REDBACK SECURES MONEY AND MARKETING FROM $9.3 MILLION INVESTMENT
Written on the 4 October 2016
REDBACK Technologies has received a $9.3 million investment from energy retailer EnergyAustralia, to further develop its Generation 2 Smart Hybrid Solar Inverter System.
"It is Redback's mission to build infrastructure for the future grid, infrastructure that enables grid stability without reliance on centralised fossil generators. Democratising access to clean energy by shifting reliance to decentralised renewable generation, whereby allowing consumers to monitor, store and control their own solar energy assets as a means of ensuring power is there when they need it," continues Livingston.
"Redback's growth is creating significant employment opportunities for those in the science, technology, engineering and mathematics sectors. We are always on the lookout for thought leaders who are passionate about changing the world."