{"id":5178,"date":"2015-11-10T01:46:09","date_gmt":"2015-11-10T01:46:09","guid":{"rendered":"https:\/\/cleanenergyworld.net\/index.php\/2015\/11\/10\/solco-enters-energy-storage-sector-stake-redbank\/"},"modified":"2015-11-10T01:46:09","modified_gmt":"2015-11-10T01:46:09","slug":"solco-enters-energy-storage-sector-stake-redbank","status":"publish","type":"post","link":"https:\/\/cleanenergyworld.net\/index.php\/2015\/11\/10\/solco-enters-energy-storage-sector-stake-redbank\/","title":{"rendered":"Solco Enters Energy Storage Sector With Stake in Redbank"},"content":{"rendered":"<p>Australian solar company Solco has signed an agreement to acquire a 20% stake in Redback Investments Australia which owns 20% of emerging energy storage business Redback Technologies.<\/p>\n<p>\u201cThe acquisition allows Solco to enter the rapidly emerging energy storage market, and establish it as an innovative provider of complete energy solutions &#8211; a stated aim of the companys business plan. It is proposed that Solco will market, sell and distribute Redbacks range of energy storage products and services,\u201d Solco said in a statement.<\/p>\n<p>\u201cThe acquisition is consistent with Solcos business model to be a significant, independent clean tech energy retailer, focused on reducing customer utility costs and reliance on grid energy through the provision of clean technology opportunities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian solar company Solco has signed an agreement to acquire a 20% stake in Redback Investments Australia which owns 20% of emerging energy storage business Redback Technologies.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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