We’ve got some big news to share: Think Renewable has officially acquired MLEC Solar, a WA-based solar and electrical business with more than a decade of experience and around 20,000 installations across Western Australia and South Australia.
We started Think Renewable in 2021 to make energy decisions simpler for Australian households. Joining forces with MLEC gives us the scale and reach to keep doing that for the long haul. Together we have more than 350 people working across NSW, Queensland, WA and SA.
For us, this means more installation teams, a bigger operational and logistics base in WA and SA, and the ability to reach new markets. Most importantly, it means we can look after more households and keep raising the standard of our work. MLEC co-founder Ben Morrison is staying on to lead its installation teams, so the experience that built MLEC stays at the heart of the business.
For our existing customers, nothing changes. You’ll still deal with the same team and get the same support. Both businesses will keep doing what they do best, with the backing of a larger national group behind them
You can read the full announcement below.
Our news has also been covered by Business News Australia. Read their article here.
Australian solar and battery company Think Renewable has acquired WA-based MLEC Solar, creating a renewable energy group with combined FY26 revenue of $130.5 million.
The acquisition brings together two established Australian solar businesses with complementary capabilities and geographic footprints, positioning the group for further national growth as Australia’s residential renewable energy market matures.
The combined group will employ more than 350 people and is targeting 10,000 solar and battery installations nationally this financial year.
Think Renewable Co-Founder and CEO Daniel Tonkin said the acquisition came as Australia’s fragmented renewable energy market entered a new phase of consolidation.
“Government incentives have helped drive enormous growth in Australia’s solar and battery industry, including attracting a growing number of operators to the market,” Mr Tonkin said.
“As rebate settings change and the market matures, we expect to see greater consolidation. Scale, operational capability and the ability to support customers over the long term are going to become increasingly important.
“This acquisition positions us to be one of Australia’s leading solar and battery groups, bringing together two businesses with complementary strengths and a shared commitment to the industry for the long term.”
Since launching five years ago, Think Renewable has built a rapidly growing national solar and battery business, completing more than 10,000 installations, employing more than 230 people and establishing operations across New South Wales, Queensland and Western Australia.
MLEC brings further scale to the group as an established solar and electrical business with a significant presence across Western Australia and South Australia.
Founded in Western Australia in 2014, MLEC employs more than 120 people across WA and SA and operates 15 in-house installation teams, supported by established warehousing and logistics infrastructure. The business has completed approximately 20,000 installations since inception.
Mr Tonkin said Think Renewable and MLEC both have strong teams, established customer bases and significant industry experience.
“Bringing the two businesses together gives us greater scale, capability and reach, while allowing each brand to continue building on what it already does well.
“It creates a stronger platform for growth as demand for solar, batteries and broader home electrification continue to increase across Australia.”
The acquisition strengthens the group’s presence across NSW, Queensland, WA and South Australia and provides a platform for both brands to continue expanding into new and existing markets.
The combined businesses are projecting revenue to grow from $130.5 million in FY26 to more than $200 million by FY28.
MLEC will continue to operate under its existing brand, with its key leadership remaining involved in the day-to-day business.
Mr Tonkin said retaining the experience and capability within MLEC was an important part of the acquisition.
“MLEC has built a strong business, and the people who understand its operations and have contributed to that success remain an important part of its future,” he said.
“We want to build on that foundation and give both businesses the resources and scale to pursue their growth plans.”
MLEC Co-Founder Ben Morrison said the deal would give MLEC greater capacity to build on the business it had established over more than a decade.
“We’ve built MLEC into a strong business with an experienced team, an established presence across WA and South Australia and a reputation we’re incredibly proud of,” Mr Morrison said.
“Joining forces with Think Renewable gives us the opportunity to build on those strengths and be part of a much larger national renewable energy group.”
“Both businesses have ambitious plans for growth. Together, we have the scale, experience and capability to pursue those opportunities while continuing to build on what has made each business successful.”
Mr Tonkin said the acquisition also represented a long-term investment in Australia’s renewable energy sector amid rapid growth in household battery adoption.
“The rebate environment will continue to change, as it always has in this industry, but we’re building a business for well beyond the current incentive cycle,” he said.
“We believe solar, batteries and home electrification will continue to become a bigger part of how Australian households manage their energy.
“As the industry develops, customers will increasingly look for providers with the scale, capability and infrastructure to support them over the life of their systems. We intend to be here for the long haul.”
Key acquisition numbers
- $130.5 million combined FY26 revenue
- More than $200 million projected combined revenue by FY28
- 10,000 solar and battery installations targeted nationally in FY27
- More than 350 employees across the combined businesses
- Operations and infrastructure spanning New South Wales, Queensland, Western Australia, and South Australia
About Think Renewable
Australian-owned and operated, Think Renewable is one of Australia’s leading residential renewable energy providers, delivering solar, battery storage, EV charging and integrated home energy solutions.
Founded in 2021 by long-time friends and business partners Daniel Tonkin, David Howie and Rory Dixon, Think Renewable focuses on simplifying energy decisions for customers and helping households reduce costs.
About MLEC Solar
Founded in Western Australia in 2014 by electrician brothers Ben and Matt Morrison, MLEC Solar is an Australian-owned solar and electrical business operating across Western Australia and South Australia.
The business has retained its electrical trade focus as it has grown, with an in-house operating model spanning sales, warehousing and installation.
Daniel Tonkin is available for interview.
Media Contact:
Michele Gellé
0418 388 101
micheleg@profilemedia.com.au
