Conergy Acquires Australian Solar Wholesaler

[] With its acquisition of solar wholesaler Quirk’s Victory Light Co. Pty. Ltd. (Sydney, Australia), Germany-based Conergy is tapping into a customer pool of 120 additional Australian solar installers. Quirk’s Victory Light is one of the largest solar dealers, with revenue exceeding AUS$2 million. With an annual increase of about 20 percent for photovoltaic systems and more than 30 percent for thermal systems, Australia is considered a growth market for solar energy. By 2010, in line with the MRET (Mandatory Renewable Energy Target), the Australian government aims to achieve a total power output of 9,500 gigawatt hours with renewable energies, which represents an increase of 60 percent.
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