Australia Ebon buys Redback Technologies

Redback electrical engineer Fasil Worku (left) shows network technology delivery manager Peter Judge how to use the Redback Solar Inverter System
Redback electrical engineer Fasil Worku (left) shows network technology delivery manager Peter Judge how to use the Redback Solar Inverter System

Redback Technologies has exited voluntary administration and is now under the control of  new owner Australia Ebon.

The new ownership will allow Brisbane-based Redback Technologies to continue creating  renewable energy solutions, furthering its dedication to providing clean, affordable power.

Related article: Redback Technologies enters voluntary administration

Redback’s local tech support and warranty teams continue to support installers with Redback Technologies’ systems. Importantly, all Redback warranty policies remain intact and unaffected by this change.

“Redback Technologies extends its deepest appreciation during the voluntary administration period to its network of distributors, installers, partners, and supporters across Australia and New Zealand,” the company said in a statement.

“The outpouring of support from homeowners, installers, distributors, partners, and stakeholders has been humbling, and the company sincerely thanks all those involved for their unwavering dedication.

“This new chapter of Redback Technologies provides a platform to continue to invest in leading edge technology and also maximise the global relationships that Australia Ebon group holds.”

Related article: EV charging firm Tritium appoints administrators

Redback says its team is already hard at work finalising the release of its next-generation hybrid battery system.

Australia Ebon Group is a fintech based in Australia that provides a comprehensive suite of financial services including cross-border payments, foreign exchange, and blockchain solutions.

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