Rinnai Australia acquires solar PV and energy storage retailer
- Admin
- Aug 5, 2024
- 1 min read
Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has acquired Smart Energy Group, a nationwide Clean Energy Council-approved solar energy and energy storage retailer. The acquisition will enhance both companies' capabilities in the renewable energy sector. Rinnai Australia aims to create a one-stop-shop for decarbonised solutions, incorporating technologies like green hydrogen. This move aligns with the interest in rooftop solar PV in Australia, with consultancy SunWiz reporting increased installations. The acquisition also enables Rinnai Australia to offer integrated solutions for renewable energy technologies. Concurrently, Japanese power company J-Power has agreed to acquire Genex Power, an Australian renewable energy and storage developer, for AUS$351 million, showcasing the expanding Japanese influence in Australia.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
