Rooftop solar certificate trading platform back in business after Federal Court intervention

Rooftop solar trading platform resumes after Court intervention

Greenbot Resumes Trading After Challenging Suspension

Greenbot, an online platform for trading certificates linked to the federal government’s rooftop solar rebate, has successfully overturned its suspension from the Small-scale Renewable Energy Scheme. The Clean Energy Regulator announced this week that the Federal Court had granted a temporary stay on the mid-June decision to permanently suspend Greenbot from the SRES.

The regulator had taken action against Greenbot due to alleged non-compliance with participation and installation rules, citing a platform failure that led to the improper creation of small-scale technology certificates (STCs). Following an investigation into Greenbot’s operations, including its online trading portal and mobile app, the CER made the initial decision to suspend the platform.

However, Greenbot contested the suspension and reassured its customers via email that it was working to reverse the decision. The company expressed confidence in its legal actions to address the matter promptly, highlighting its long-standing industry experience and successful facilitation of numerous installations and STC creations.

According to the latest update from the CER, the Federal Court’s order allows Greenbot to resume creating certificates within the Small-scale Renewable Energy Scheme and participate in the SPV Initiative. The suspension will remain on hold while the Court reviews the case, with the regulator promising to provide further updates as the situation progresses.

Sophie Vorrath, the editor of One Step Off The Grid and deputy editor of Renew Economy, has been reporting on clean energy for over a decade.

Similar Posts