Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207) has formed a partnership with Solar Energy Australia (SEA). SEA is now the exclusive distributor of Sunways solar inverters in Australia and, within the scope of this partnership, will also provide the customer service for these devices. This move means that photovoltaic specialist Sunways, a leading solar technology company based in Konstanz, is actively present with its products on the Australian market for the first time. Australia is an international emerging market for photovoltaics with long-term growth potential.
Comprising the AT, NT and PT device series, the agreement with Solar Energy Australia covers the entire Sunways product range for solar inverters. From smaller on-roof systems for private use through to large-scale commercial plants, Sunways has the right device for virtually any application in the form of its award-winning inverters. Patented HERIC® high-efficiency topology and three independent MPP trackers per device ensure maximum efficiency and therefore top electricity yields. An extensive range of communication options and a convenient graphical display mean that both commissioning and operation are user-friendly. The first Sunways solar inverters were certified for Australia last year and any certification still pending will be concluded in May 2012.
Thanks to this new partnership, Sunways has positioned itself in an important international emerging market. Conditions for harnessing solar power in Australia are not only excellent because of the country's sunny climate all year round. The Australian photovoltaic market has experienced steady growth in recent years which, according to experts, will also continue in the future: With a projected annual growth rate of 13 to 15 percent, the country is an ideal candidate for market entry (sources: Bank Sarasin, 2011; Australian PV Association, 2011).