QCells partners with Plenti to finance solar and storage in Australia

Leading clean energy company QCells has partnered with ASX listed finance provider Plenti to offer finance solutions for Australian households to invest in solar and battery storage.

The South Korean headquartered QCells has made a name for itself as a manufacturer of high-quality solar cells and modules, batteries, renewable electricity retail services, as well as a growing pipeline of international large-scale renewable energy projects.

In Australia, QCells offers their market-leading battery system, the Q.Home Core, either as a standalone purchase or bundled with QCells solar panels.

Partnering with leading Australian fintech lender Plenti will allow customers to pay back the cost of their solar battery system over the course of up to 10 years.

“This partnership is another example of Plenti working with battery and energy providers to offer Australian households access to more affordable solar battery systems and faster and fairer finance,” said Louis Edwards, Plenti’s head of renewable energy.

“Accelerating Australia’s renewable energy transition requires industry stakeholders to work together to make customer propositions simple and easy to understand – this partnership with QCells does just that.”

Importantly, customers purchasing solar battery systems through the QCells/Plenti partnership will also be able to participate in Qcells’ Arcstream energy and VPP plans.

This will add yet another layer of incentive for Australians who are already experiencing bill shock, while also helping to alleviate potential outages as extreme weather events continue to wreak havoc.

“The energy crisis is resulting in bill shock for so many consumers, and the global demand for solar means that the price of solar panel and battery systems are unlikely to fall,” said Mick Fell, general manager and business leader for QCells’ Arcstream VPP.

“With all of this in mind, the sooner that consumers are able to make the switch to solar with storage, the better – for their wallet and for the planet.

“When combining their finance repayments with an energy plan connected to a VPP, consumers can consolidate their monthly energy outlays with one single payment, for 100% green energy, for less than their existing electricity bill,” Fell added.

“This massive simplification of acquiring and managing renewable energy is key to enabling more Australians to reduce their reliance on fossil fuels and insulate against a turbulent energy market.”