Meridian Energy Australia is currently investigating solar development opportunities in Australia.
How do sun rays turn into energy?
Energy from the sun can be converted to electricity using a Photovoltaic (PV) panel or a Concentrating Solar Plant. The PV panel converts the sunlight to electricity directly whilst Concentrating Plants use the heat from solar thermal collectors to heat a fluid which produces steam that is used to power a generator.
Meridian and solar energy in Australia
Meridian Energy Australia believes solar energy will play a significant role in meeting Australia’s future energy needs and has developed a market entry strategy to bring solar technology firmly into our renewable generation portfolio.
Meridian is currently investigating solar development opportunities in Australia.
Over 15% of Powershop customers have solar panels and export on average 2MWh back into the grid each year. That’s enough to power roughly 6,500 households.