meeco to equip renowned Belizean company with sun2roof solar system by Staff Writers Zug, Switzerland (SPX) May 31, 2018
Belize, located on the eastern coast of Central America next to Mexico and Guatemala, relies mainly on imported energy to maintain its national electricity grid. Such import represents a heavy financial and ecological burden for the country and its economy. oursun Belize Limited, a joint venture company between the well-established and renowned company Bowen and Bowen Limited and The meeco Group is currently in the process of executing a joint sun2roof solar energy project in Belize in order to make a contribution to fostering the use of cost-effective and eco-friendly renewable energies and benefiting from the huge potential of solar energy in the country. The clean energy project comprises the installation of a 333 kWp sun2roof solar rooftop system on one of the buildings of the Belize Brewing Co. production facility. The flexible and expandable photovoltaic solution, which has been customised according to the local conditions and energy requirements, will generate 1,498 kWh of clean energy per day and thereby ensure 1,049 kilograms of daily CO2 savings. The connected power inverter with an interface to meeco's energy monitoring system sun2see offers a 24/7 supervision of the solar installations and the energy production, which guarantees a smooth operation and a consistent clean power supply. Upon completion of the sun2roof solar systems, a substantial part of the internal energy consumption of the brewery will be covered by sustainable energy contributing to shaving off costs and avoiding polluting emissions. The realisation of this substantial clean energy project for one of the biggest companies in the country represents a first milestone for Bowen and Bowen, The meeco Group and the local joint venture oursun Belize. "As local company, we are committed to fostering sustainability in Belize. Through the implementation of this first clean energy project, we aim to contribute to the expansion of renewable energies in the country and are looking forward to realising further solar power projects together with The meeco Group", states Michael Bowen, CEO and President of Bowen and Bowen Limited. "We are excited and grateful about the rewarding cooperation with Bowen and Bowen and the possibility to contribute to enhancing the impact of the clean energy sector in Belize", states Thomas Beindorf, Chief Technical Officer of The meeco Group. "The sun offers an abundant source of energy and can help the country to meet the rising energy demand and face the challenges caused by climate change. We consider this first project an initial step to, jointly with our cherished partner Bowen and Bowen, develop the solar market in Belize and also expand our business in the region."
Recurrent Energy Secures Financing and Tax Equity Investment for North Carolina Project Guelph, Canada (SPX) May 18, 2018 Recurrent Energyhas closed on debt financing and tax equity investment commitment for the 74.8 MWac/102 MWp NC 102 solar photovoltaic project, located in Cabarrus County, North Carolina. Prudential Capital Group will provide a $106.7 million debt facility for the project, including a tax equity bridge loan, term loan and revolving loan to the project. U.S. Bancorp Community Development Corporation ("USBCDC"), a division of U.S. Bank, will make a tax equity investment in the project under a separat ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |