Redbank Energy is pleased to announce that it has successfully lodged an application with the Australian Securities and Investments Commission (ASIC) to become a self-regulatory organisation (SRO) for the solar and renewable energy sectors.

This follows ASIC's announcement in March that it was extending its existing SRO status to the solar and renewable energy sectors. SRO status will give Redbank Energy the ability to self-regulate the industry and provide investors with clear and timely information about the company's operations. Redbank Energy is one of the first Australian companies to apply for SRO status and we are confident that this will provide our investors with the confidence they need to invest in the solar and renewable energy sectors.