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Elcomponics Technologies & The meeco Group agree to form a Joint Venture for manufacturing of sun2safe in India

Elcomponics Technologies India Private Limited and meeco India Private Limited, the Indian subsidiary of the meeco Group have decided to join hands for customization, manufacturing and marketing of sun2safe. meeco’s High Efficiency Solar Energy Power Conditioning and Management System. The sun2safe technology has delivered a strong performance in the Telecom and Off or Weak Grid Power needs.

Mr. S.N.Dwivedi Managing Director or Elcomponics said “We are very excited about this new venture as this would be one of the first high efficiency large scale Solar Power Conditioning unit to be manufactured in India. We have set up a world class infrastructure where our R&D team will enhance the features and optimize the product for grid variations”.

The meeco Group has expanded its operations in India and the Asia Pacific region. Explaining the partnership, Mr. Dieter Trutschler said “We are expanding rapidly in the Asia Pacific region and Africa. To support this expansion, we have created a regional hub and center of excellence in India. In Elcomponics we have found a partner where Quality is in the ethos of everything they do and we see this very much as a strategic relationship which will bring many value added products for us”.

The first sets of units to be rolled out of the production of Elcomponics are expected in June 2014. Mr. Tarun Munjal, Manging Director of meeco India added “We have prepared ourselves to address the scope and size of the market which we are addressing including Telecom BTS power, Street Lighting, Off Grid, rural and Hybrid Power Backup solutions with large and seamless clean power requirement. We have a backlog of pre-orders and are experiencing a huge demand in these segments”.

About Elcomponics Technologies

Elcomponics with its vast and good 25 years long experience in the business of manufacturing and export of Electronics & Power Backup systems, Transformers, Power Conversion Products, AVR’s, Street Lights, Cables & Wire Harnesses have also lately ventured into Solar PV Business and manufacturing of allied products. ETIPL( The solar company of Elcomponics Group), with its experienced Design Engineering team does EPC of Solar Power Plants.ETIPL is also authorized partner for the Highest Efficient PV Modules of Sun Power Corporation – USA. Having gained experience in Japan & India as a Developer & EPC company for Mega Watt Scale Solar Power Plants has now created a state of art manufacturing unit for High Efficient Sun2safe Power Conditioning Units to address the Power Hunger Markets of Telecom and Off Grid Needs for Home/ Factories /Offices or areas that do not have any power reach.

With its quest for manufacturing and marketing a very distinctive but high efficient products have set up an exclusive state of art factory to roll out High Efficiency Power Conditioning Unit in India that are currently being made in Europe.

Elcomponics Group has earned the distinction of being preferred choice of electrical products across the globe with exports to various countries such as China, USA , Australia, France , Brazil, Middle East etc.

About The meeco Group

The meeco Group has become one of the world’s leading clean energy companies by leveraging its competencies and local expertise with the best technology and service providers in the industry.

Some key figures:

• Over € 1.100 million in projects sold and financed
• Over 341 MW financed and operational (100+ projects)
• Over 400 MW additional in development (150+ projects)

The meeco Group works with project developers, businesses, governments, technology providers and EPC contractors to structure, finance and commission highly bankable projects. By providing the optimal set of services and solutions for each project, we minimize the investment required and maximize return on investment for clients and stakeholders.

Some of these services and solutions include:

• Project development assistance, due diligence, project structure and finance, engineering, construction and operation
• Turnkey utility-scale solutions
• Grid Connected and Rooftop Systems
• Off-grid solutions
• Portable solutions

For further information visit: www.meeco.net

Press contact: Tarun Munjal (meeco India Pvt. Ltd.), Telephone: +911244087887, E-Mail: info@meeco.net