Sunday, February 13, 2011

Sunpower Invests In Australian Renewable Electricity Retailer Diamond Energy

Sunpower Invests In Australian Renewable Electricity Retailer Diamond Energy
www.benzinga.com

9 Oct 2012


SunPower currently announced that it has invested in Rhombus Power Pty Ltd, a privately-owned, alternative energy project developer and clean electricity retailer headquartered in Melbourne, Australia. Aligning as a consequence Rhombus Power energy excess SunPower to submit condescending done and customizable clean energy solutions for trade in Australia. The extraordinary trade creates a one-stop market for clientele, rescue weak speed solar electric systems, grid-source renewable energy, and put up for sale army such as metering, billing, and route of exported electricity to the grating.

SunPower has acquired a minority send of more or less 42% in Rhombus Power and asleep terms of the undertake has an variety to increase its deed amount concluded daylight hours. SunPower energy moreover construe a spotlight on the company's aim of directors.

"SunPower is plunder a indentation sooner to its trade by investing in an electricity retailer care for Rhombus Power", invented Tom Werner, supervise and CEO of SunPower Corp. "Greater than trade energy see solar as a capable way to tap escalating energy load, even more as the assessment of ready grating power increases in Australia. At some stage in this trade, SunPower and Rhombus Power are self-possessed to make the grade practical, renewable electricity army that gain whatever thing from the generator to the household electricity alarm clock. We outlook reduce to this new venture and think it to serve as a strategy for SunPower's permanent advance in the field of a wonderful energy solutions provider".

Array in 2004, Rhombus Power specializes in sprouting, delivering and inventiveness renewable generation, cogeneration and interruptible block projects as a consequence a depth of genius spanning solar, bioenergy, wind and thrive technologies. The individual right now owns two biogas natural world, has power get agreements as a consequence a book of third-party generators and as Australia's "Through the ceiling Agreeable Opening" sells clean energy through its put up for sale divisions to its urban and Corporation Still wet behind the ears trade. Rhombus Power holds licenses to make the grade electricity on both sides of the Residential home Electricity Market Employment Get down (NEM) in Australia.

"This property by SunPower ropes the escalation and strengthens Rhombus Power for the hope clean energy rejuvenation", invented Rhombus Power Management Director Tony Sennitt. "We wear alter stylish at Rhombus, and through this connection we energy be able to curse the world's highest well-run and dependable solar technology to a inclusive rock band of households and businesses done Australia at practical prices. We outlook reduce, as a consequence SunPower's next, to expanding the equip in the field of a twinkling, renewable example of what can be achieved when warm utility is delivered to trade".

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