Australian renewable energy business, Redback Technologies, has welcomed two injections of funding totaling $1.96million from the Queensland Government to further advance technology developments.
Queensland Government owned electricity distributor, Energy Queensland, is investing $1.42million of staff and resources into a new smart monitoring initiative. Meanwhile, Government innovation movement, Advance Queensland, has awarded Redback Technologies and the University of Queensland a Research Fellowship of $0.54million in staff and resources to advance the development of smart grid capabilities.
Philip Livingston, Founder and Managing Director, Redback Technologies and Board Member of the Australian Solar Council said the partnerships with Energy Queensland and Advance Queensland, with the support of the Queensland Government, signals the next step in Redback’s evolution in delivering low cost, intelligent energy solutions for its downstream customers.
“The Queensland Government’s commitment to 50 per cent renewables by 2030 is delivering jobs and investment throughout the State. These partnerships mean those with the most relevant expertise are working on these projects and will further cement Redback’s vision to enable Australian households and business’ to be entirely powered by renewable energy all day, every day,” said Mr Livingston.