In February 14-16, 2017, the "2016 Middle East (Dubai) International Power and New Energy Exhibition" was grandly held at the Dubai International Exhibition Center in the United Arab Emirates.
Zhejiang Xinfuling Electric Co., Ltd. (referred to as "Xinfuling Electric") showcased its BD603 photovoltaic pump inverter, which attracted widespread attention. The "Middle East Electricity, Lighting, and New Energy Exhibition" (referred to as MEE) is the largest international exhibition in the power and energy industry worldwide. It attracts professionals from more than 120 countries each year for business negotiations and facilitates trade deals worth billions of dollars. It is renowned as one of the "Top Five Industrial Events in the World." The exhibition aims to become the largest and most outstanding professional trade platform in the fields of power, lighting, new energy, and nuclear energy, attracting countless global trade opportunities. It brings together product manufacturers, solution providers, large international groups, import/export companies, and various enterprises to expand their business in the Middle East and worldwide. The showcased high-tech products, technologies, and latest research represent the development direction of the global power and energy industry.
With the rapid economic development and population growth in the Gulf region, investment in infrastructure has been continuously increasing, and new demands are driving the flourishing development of the power, lighting, and new energy markets.
By the end of 2009, there were 234 power projects under construction or newly started in the Gulf region, with a total investment value of $162 billion. The World Energy Council (WEC) predicts that the total electricity demand in the Gulf countries will reach approximately 100,000 MW in the next decade. Industry analysis reports also indicate that electricity investment in the Middle East and North Africa region will reach $57 billion in the next six years. Experts further predict that the total investment in power resource projects in the Middle East region will exceed $200 billion in the next 15 years. The power market in the Middle East is experiencing significant growth. Arab countries are also changing their investment promotion policies, simplifying investment procedures, improving the investment environment, and attracting more foreign investors. With the rise in oil prices and favorable investment policies, the region's economy will continue to grow.
The BD603 series photovoltaic pump dedicated inverter is a high-performance inverter developed by our company specifically for the outdoor photovoltaic-powered pump industry. This product does not require battery modules, as it directly sources power from the photovoltaic array to drive various types of pump motors. It can also switch to grid power according to customer needs to ensure the normal operation of the pump.
Unlike traditional photovoltaic inverters, the BD603 photovoltaic inverter offers user-friendly settings and various protection features. Once connected to the solar panel, this inverter automatically activates without the need for any parameter settings.
The Middle Eastern countries possess abundant solar resources, and the market for photovoltaic pumps is enormous. With our company's proximity to Daxi, the largest water pump production base in China, we believe we can demonstrate our strengths in the Middle Eastern market!