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Solar battery startup Redback's back from the brink with new owners

Brisbane battery maker Redback Technologies exits voluntary administration under new owner Australia Ebon, which injected an initial $500,000; earlier backers Energy Queensland, the Clean Energy Finance Corporation and Energy Australia are recalled.

Queensland renewables startup Redback Technologies placed in voluntary administration

Brisbane solar battery maker Redback Technologies has entered voluntary administration, with McGrathNicol appointed on 5 March; the firm keeps trading while a sale or recapitalisation is sought.

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