Rinnai Acquires Smart Energy: Solar Integration in NSW
Rinnai Australia, a prominent player in energy-efficient home heating and electric heat pump hot water solutions, has recently acquired Smart Energy, an Australian rooftop solar company based in Byron Bay. Established in 2016, Smart Energy has become a key player in the residential PV market in New South Wales, with an impressive average of over 100 installations per week.
The acquisition by Rinnai marks a significant milestone for Smart Energy, following a successful year of high sales and installations. This strategic move is aimed at strengthening Smart Energy’s position in the home energy sector by integrating solar and battery storage with top-notch electric heat pump technology.
Enhancing Product Quality and Market Presence
Elliot Hayes, the co-founder of Smart Energy, expressed enthusiasm about the partnership with Rinnai, highlighting the latter’s extensive experience in over 20 global markets and a rich 50-year history in Australia. Hayes emphasised that the collaboration with Rinnai will enable Smart Energy to tap into Rinnai’s manufacturing expertise and supply chain management, ultimately enhancing the quality of their offerings.
Hayes stated, “Together, we will drive innovation, streamline operations, and deliver enhanced value to our customers, setting a new benchmark in the industry.”
Expanding Renewable Energy Solutions
Lucas van Raay, the managing director of Rinnai Australia, outlined that the acquisition of Smart Energy will broaden the company’s product portfolio to include renewable energy solutions. This strategic shift positions Rinnai as a comprehensive provider, offering a range of energy-efficient solutions under one roof.
Van Raay commented, “Our aim is to deliver cutting-edge and environmentally conscious solutions to Australian households and businesses. By integrating energy efficiency with exceptional service, we are redefining industry standards and enhancing customer experience.”
The acquisition of Smart Energy by Rinnai signifies a significant step towards a more sustainable and integrated approach to home energy solutions in Australia. This collaboration is poised to drive innovation, improve operational efficiencies, and elevate customer satisfaction in the evolving energy market.
