New Victorian solar power deal

28th May 2013

Solar power is sizzling in the state of Victoria.The state's energy and resources minister Nicholas Kotsiras recently announced that local Victorian solar inverter manufacturer Selectronic has struck a deal with KACO New Energy – one of the world's biggest solar power companies.

Selectronic is a second generation family business which develops cutting edge solar inverters. KACO New Energy is a German company and is the second biggest solar inverter company in the world.

"This deal is a ringing endorsement of Victorian manufacturing with Germany – world leader in solar – turning to us for our high-quality products," said Mr Kotsiras.

"This is a great example of how the Victorian manufacturing sector can continue to succeed and create skilled employment and investment by pursuing excellence and innovation."

This scorching solar deal involves KACO adopting Selectronic's SP Pro inverters and marketing and distributing them under their own brand internationally.

Selectronic has been supported with funding from the Victorian government under the Technology Trade and International Partnering Program. This meant that last year the company could visit and exhibit at Intersolar, the world’s biggest solar exhibition in Munich. This experience helped to make the company's current deal possible.

Hopefully this new collaboration will raise the profile of solar power in Victoria. Any households thinking about installing these solar panels, which utilise inverter technology to convert the direct current output from panels into the alternating current for households, should know about Victoria's solar feed-in tariffs.

New entrants into the solar scene can apply for a feed-in tariff of a minimum of 8 cents. This is available to households, communities and businesses, as long as their system is less than {sp.} 100 KW in size.

This means that Victorian solar panel users can receive a financial return on any excess power they feed into the grid – what's not to love?

Posted by Mike Peacock

All solar power news categories

Government Rebate & Regulations
Solar Power & Technology


More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal
 To get your quotes, please enter your postcode: