Daily Bulletin


Business News

  • Written by Kim Bradley


Clean tech energy company GO energy Group Limited (ASX: GOE) (GO energy, the Company) is pleased to announce that Redback Technologies Limited has entered in to an exclusive Distribution Agreement with L&H Group for the distribution of Redback’s Energy Storage Solution.

Highlights

    GO energy advises that Redback Technologies has entered in to an exclusive Distribution Agreement with L&H Group for the distribution of Redback’s Energy Storage Solution.
    Last month GO energy announced its intention to acquire up to 20% of Redback Technologies, an emerging energy storage business - subject to shareholder approval.
    Under the Agreement L&H Group will exclusively distribute Redback’s innovative energy storage products in Australia and New Zealand.
    It is anticipated 28,000 Redback Smart Hybrid inverter energy storage units will be sold in the initial three year term of the agreement and first orders under the agreement have been placed.
    L&H Group is part of the global Sonepar group of companies and is Australia’s largest electrical B2B distributor – with 30,000 customers.
    GO energy has a Strategic Alliance with L&H Group for L&H to market and sell GO energy’s energy and solar products and services.

GO energy Group CEO Adam Pearse said:

“We are delighted to see that this key Distribution Agreement has been executed. One of our core focuses is to be at the forefront of the development of the Energy Storage sector. The Agreement between Redback and L&H will rapidly expand the footprint of Redback’s innovative energy storage products utilising L&H’s vast distribution capabilities. Redback and L&H are both key strategic partners for GO energy Group, and we are excited to see the benefits of this Agreement unfold over the coming years.”

About GO energy

GO energy Group Limited (ASX: GOE) is an independent, ASX-listed clean tech energy retailer and financier. Holding energy retail licenses in New South Wales, Victoria and Queensland, GO energy provides business customers with an innovative approach to reduce energy costs through a combination of solar based power purchase agreements, energy efficiency products and grid energy solutions.
Writers Wanted

An unexpected consequence of climate change: heatwaves kill plant pests and save our favourite giant trees

arrow_forward

Burnt ancient nutshells reveal the story of climate change at Kakadu — now drier than ever before

arrow_forward

My favourite detective: Jules Maigret, the Paris detective with a pipe but no pretense

arrow_forward

Tips to find the best plastic manufacturing supplier for your needs

Plastics are very much an important part of all of our lives, but they’re particularly valuable to a wide variety of industries that rely on their production for their operations. The industries, ...

News Co - avatar News Co

7 foolproof tips for bidding successfully at a property auction

Auctions can be beneficial for prospective buyers, as they are transparent and fair. If you reach the limit you are willing to pay, you can simply walk away. Another benefit of an auction is tha...

Dominique Grubisa - avatar Dominique Grubisa

Getting Ready to Code? These Popular and Easy Programming Languages Can Get You Started

According to HOLP (History Encyclopedia of Programing Languages), there are more than 8,000 programming languages, some dating as far back as the 18th century. Although there might be as many pr...

News Co - avatar News Co

Avoid These Mistakes When Changing up Your Executive Career

Switching up industries is a valid move at any stage in your career, even if you’re an executive. Doing so at this stage can be a lot more intimidating, however, and it can be quite difficult know...

News Co - avatar News Co

4 Costly Mistake To Avoid When Subdividing Your Property

As a property developer or landowner, the first step in developing your land is subdividing it. You subdivide the property into several lots that you either rent, sell or award to shareholders. ...

News Co - avatar News Co

WHY SHOULD ONE BUY A FRANCHISE?

The franchise industry in Australia has been booming since the 1980s, as many emerging entrepreneurs find immense scope in this rapidly growing sector. The total number of franchised outlets in ...

Ester Adams - avatar Ester Adams


The Conversation
INTERWEBS DIGITAL AGENCY

Politics

Ray Hadley's interview with Scott Morrison

RAY HADLEY: Prime Minister, good morning.    PRIME MINISTER: G’day Ray.   HADLEY: I was just referring to this story from the Courier Mail, which you’ve probably caught up with today about t...

Ray Hadley & Scott Morrison - avatar Ray Hadley & Scott Morrison

Prime Minister's Remarks to Joint Party Room

PRIME MINISTER: Well, it is great to be back in the party room, the joint party room. It’s great to have everybody back here. It’s great to officially welcome Garth who joins us. Welcome, Garth...

Scott Morrison - avatar Scott Morrison

Prime Minister Interview with Ben Fordham, 2GB

BEN FORDHAM: Scott Morrison, good morning to you.    PRIME MINISTER: Good morning, Ben. How are you?    FORDHAM: Good. How many days have you got to go?   PRIME MINISTER: I've got another we...

Scott Morrison - avatar Scott Morrison



News Co Media Group

Content & Technology Connecting Global Audiences

More Information - Less Opinion