Competitive solar energy through power purchase agreements (PPA)

meeco provides clean power investment without any upfront costs

Companies and private consumers in many regions worldwide have to cope with an unstable or highly expensive energy supply due to the unreliability of the grid or even the total absence of such a power supply. This involves, especially for companies and industries, a heavy disadvantage in terms of competitiveness on the global market. Paused production lines in manufacturing industries, interrupted cold chains in food factories or electrical breakdowns in office buildings are just a few examples how power cuts can cause substantial losses for the commercial sector and constitute a serious threat to their commercial success accordingly. Many companies rely on a diesel-based energy supply and suffer from high and unpredictable fuel and maintenance costs. Utilising solar (photovoltaic) technology is much more eco-friendly and cost-effective. The contractual framework of a power purchase agreement (PPA) offers all advantages of clean energy to long term predictable low prices with limited or no upfront capital expenditure (CAPEX) costs for the company.

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meeco enters clean energy market in Saudi Arabia with new local partnership

The sunset in Saudi Arabia.

sun2roof solar equipment shipped to Khobar City to be installed on three roofs

With up to 2,800 kWh/m2 per year Saudi Arabia has one of the highest solar radiations worldwide. Recognising the tremendous potential of solar energy in Saudi Arabia, we have entered into negotiations with Saudi Arabian entrepreneurs several years ago. Nationally subsidised power prices and the huge oil reserves in the country though have limited the incentive to invest into clean energy solutions such as photovoltaic until yet.

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The meeco Group 2012 Global Solar Market Report

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.

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