Latin America electricity market
The team has completed an intensive Visit Plan, covering Paraguay, Uruguay, Colombia, Peru and utilities from Argentina, which introduces and reinforces our brand.
Our products are very well accepted, and we will meet the requirements of these markets in the future. The LATAM market, particularly Argentina, requires a product portfolio different from other parts of the world. In situ automatic reading using an IrDA port is a common practice in many utilities in Argentina. With the priceless help of R&D from Kranj, we have been able to add an IrDA port to the MT174 and make the first deliveries of this meter to utilities. New regulations in Colombia, Peru and Chile will finally allow the market to move to smart meters, and we are working on anticipating market needs. Both the manufacturing sites in Kranj and Egypt have been inspected and fully approved to acquire local Electrical Security Certificates, which are mandatory for the commercialisation of electrical products in Argentina (ME152-1, MT174, AM550, MT880). We are also working to find the correct partners in each country – we have already confirmed Onix for Paraguay and Secoin for Uruguay.