Vast is a renewable energy company specializing in concentrated solar thermal power (CSP) systems. It generates, stores, and dispatches carbon-free electricity and industrial heat, enabling the production of green fuels.
MGA Thermal
Series B in 2024
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.
Fortescue Future Industries
Grant in 2024
Fortescue Future Industries (FFI) is a global green energy and product company committed to producing zero-emission green hydrogen from 100 percent renewable sources.
Vast is a renewable energy company specializing in concentrated solar thermal power (CSP) systems. It generates, stores, and dispatches carbon-free electricity and industrial heat, enabling the production of green fuels.
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.
Hysata is focused on advancing hydrogen electrolyzer technology to facilitate the production of green hydrogen, aiming to significantly reduce costs to below $2 per kilogram. This innovative approach is rooted in research from the University of Wollongong's ARC Centre of Excellence for Electromaterials Science, led by Professor Gerry Swiegers. The company’s electrolyzers operate by using electricity to separate water into hydrogen and oxygen, thereby supporting the transition from fossil fuels to sustainable energy sources. Hysata's initiatives are designed to play a crucial role in helping businesses achieve net-zero emissions and accelerate the global move towards environmentally friendly energy solutions.
Fortescue Future Industries
Grant in 2024
Fortescue Future Industries (FFI) is a global green energy and product company committed to producing zero-emission green hydrogen from 100 percent renewable sources.
Jupiter Ionics
Grant in 2024
Jupiter Ionics is a company focused on the development of advanced technologies for the carbon-neutral production of green ammonia. The firm utilizes an electrolytic cell to convert air, water, and solar energy into ammonia, making its process compatible with renewable power sources. This modular and scalable technology allows industrial units to efficiently access green ammonia, supporting sustainable practices in various sectors. The team comprises dedicated scientists and engineers who are committed to advancing these innovative solutions for a more environmentally friendly future.
Established in 2016, EnergyLab is Australia's first accelerator dedicated to clean energy startups. It offers successful applicants $50,000 funding, assistance with further capital raising, mentoring, coaching, business education, legal and accounting advice, and free coworking membership.
Intellihub is a digital energy management company serving energy retailers, energy providers, embedded network operators, and commercial and industrial sectors across Australia and New Zealand. It offers smart energy devices and services, including electricity metering, hot water metering, water metering, solar battery bundles, pool energy management, and virtual power plants, enabling clients to optimize energy use and transition to sustainable energy.
AMSL Aero is a developer of electric vertical take-off and landing aircraft. The company designs aircraft intended to provide safe, fast, and environmentally friendly transportation for aeromedical, emergency services, and passenger markets. Its Vertiia model is capable of cruising at about 300 km/h and can travel up to 250 km on a fully electric battery before recharge, aiming to enable a new mode of point-to-point travel with reduced congestion. The company is also developing an autonomous two-seat aircraft designed to improve mobility by enabling high-speed air travel from any location with a suitable landing pad, offering a clean, low-cost alternative to ground transport.
Sundrive Solar
Grant in 2023
Sundrive Solar is a solar technology start-up focused on developing innovative solutions to lower the costs associated with high-efficiency solar cells. The company aims to enhance the performance and sustainability of these cells by utilizing more abundant materials, specifically replacing silver with copper in the manufacturing process. This approach not only reduces production costs but also supports the energy industry in adopting more sustainable practices. Sundrive Solar's commitment to using readily available materials positions it as a forward-thinking player in the renewable energy sector.
JET Charge specializes in electric vehicle (EV) charging infrastructure in Australia. The company provides a range of EV products and services, including installations for domestic and commercial charging.
Hysata is focused on advancing hydrogen electrolyzer technology to facilitate the production of green hydrogen, aiming to significantly reduce costs to below $2 per kilogram. This innovative approach is rooted in research from the University of Wollongong's ARC Centre of Excellence for Electromaterials Science, led by Professor Gerry Swiegers. The company’s electrolyzers operate by using electricity to separate water into hydrogen and oxygen, thereby supporting the transition from fossil fuels to sustainable energy sources. Hysata's initiatives are designed to play a crucial role in helping businesses achieve net-zero emissions and accelerate the global move towards environmentally friendly energy solutions.
Opal offers a wide range of custom sustainable fiber packaging and paper solutions.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.
Fortescue Future Industries
Grant in 2022
Fortescue Future Industries (FFI) is a global green energy and product company committed to producing zero-emission green hydrogen from 100 percent renewable sources.
Intellihub is a digital energy management company serving energy retailers, energy providers, embedded network operators, and commercial and industrial sectors across Australia and New Zealand. It offers smart energy devices and services, including electricity metering, hot water metering, water metering, solar battery bundles, pool energy management, and virtual power plants, enabling clients to optimize energy use and transition to sustainable energy.
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.
5B Australia
Grant in 2022
5B Australia Pty Ltd, founded in 2013 by solar engineers Chris McGrath and Eden Tehan, specializes in the engineering, procurement, and construction of large-scale solar farms. Based in Alexandria, Australia, the company has developed an innovative prefabricated solar array technology known as MAVERICK, which allows for rapid deployment and installation by small teams. This accordion-style design revolutionizes traditional solar farm construction by enabling a shift from unpredictable field environments to controlled factory settings, enhancing efficiency and quality control while reducing risks. 5B's commitment to innovation has led it to shape the future of clean energy and make it more accessible and competitive globally. The company has worked on over 140 projects worldwide, focusing on transforming the solar supply chain and supporting a global transition to sustainable power solutions. The name "5B" reflects the vast energy potential of the planet, emphasizing the need to harness solar power efficiently. As it continues to expand its partnerships and project deployments, 5B aims to provide the fastest, safest, and most cost-effective solar array solutions for its customers.
UPowr is a comprehensive platform that facilitates the adoption of renewable energy solutions for households and businesses. By simplifying the complex processes associated with the electrification of homes, UPowr enables users to efficiently access solar energy systems and battery storage. The company’s innovative software and managed services allow for the creation of personalized electrification proposals, automation of sales and service processes, and streamlined installation scheduling. This approach not only enhances the customer experience but also supports ongoing service and maintenance. By connecting clients to clean energy assets and optimizing their use according to specific energy goals, UPowr plays a pivotal role in accelerating the transition towards net-zero emissions.
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.
Sundrive Solar
Grant in 2020
Sundrive Solar is a solar technology start-up focused on developing innovative solutions to lower the costs associated with high-efficiency solar cells. The company aims to enhance the performance and sustainability of these cells by utilizing more abundant materials, specifically replacing silver with copper in the manufacturing process. This approach not only reduces production costs but also supports the energy industry in adopting more sustainable practices. Sundrive Solar's commitment to using readily available materials positions it as a forward-thinking player in the renewable energy sector.
Allume Energy
Grant in 2020
Allume Energy is a renewable technology company specializing in unlocking rooftop solar potential for multifamily housing and apartments. Its flagship product, SolShare, enables one rooftop solar installation to be shared among multiple residents within the same building, maximizing benefits and reducing grid exports.
Established in 2016, EnergyLab is Australia's first accelerator dedicated to clean energy startups. It offers successful applicants $50,000 funding, assistance with further capital raising, mentoring, coaching, business education, legal and accounting advice, and free coworking membership.
CORE Markets
Grant in 2020
CORE Markets facilitates connections between sustainability teams, market participants, and project developers, providing access to live carbon and clean energy markets. Its platform offers tools for managing decarbonization strategies, market insights, data analytics, project evaluation, and transaction services.
Glaciem Cooling Technologies
Grant in 2019
Glaciem Cooling Technologies is a manufacturing company specializing in sustainable heating and cooling solutions for commercial and industrial sectors. They offer innovative products such as phase change materials and carbon-based heat pumps, along with advanced control systems to optimize energy efficiency. Additionally, they provide consulting, engineering, and training services to support their clients' transition to more sustainable energy practices.
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.
BT Imaging specializes in the manufacture of luminescence-based inspection systems for the photovoltaic industry. Its products are designed to enhance quality control and improve yields during the production of silicon blocks, wafers, cells, and modules.
Wave Swell Energy
Grant in 2019
Wave Swell Energy is a developer of innovative technology designed to harness wave energy and convert it into electrical power. The company utilizes oscillating wave columns to effectively transform the kinetic and potential energy found in ocean waves into clean, emissions-free electricity. This technology is not only cost-effective but also allows for the transmission of electricity to the shore, where it can be used to power various applications, including desalination facilities located both onshore and onboard. Through its focus on renewable energy, Wave Swell Energy contributes to sustainable energy solutions by leveraging the power of the ocean.
Hazer Group commercializes Hazer Process, a novel hydrogen and graphite production technology that converts natural gas into these products. Established in Perth, Australia in 2010, the company serves industrial hydrogen, hydrogen energy, and synthetic graphite markets.
Solpod is a manufacturer of solar and renewable energy services.
Windlab is a wind energy development company focused on the creation, construction, and operation of clean energy projects globally. The company utilizes advanced atmospheric modeling and wind energy assessment technology to identify and develop viable wind energy sites. Windlab is committed to renewable energy project development and management, ensuring sustainable utilization of the world’s clean energy resources. Through its efforts, the company aims to provide benefits not only to its investors but also to the wider community by promoting clean energy solutions.
UTS is a research institute that conducts project-based research to create positive change toward more sustainable futures.
Climate-KIC Australia
Grant in 2018
Climate-KIC Australia is a knowledge and innovation community established and funded by a national collaboration of private and public sector organisations. Climate-KIC Australia is an independent, not-for-profit organisation that aims to link research, business, entrepreneurs, investors and government to drive transformational activities that unlock change at the speed and scale the climate challenge needs.
Iberdrola Australia
Grant in 2018
Iberdrola Australia is a renewable energy provider headquartered in Sydney, New South Wales, specializing in the development and operation of various clean energy projects. Founded in 2003, the company focuses on generating wind and solar energy, as well as implementing energy storage solutions, microgrids, and electric vehicle charging stations. By delivering competitively-priced and sustainable energy solutions, Iberdrola Australia aims to reduce greenhouse gas emissions and support the transition to a cleaner energy future. Its diverse portfolio reflects a commitment to innovation and environmental responsibility in the Australian energy market.
Bioenergy Australia
Grant in 2018
Bioenergy Australia drives the bioeconomy by creating jobs, attracting investment, and reducing waste.
Hivve Sustainable Schools
Grant in 2018
Hivve Sustainable Schools provides clean energy and smart technology to reduce energy costs for school.
DC Power Co is a company focused on providing solar energy solutions for households in Australia. It offers personalized services designed to facilitate the transition to renewable energy, enabling customers to maximize the value of their solar systems. The company supplies a range of products and services, including solar panels and batteries, to meet the diverse needs of households seeking to adopt renewable energy sources. By helping customers install and upgrade their solar systems, DC Power Co aims to reduce electricity costs and promote sustainable energy consumption.
Greatcell Solar
Grant in 2017
Greatcell Solar Limited is a clean-tech company based in Queanbeyan, Australia, specializing in the development and commercialization of Perovskite Solar Cells (PSC) technology. The company operates through three main segments: Glass and Equipment, Metal Strip, and R&D Materials. Greatcell Solar focuses on creating a comprehensive suite of PSC chemicals, components, and equipment essential for manufacturing PSC cells, modules, and panels. It offers turn-key and custom fabrication facilities for the research and production of PSC devices, alongside specialist training, consulting, and engineering solutions. The company's product range includes materials such as perovskite precursors, cobalt complexes, hole transport materials, and various pastes, inks, and substrates. Founded in 2004 and formerly known as Dyesol Limited, Greatcell Solar has positioned itself as a leader in the global development of third-generation solar technology, aiming to provide lower-cost renewable electricity that competes with both conventional and renewable energy sources.
Microbiogen is a biotechnology company specializing in the development of both non-genetically modified and genetically modified yeast strains for various applications, including human food, animal feed, enzymes, and protein vectors. The company focuses on creating yeast strains tailored for human applications, particularly in baking and related ingredients. Additionally, Microbiogen is dedicated to enhancing biocatalysts for the production of first and second generation biofuels. Their research has led to significant improvements in yeast used for producing fuel ethanol from diverse sources such as food sugars, waste biomass, and agricultural residues. By integrating multiple enhanced characteristics into single yeast organisms, Microbiogen aims to optimize the efficiency and sustainability of biofuel production.
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.
Windlab is a wind energy development company focused on the creation, construction, and operation of clean energy projects globally. The company utilizes advanced atmospheric modeling and wind energy assessment technology to identify and develop viable wind energy sites. Windlab is committed to renewable energy project development and management, ensuring sustainable utilization of the world’s clean energy resources. Through its efforts, the company aims to provide benefits not only to its investors but also to the wider community by promoting clean energy solutions.
UTS is a research institute that conducts project-based research to create positive change toward more sustainable futures.
Smart Energy Council
Grant in 2017
Smart Energy Council operates as an independent body within the Australian smart energy industry. It focuses on promoting the adoption and integration of renewable energy solutions. The organization plays a pivotal role in advocating for sustainable energy policies, providing education and resources on smart energy practices, and facilitating industry networking opportunities. It aims to accelerate Australia's transition to a net-zero emissions economy by supporting the development and implementation of smart energy technologies. Membership with the Smart Energy Council offers access to industry insights, events, and initiatives designed to drive impactful change in the realm of renewable energy.
Ecoult
Venture Round in 2017
Ecoult is a developer of advanced energy storage solutions that enhance energy reliability and efficiency, primarily targeting the renewable energy sector. The company specializes in the Ultrabattery, a novel class of lead-acid battery technology that effectively manages energy intermittencies, smooths power delivery, and facilitates energy shifting in a safe and reliable manner. Ecoult's systems are particularly favored by wind and solar farms, as well as remote microgrid applications, due to their ability to provide grid ancillary services and support energy management. With a proven track record of implementing Ultrabattery technology in large-scale demonstration projects worldwide, Ecoult aims to ensure energy availability whenever and wherever it is needed, while also promoting sustainability and reducing emissions through its innovative storage solutions.
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.
Ecoult is a developer of advanced energy storage solutions that enhance energy reliability and efficiency, primarily targeting the renewable energy sector. The company specializes in the Ultrabattery, a novel class of lead-acid battery technology that effectively manages energy intermittencies, smooths power delivery, and facilitates energy shifting in a safe and reliable manner. Ecoult's systems are particularly favored by wind and solar farms, as well as remote microgrid applications, due to their ability to provide grid ancillary services and support energy management. With a proven track record of implementing Ultrabattery technology in large-scale demonstration projects worldwide, Ecoult aims to ensure energy availability whenever and wherever it is needed, while also promoting sustainability and reducing emissions through its innovative storage solutions.
Narara Ecovillage
Grant in 2016
Narara Ecovillage is a residential community that offers social, economic, and sustainability development services.
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.
Frontier Impact Group
Grant in 2015
Frontier Impact Group is focused on commercializing new technologies that deliver high social, environmental, and economic impacts.
Octillion Power Systems
Venture Round in 2015
Octillion specializes in advanced lithium-ion batteries for industrial applications and electric vehicles. Its products undergo rigorous design processes, including thermal modeling and integrated battery management systems, ensuring high-quality energy storage solutions.
BioPower Systems
Grant in 2015
BioPower Systems is a renewable energy company specialising in harnessing power from ocean waves for utility-scale clean energy generation. They design and operate multi-unit wave energy farms connected to onshore distribution grids, employing lightweight, durable technology that can withstand varied marine conditions.
UTS is a research institute that conducts project-based research to create positive change toward more sustainable futures.
Bioenergy Australia
Grant in 2014
Bioenergy Australia drives the bioeconomy by creating jobs, attracting investment, and reducing waste.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.
Muradel produces advanced biocrude oil using sustainable and renewable organic materials.
Ecoult is a developer of advanced energy storage solutions that enhance energy reliability and efficiency, primarily targeting the renewable energy sector. The company specializes in the Ultrabattery, a novel class of lead-acid battery technology that effectively manages energy intermittencies, smooths power delivery, and facilitates energy shifting in a safe and reliable manner. Ecoult's systems are particularly favored by wind and solar farms, as well as remote microgrid applications, due to their ability to provide grid ancillary services and support energy management. With a proven track record of implementing Ultrabattery technology in large-scale demonstration projects worldwide, Ecoult aims to ensure energy availability whenever and wherever it is needed, while also promoting sustainability and reducing emissions through its innovative storage solutions.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.