Zug/Harare. In December 2013 Zimbabwean company Oxygen Africa (Private) Limited and the Swiss company meeco Invest AG have founded the jointly held Zimbabwean renewable energy company: oursun Energy (Private) Limited. Mr. Honour P Mkushi, Andrew G Connolly & Mr Simbarashe Mhuriro, Executive Directors of Oxygen Africa Zimbabwe, and future Executive Directors of oursun Energy (Private) Limited will be the local key persons developing new business for the Joint Venture company. This follows the signing of a Memorandum of Understanding between the two companies in May 2013 with the aim of promoting and developing the sun2live solar energy solutions of The meeco Group in Zimbabwe.
Public-listed Press Corporation Limited and The meeco Group create joint venture company Press Solar Limited
Zug/Blantyre. On August 7th 2013, the Malawi public-listed company Press Corporation Limited (Press Corp.) and the Swiss company meeco Invest AG have officially created a jointly held company: Press Solar Limited. The joint venture’s strategic objective is to implement solar energy and storage solutions in the region, providing electricity to both SME’s and large businesses. Several hundreds of kilowatts are already planned for 2013 including several energy shave off solutions and also solar water pumping in remote locations. Press Solar expects to install a total of 4 MW until the end of 2014 mainly in shave off projects.
Sub-holding of the Swiss Group to meet renewable energy needs in Japan
Zug/Yokohama. oursun Japan Holding AG, a company in which The meeco Group is a shareholder, has officially acquired the Yokohama-based oursun Japan Ltd holding company last June 27th 2013. The latter is now a sub-holding of the Swiss company, oursun Japan Holding AG, established in April this year, and is a consequence of the first Memorandum of Understanding (MoU) reached on February 22nd between the BIJ Corporation – fully-owned subsidiary of the Inter Action Corporation of Japan, finergia advisory & finance s.r.l. of Italy and meeco Invest AG of Switzerland.