue to increase its investment in the Latin American market, promote the development of photovoltaic energy storage, and help countries like Colombia achieve their renewable energy goals.