The Australian solar entrepreneur who conquered the US
Written on the 12 February 2018 by Ben Hall
He's a race car-driving former builder from the Gold Coast, so when Kenny Habul talks about taking solar to the world and declares that traditional energy is dead, you could be excused for thinking the guy has been bumped off by a body double.
Power prices 'astronomically high and make no sense'
"The current Australian Prime Minister has asked me to meet with him in a couple of weeks and just sort of talk about the general situation here in Australia and I'm not an expert at it, but I know the cost of power is astronomically high," says Habul.
Coal movement wields 'immense power'
"Our average deal size is $200 million and we are the largest purchaser of Caterpillar-tracked machines in the world five years in a row."
Traditional energy is 'finished'
As for the future, not surprisingly Habul says that despite their political and financial power, the big utilities that sell traditional power will not be around for much longer and cars will be electric, sooner rather than later.
Business News Australia
Author: Ben Hall