Redback Technologies have taken a step towards expanding their business to the United Arab Emirates, last week inking a memorandum of understanding (MoU) to bring their real time energy management systems along with their solar expertise to the UAE. The MoU, with Duserve Facilities Management (Duserve FM) is in regards to collaboration on a pilot project which will trial Redback’s solar solutions in the UAE.
The 12 month pilot project involves Redback trialling its energy generation and management solutions over 20 commercial and 20 residential properties in Dubai South; a new metropolitan area which will house around 1 million people. Redback will manage and monitor energy during the 12 month period, with their proprietary software able to offer real-time data and insights into the energy usage of each property to a very granular level.
Redback’s Energy Management Platform
Redback are in the unique position of being a solar company (their inverters partner with Redflow zCell batteries, using Zinc Bromide instead of Lithium Ion which have myriad pros and cons – click here for a great article from SolarQuotes.com.au who sum up the situation very effectively) whose USP also includes a proprietary software platform (via the ‘Internet of Things’ (IOT)) to keep a constant eye on energy usage – deciding whether they’ll distribute extra energy to smart appliances, store them in batteries and adjust accordingly by learning patterns based on expected weather movements, user energy habits and so on. The software is hosted with Microsoft Azure IoT Suite cloud platform, which ensures updates and upgrades will be very easy as the technology progresses. This really is a key selling point about Redback – once you’ve used the software for a while it’ll be able to predict a lot about your usage patterns and figure out the best way to save you the most amount of money on your electricity bill.
About Redback Technologies
Redback is an unlisted company currently in the final stages of raising capital to help support their expansion into Dubai. Based in Brisbane, the company has more than quadrupled its staff over the last year – expanding from 12 to 52. Retailer EnergyAustralia invested $9.3m into the company in October last year, with some very enthusiastic things to say about both Redback’s solar technology and its cloud-based energy management system which works for households or whole buildings.
Have a look at the video below which introduces Redback Technologies, their founder and MD Philip Livingston, and explains more about their partnership with EnergyAustralia.