Solar Energy Equipment Distributor One Stop Warehouse Is Moving Beyond Solar Panels To Capitalise On Australia’s Renewable Energy Market. Co-Founder And Ceo Anson Zhang Shares How It Is Going To Be Done.
One Stop Warehouse was ranked 24th on The Australian Financial Review’s Fast 100 list of Australia’s fastest growing companies in 2018. Co-Founder and CEO Anson Zhang considers it one of the company’s proudest achievements in the two years since he last spoke to The CEO Magazine.
Anson applied to join the list after talking to one of his business associates in Perth, a solar panel supplier, Solar Naturally. “He mentioned that he was going to be listed on the Fast 100,” Anson explains. “I said ‘Congratulations, how much revenue have you made?’ And he said, ‘We made about A$30 million last year’.” At this point, Anson realised OSW stood a chance of being on the list and replied, “Oh okay, we’ve made almost A$200 million.” It signalled rapid growth from a company that was only founded in 2013. “If you look closely, about half of the companies on the list have revenues less than A$10 million,” Anson adds. “In 2013 we had A$6 million, so our growth rate is 400 per cent.”
OSW is a distributor of solar photovoltaic panels, solar inverters, solar systems and all related components. Headquartered in Brisbane, Queensland, the company also has bases in Adelaide, Perth, Melbourne and Sydney. Back when OSW was founded, Anson never thought it would become as big as it has. In just six years, it has established a strong position in Australia’s solar market, developed 11 warehouses in Australia, grown to 90 employees, and even signed a partnership with one of China’s largest energy companies, GCL.
This story is from the May 2019 edition of The CEO Magazine - ANZ.
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This story is from the May 2019 edition of The CEO Magazine - ANZ.
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