The meeco Group pursues growth in Latin America thanks to off-grid projects
Present in both North and South America, The meeco Group is strategically positioned to answer clean energy needs in both regions. However, the situation is very different from one market to other. “In the United States, power purchase agreement prices have significantly decreased during 2012 and the Federal cash-grant program has was allowed to expire. As a result, clients for many PV projects are large companies that can utilize the Federal tax credit and accelerated depreciation rules,” explains Stuart Moss, directing The meeco Group’s activities in North America and parts of South America. As a consequence, The meeco Group has decided to focus its activity in Latin America. Markets such as Brazil, Paraguay, Peru, Chile, Mexico, and Ecuador are growing in part thanks to the global cost reduction of PV technology during 2012.
