Energy Matters seals massive Australian solar panel deal

Energy Matters will sell 20 megawatts of solar panels in one of the largest single solar supply agreements in Australia.

 This represents enough output capacity to power over 5,000 Australian homes and reduce electricity generation related carbon emissions by 32,000 tonnes a year. The agreement is Renewable Energy Corporation's biggest deal in Australia, and one of the largest single solar panel supply agreements in Australian history.
Victoria based Energy Matters was the first Australian company to offer REC solar panels for the local home solar power market and since the panel's local debut in the middle of 2010, the modules have rapidly gained popularity.

"REC solar panels have been very popular in Europe for some time and the trend is continuing in Australia," says Energy Matters co-founder Max Sylvester. "The reason for the rapid uptake is REC's Peak Energy solar module series provide an excellent balance of value and performance."

According to Energy Matters CEO, Jeremy Rich, "REC is currently the only fully integrated solar panel manufacturer in the world, producing poly silicon, wafers, cells and modules 100% in-house. Some other manufacturers do produce all these components, but they need to buy additional quantities from third parties along the way. Each time another party is involved, it's a weak link in the supply chain. REC having total control over the entire cycle simply means better production reliability and quality control. In turn, this means we can supply a superior quality product to our clients with confidence."

 Mr. Rich says while Energy Matters were never really surprised that REC solar modules would take off in Australia given their quality and investment value, this purchase is just a sign of things to come for the company.
  
 "This major supply agreement came sooner than expected due to incredible demand from home owners and businesses for our REC panel based solar power system specials. With our commercial medium-scale solar farm division also ramping up, we expect to be making many more similar purchases in the time ahead."