Japanese manufacturer acquires Byron’s Smart Energy

JAPANESE appliance maker Rinnai Corporation Australia has announced the acquisition of Byron-founded Smart Energy Group, marking its entry into the solar PV and

battery market.

The company stated that the move enhances Rinnai’s renewable energy capabilities and positions the company to better serve the evolving needs of Australian households and businesses.

Rinnai, known for its hot water, heating, and cooling solutions, views this acquisition as a significant step forward.

Rinnai Australia director Lucas van Raay said welcoming Smart Energy into the Rinnai team aligned with his company’s vision of delivering innovative and environmentally responsible solutions to Australian households and businesses.

“This strategic move enables us to accelerate the adoption of renewable energy technologies across Australia, offering fully integrated solutions that combine energy efficiency with home comfort and convenience.”

Smart Energy, a renewable energy retailer specialising in complete solar PV systems and battery storage, is a key addition to Rinnai’s portfolio.

Rinnai has operated in Australia for more than 50 years.

The acquisition of Smart Energy follows Rinnai’s recent expansion through the addition of Australian brands such as Brivis, Polo, APAC, and iZone, further solidifying its position in the hot water, heating, cooling, and home automation markets.

The company stated that it remains committed to advancing sustainability and customer satisfaction in Australia’s renewable energy sector as it welcomes Smart Energy into its group of companies.

The acquisition of Smart Energy follows Rinnai’s recent expansion through the addition of Australian brands. Photo: SUPPLIED