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31/05/17: NEW CLEAN ENERGY JOINT VENTURE ON FIJI ISLANDS
meeco AND SOHAM INVESTMENTS JOIN FORCES FOR GROWTH OF RENEWABLE ENERGY ON SOUTH PACIFIC ISLANDS
Located to the north of New Zealand in the midst of the South Pacific the island state Fiji has to face the severe consequences of climate change. Rising sea levels and extreme weather conditions represent a big challenge for the country comprising of 330 small islands. Currently, the country’s energy supply is mainly based on polluting fossil fuels. The dependence on oil imports causes high costs and makes Fiji vulnerable to the fluctuations of the global oil market burdening the federal budget heavily. Aiming to actively contribute to reducing the country’s dependence on fossil fuels, the Swiss-based clean energy provider The meeco Group and a local investment entity have founded the local joint venture oursun Pacific Limited.
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The new joint venture oursun Pacific aims to enhance the impact of the renewable energy sector in Fiji.
meeco's sun2live, sun2roof and sun2safe energy solutions ensure an independent and sustainable energy supply.