Renewables

Sijerić, Luxor Solar: solar panels make up 60% of a PV plant investment, choose producers present on the local market (VIDEO)

Nino Sijeric solar panels

Photo: BGEN

Published

May 25, 2021

Country

Comments

comments icon

0

Share

Published:

May 25, 2021

Country:

Comments:

comments icon

0

Share

The cost-effectiveness of installing photovoltaic (PV) plants depends on a number of factors, including the choice of solar panels, which is very important given they make up about 60% of the investment, says Nino Sijerić, business development manager at Germany’s Luxor Solar. When choosing the brand of solar modules, it is very important to take into account the manufacturer’s presence on the local market, Sijerić said at a panel discussion called ‘Solar energy for the industry – reduce the costs, green your business!’, held as part of the First Big Conference on Solar Energy in Serbia, organized by Balkan Green Energy News.

Sijerić explained that the presence on the local market means that potential investors can communicate directly with Luxor Solar, as a manufacturer, and get advice and guidance on what is best and most cost-effective for them.

Also, a potential investor in a photovoltaic plant can visit someone who already uses solar panels of a certain brand and see first hand how it works, whether the user is satisfied, and what the production of energy looks like, according to him.

The region has made big strides in the field of solar energy

Sijerić also said he is very happy to see that the region has made big strides in the field of solar energy compared with 10 years ago, and that it is now possible to organize a conference of this kind to discuss the topic.

Luxor Solar manufactures solar modules for both household PV systems and utility-scale solar power plants, and its range of products includes both rooftop panels and those for ground-mounted plants.

The company also makes bifacial solar modules, which provide higher yields with the same surface area and installed capacity thanks to their capability to produce electrical energy on both surfaces, front and rear.

Luxor Solar’s panels have been installed in over 70 countries worldwide

Luxor Solar’s panels have been installed in over 70 countries worldwide, and the company’s production capacity is 800 MWp a year.

Established in 2007, Luxor Solar has been active in Balkan markets since 2011, where it has become leader by the number of solar modules sold.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

north macedonia guarantees of origin solar power plant oslomej

Good start for North Macedonia: in first two months 100k+ guarantees issued

15 August 2025 - In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricity

Heat pump sales in Europe fell dramatically in 2024

Heat pump sales in Europe plunge in 2024

15 August 2025 - The EU wants to reach 60 million heat pumps by 2030, but sales in major European markets fell 22% in 2024

North Macedonia draft law envisages renewable energy auctions for CfDs

North Macedonia’s draft law envisages renewable energy auctions for CfDs

14 August 2025 - North Macedonia's draft Law on the Use of Energy from Renewable Sources covers auctions, CfDs, prosumers and renewable energy communities

Floating solar farm ready to be merged with North Sea offshore wind park

Floating solar farm ready to be merged with North Sea offshore wind park

14 August 2025 - Oceans of Energy has assembled its floating PV plant Nymphaea Aurora in three days, to integrate it into a giant offshore wind park