Tuesday, June 19, 2012
Harvey Norman Invests in Solar Panels
RETAILER Harvey Norman plans to be a market leader in the domestic solar industry after placing a substantial order for user-friendly solar panels.
United States-based Westinghouse said today it had received an order for five megawatts of its Solar Instant Connect solar panel systems from Harvey Norman.
The order represents a significant investment in the green technology, which will result in Westinghouse's shipments in 2012 more than doubling from 2011.
Harvey Norman said the uptake of solar energy in Australia was stronger than in most other parts of the world, with over 830 megawatts sold in the local market in 2011.
"With Australian power pricing continuing to rise, we are continuing to see very strong demand for solar installations," Harvey Norman commercial division franchisee Alan Stephenson said in a statement.
"In addition to supplying kitchen, bathroom items, hot water and air conditioning systems, we have established a solar business, which we believe will be a market leader."
The newly ordered solar panels require Australian certification, and the first shipments to Harvey Norman are expected to begin in late-2012, Westinghouse said.
Solar Australia: Harvey Norman Invests in Solar Panels
Posted by Joseph Gale at 7:08 AM