Redback tech advancements receive govt funding

The Queensland Government has provided $1.96 million in funding to renewable energy business Redback Technologies.

This funding will enable the company to further advance its technology developments.

Energy Queensland is investing $1.42 million of staff and resources into a new smart monitoring initiative. Meanwhile, Advance Queensland has awarded Redback Technologies and the University of Queensland a Research Fellowship of $0.54 million in staff and resources to advance the development of smart grid capabilities.

“The Queensland Government’s commitment to 50% 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 businesses to be entirely powered by renewable energy all day, every day,” said Philip Livingston, founder and managing director, Redback Technologies and board member of the Australian Solar Council.

Energy Queensland will deploy a team coordinator and two mid-level engineers into Redback’s team. The partnership will last three years with the aim of creating and deploying next-generation monitoring solutions that will enable increased intelligence, safety and ultimately, an increased volume of distributed renewables to be deployed on Queensland energy networks.

Energy Queensland’s staff will be co-located at Redback’s headquarters on the University of Queensland’s Long Pocket Campus, allowing for maximum cross-pollination between EQ engineers and Redback’s engineering team. Energy Queensland’s funding follows EnergyAustralia’s AU$9.3 million investment in Redback late last year, signalling a trend of utility companies taking interest in Redback’s suite of technologies.

Advance Queensland has awarded Redback Technologies and the University of Queensland $0.54m in staff and resources as part of the Research Fellowship 2017 program to advance the development of smart energy grid capabilities with Redback’s technology.

The program will see three data scientists deployed to Redback Technologies with a core focus on making breakthroughs in data management, peer-to-peer energy trading schemes for sustainable cities, as well as knowledge management for microgrid data and microgrid energy storage. They will be located at Redback’s headquarters on University of Queensland’s Long Pocket campus.

Image credit: ©stock.adobe.com/au/adimas

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