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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2012 Solar Market Report in the Americas

Sun2flow Paraguay - meeco 2013

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.

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PV Solar Power for Telecom BTS in India – Indian Telecom Industry Growth Story

by Tarun Munjal, Director meeco India

India has emerged as the fastest growing telecom market in the world. The successful growth of the industry has been a catalyst for Indias growth in other sectors. Telecom operators are reporting approximately 15 million subscribers additional subsribers every month, resulting in a teledensity over 43%, with urban areas approaching 100%. The focus now is increasing penetration in rural areas to drive the next phase of growth.

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