Armada Solar
| Company type | Private |
|---|---|
| Industry | Solar energy, Energy efficiency |
| Founded | 2007 |
| Founder | Justin Ryan |
| Defunct | February 2015 |
| Headquarters | Canberra , Australia |
Key people | Justin Ryan (Director) |
| Products | Rooftop solar system installations |
Armada Solar was an energy efficiency firm operating out of Canberra, Australia, created to take advantage of the ACT Government's feed-in tariff program.
History
Established in 2007, Armada Solar's director, Justin Ryan, provided consultancy to the ACT Government regarding the feed-in tariff initiative. In 2009, the business collaborated with Sunpower to implement Canberra’s inaugural 30 kW solar installation at Bunnings Belconnen. From 2007 until 2015, Armada Solar completed installations of more than 1,000 rooftop solar systems. Throughout this timeframe, Ryan was regularly featured in media outlets discussing solar energy and tariff regulations.
Following the termination of the Australian government’s feed-in tariff scheme in 2011, Armada Solar encountered financial challenges. Nevertheless, in 2013, the company partnered with Australia's National Information and Communications Technology Research Centre of Excellence to create forecasting techniques for solar power output.
Liquidation
Armada Solar went into liquidation in February 2015 with an estimated shortfall near $1.8 million. Up to that point, it held the distinction of being Canberra’s longest-operating solar installation provider.
After the conclusion of the ActewAGL solar buyback program, numerous former Armada installers found employment with other firms, contributing to another cycle of rapid growth and decline within the local solar industry. Director Justin Ryan contributed analysis on these market dynamics through articles published in the Canberra Times.