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NSW Government support for solar goes gross

Conergy, a global leader in the manufacture and distribution of renewable energy systems, has welcomed news that NSW is set to adopt a gross feed-in tariff to support the growth of the renewable energy industry in the State.

The policy, which has long been advocated by the sector, was announced by the NSW Government today.

"This is great news for the people of NSW and a welcome boost to the solar industry in the State," Rodger Meads, Conergy’s Managing Director said.

"This scheme puts NSW at the front of the pack in its support for solar power.

"The Government announcement details a rate of 60 cents per kilowatt hour to be paid on systems up to 10kW - this will drive local investment in NSW.

"Quite simply this will stimulate our industry and create jobs while also making a real difference to the average householder’s power bills and emissions," Mr Meads said.

A gross feed-in tariff pays households for all of the electricity they generate with solar power systems and not just the smaller net amount for surplus electricity they sell back into the power grid.

"Conergy Australia is pleased to see this support for solar from the NSW Premier and NSW Energy Minister John Robertson and is looking forward to reviewing the policy in detail.

"We hope that the plan is supported by everyone in the NSW Parliament and has a smooth ride through the legislative process," Mr Meads said.

About Conergy
Since its founding in 1998, Hamburg-based Conergy AG has sold more than a gigawatt in renewable energy, making it one of the biggest suppliers of solar energy and other renewable energies, and a world leader in solar system integration. Of the one gigawatt in renewable energies, Conergy has installed more than 400 megawatts in its major projects, Of the total one gigawatt, 200 megawatts falls to its wind energy park projects and 800 to its globally marketed solar modules. Calculative one in ten modules worldwide was produced, sold or installed by Conergy. Listed on the Frankfurt Stock Exchange since 2005, the group pursues a global growth strategy, The company now produces, installs and designs solar power systems and wind turbines in around 15 countries. The Conergy Group is represented with its own branches on four continents.

Conergy Australia is a key player in the Australian renewable energy market, manufacturing and supplying high efficiency solar hot water, solar power and small wind power solutions. With an Australia-wide distribution network, state sales offices and warehousing in 4 key locations around the continent as well as in-house dedicated renewable energy engineers and sales teams, the company has become an important part of the Australian industry since it began operations here in 2005.

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