RACQ becomes majority shareholder in GEM Energy

Solar panels on roof (agl electrification)
Image: Shutterstock

RACQ, Queensland’s largest club, has acquired majority shareholding in highly awarded solar company GEM Energy.

CEO David Carter said RACQ’s new solar and battery offering marked a milestone in the Club’s ambition to help members transition their mobility and home energy needs in a bid to improve liveability, sustainability, and affordability in Queensland.

“RACQ is committed to providing Queenslanders with affordable, reliable and high-performing solar energy to help reduce emissions, lower power bills and provide emergency power relief,” Carter said.

GEM Energy CEO Jack Hooper said he was delighted to grow the business with RACQ.

“RACQ’s commitment to its members and the Queensland community is well known and we’re proud it has recognised GEM Energy as a leader in renewable energy,” Hooper said. 

“We look forward to working together to provide genuine advice and recommendations for sustainable energy solutions that best suit our customers’ individual needs.

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“GEM Energy has installed more than 5,000 solar and battery systems across the state since launching in Emerald in 2013 and we look forward to improving the lives of more Queenslanders through RACQ in the future.” 

Carter said RACQ had partnered with GEM Energy for the past two years to provide solar system installation services to its members.

“We’re now looking to deepen that relationship and help members live more securely and sustainably,” he said. 

The RACQ branded solar and battery offering will launch later this year and will provide high-quality energy solutions for residential and commercial customers, including:
• Solar power and battery storage for homes and businesses
• Electric vehicle charging
• Solar system health checks to ensure systems are operating safely and effectively
• Solar mounting equipment for buildings, car parks and on-ground operations
• Commercial LED lighting services.

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