meeco Group partner SOLTEKenergias presents sun2go at “Arco Iris” kindergarten
Zug/Setúbal. On June 16th 2013, The meeco Group’s own portable energy solution – sun2go – was present at the Eco-Schools day which took place at the “Arco Iris” kindergarten in Setúbal, Portugal. The presence of the sun2go was made possible thanks meeco’s partner in the Portuguese market, SOLTEKenergias, who demonstrated the product’s power generation capacity to the pupils that day.
Swiss meeco group installs hydropower for Punjab Energy Development Agency (PEDA).
ZUG/GURGAON. The Indian subsidiary of The meeco Group, meeco India Pvt Ltd, was invited by the Punjab Energy Development Agency (PEDA) to show a new kinetic micro hydropower energy technology in the state of Punjab by setting up a of 5 Kilowatt demonstration project in one of the regions’ canals.
oursun Japan Holding AG to focus on clusters of small and efficient solar PV applications
Zug/Yokohama. The Japan-based BIJ Corporation, the Italian finergia advisory & finance s.r.l. and the Swiss MEECO Invest AG have successfully formed a joint company on April 10, 2013 in Zug, Switzerland. The creation of the joint company, oursun Japan Holding AG, is a consequence of the initial Memorandum of Understanding signed in February in Yokohama.
The meeco Group to install off-grid solar PV and lithium storage system near Luanda
ZUG/LUANDA. In June 2013, a private homeowner living 100 km south of Luanda – Angola, will be among the first ones in the country to live fully off the grid without the use of diesel. Thanks to a solution, developed and installed by The meeco Group and combining solar photovoltaic (PV) energy generation with the latest lithium storage system, the family house will become completely self-sufficient. The Swiss renewable energy group has been in charge of the entire planning, procurement and on-site installation of this project including the logistics.
Swiss group to enter in a 30 MW JV with Italian finergia and Japanese BIJ
Zug/Yokohama. The meeco Group has made a significant step forward in its penetration of the Japanese solar market by agreeing on Terms for a new joint venture (JV) with BIJ Corporation, a solar energy system provider based in Yokohama, and finergia advisory & finance, an Italianbroker and financial advisor for renewable energy projects based in Laives. The Memorandum of Understanding signed on February 22 covers the venture’s aim, which is to cooperate in the installation of solar photovoltaic capacity both in Japan and neighboring markets such as the Fiji Islands. The meeco Group will bring along its know-how to the joint venture to deliver quality PV Solar projects in Japan thanks to its previous experiences in the domain.
Swiss renewable energy group with steady growth, new market and solutions
2012 was the year major solar panel manufacturers like Q-Cells, Solyndra, Evergreen Solar or Solon went bankrupt. It will stay in people’s minds as a critical year for the entire solar energy sector, which depended heavily on government subsided green energy prices. The significant Feed-in Tariff cuts in Europe and uninterrupted solar PV modules price decrease deeply impacted the market behavior, the only positive note being the awakening of new emerging solar markets. Continuing economic challenges and changing policies have generated uncertainties, negative perspectives and reduced market growth in traditional renewable energy markets such as Germany, Spain, Italy, Greece, the UK or even France.
Growing activities in the African market for The meeco Group last year
Present in South Africa since 2006, in Mauritius since the first quarter of 2012 and regularly present in Angola for the last 4 years, The meeco Group’s focus in the Indian Ocean and African markets has gained importance. In fact, the swiss-based clean energy specialist has been very active in the region, developing projects and partnerships in South Africa, Malawi, Kenya, Ghana, Morocco, Jordan, Nigeria, Yemen, Tanzania and Gambia. “We have always considered the African market as one of the most promising markets in the solar industry”, explains Dieter Trutschler, Sales Director for The meeco Group.
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.
New solar water pumping system by meeco América Latina in Chaco, Paraguay
meeco América Latina S.A., the Asunción-based subsidiary of The meeco Group, has received the down-payment earlier this month for a new sun2flow project in the Chaco region, northern Paraguay. Situated in a particularly remote area 350 km away from the first paved road, the installation site is completely off the grid.
meeco América Latina installs solar water pumping system in Mistolar, Paraguay
Situated on the Pilcomayo River near the Argentinean border and 300 km away from the nearest paved road, the Indian community of Mistolar (Paraguay) is located in a very remote area with no access to the power grid.
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Industriestrasse 16
6300 Zug, Switzerland
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Industriestrasse 16
6300 Zug, Switzerland
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