Tindo Solar has announced it will begin developing panels for Australia’s commercial and government markets.
The country’s only solar panel manufacturer will launch two companies, Tindo Commercial and Tindo Asset Management, with plans to offer business and government customers power purchase agreements.
Since officially opening in October last year, the Adelaide company has grown rapidly and managing director, Adrian Ferraretto says the time is right for expansion into the commercial realm.
“An increase in electricity prices and the decrease in the cost of solar panels have helped Tindo Solar expand,” says Mr Ferraretto.
“Our two new companies will assess the power requirements of commercial and government clients, then install and manage our Australian made panels with no up-front fees.
Tindo Commercial and Tindo Asset Management hope to be working on projects by July, supplying customers with power at below market costs on locked-in, long-term power purchase agreements.
This announcement follows similar commercial schemes launched by local companies ZEN Energy System and the obsolete Love Energy.