29 December 2011

Onyx Service & Solutions Inc. revealed today that its engineering research has produced a plan to successfully distribute power on its new 22 megawatt (MW) project in Roatan, Honduras.

This aspect has been an important part of the project study as Roatan currently has had numerous issues with power outages, much of which has been attributed to the older distribution system currently in place.

Detailed engineering research for the project has generated an alternative that breaks the solar placement up into many smaller "farms" that can be strategically placed, down to a single-user "at-meter" solution. Onyx plans to use a cutting-edge repository system for the larger production farms and may utilise its new Plug-N-Play panel for smaller output areas. Repository systems store energy for use after the sun has gone down or if there isn't ample sunlight for extended periods of time. Onyx's new Plug-N-Play panel already has a battery unit and inverter integrated into the panel straight from the factory.

Onyx management has purposely taken a course different from most other solar companies, deciding to forgo competing against coal-fired electricity producers or depending on government subsidies to make a profit. After detailed research of the worldwide markets for power, Onyx management identified sectors that relied on costly diesel-generated electricity, such as Roatan, as its target market due to the opportunity for greater profit margins. Onyx has focused primarily on competing in Latin America and the Caribbean but international recognition has led to recent invitations for Onyx to apply its business model in India and the Philippines.

Onyx is currently constructing multiple solar power projects in Honduras, developing solar projects in Panama and making solar product distribution arrangements in Peru and Columbia.