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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PPA agreement between The meeco Group and Nishat Group

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Emporium shopping mall in Lahore to be equipped with 2,0 MWp solar energy installation

Lahore, Pakistan. Oursun Solar Power Ltd., a subsidiary joint venture company of the Swiss based meeco Group, and the Pakistani multinational Nishat Group have concluded an agreement for the supply of a total of up to 2,0 MWp of sun2roof solar energy installations for the future emporium mall in the framework of a Power Purchase Agreement (PPA).

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Major Pakistan company to be provided with solar power

meeco-Major Pakistan company

The meeco Group and Packages Limited bound by PPA contract

Zug/Lahore. On February 18th Packages Limited, a pioneer packaging solutions provider in Pakistan, and oursun Solar Power Ltd. a subsidiary of The meeco Group closed a Power Purchase Agreement (PPA) amounting to a total initial capacity of 3 MWp, with a possibility to extend the installation’s capacity up to 8 MWp in the near future. The solar installation will be built with tier one photovoltaic (PV) panels and tier one European inverters as per the standards established by The meeco Group for its global projects.

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