this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . april 2012 learn how and when to remove this template message true value solar type private industry renewable energy founded march 2009 headquarters melbourne victoria australia key people robert gattereder ceo products solar systems net income a 43.3 million 2011 number of employees 220 website 1 true value solar was an australian renewable energy company headquartered in melbourne reviews 1 2 3 until 2013 when german based m w group bought true value s remaining 35 per cent shareholding . the core business of the company is the sale of rooftop solar power systems with installation by contractors operating in all major states in australia absent from the northern territory and australian capital territory . founded in 2009 . 4 contents 1 accc issues 2 purchase by m w group 3 executive members 4 references 5 external links accc issues edit on 11 april 2016 the australian competition and consumer commission reported that energy retailer true value solar pty ltd true value solar ceased offering its customers incentives for publishing positive online reviews following an investigation by the australian competition and consumer commission . 5 on 4 november 2011 the australian competition and consumer commission reported that true value solar pty ltd paid two infringement notices totalling 13 200 and provided a court enforceable undertaking to the australian competition and consumer commission regarding misleading advertising . 6 purchase by m w group edit in march 2013 true value solar became fully owned by german based m w group after the engineering and construction firm bought true value s remaining 35 per cent shareholding . m w was already the majority shareholder in the rooftop solar specialist having bought 65 per cent of the company in 2011 . 7 in march 2011 german engineering firm m w group announced that it had purchased a majority stake in national solar group the parent company of true value solar at the time . 8 executive members edit robert gattereder chief executive officer of m w solar gmbh references edit product review website . product review . 18 december 2013 . retrieved 18 december 2013 . true local review website . true local . 18 december 2013 . retrieved 18 december 2013 . whirlpool website . whirlpool . 18 december 2013 . retrieved 18 december 2013 . suren chandrajit . smart company . 21 december 2011 . retrieved 21 december 2011 . accc 11 april 2016 . true value solar discontinues incentives for positive online reviews . accc.gov.au . accc 4 november 2011 . true value solar pays infringement notices for misleading advertising . accc.gov.au . mixed greens german firm buys australia s largest solar installer . reneweconomy.com.au . 6 march 2013 . retrieved 6 march 2013 . m w takes controlling stake in national solar group . australian financial review . 13 april 2011 . retrieved 13 april 2011 . external links edit official website http www.truevaluesolar.com.au retrieved from https en.wikipedia.org w index.php title true value solar & oldid 730419849 categories companies based in melbournecompanies established in 2009hidden categories wikipedia articles with possible conflicts of interest from april 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 18 july 2016 at 22 38 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view