Redback, an Australian inverter and battery maker, is now in voluntary administration

Redback Technologies, an inverter and battery firm based in Brisbane, has voluntarily entered administration and is currently on the lookout for new investors. This development doesn’t come as a surprise, given the absence of genuine Australian solar products. Competing with China in the solar sector is a tall order for Australia, and arguably, it’s not a battle we need to engage in. Australia excels in numerous other industries, which are simultaneously thriving and facing labor shortages