RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
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.
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.
Origin Energy
Grant in 2024
Origin Energy is a prominent Australian energy utility that engages in the exploration, generation, and delivery of energy to over four million customer accounts, making it the largest energy retailer in the country, with a 33% market share. The company provides a diverse range of energy services, including electricity, natural gas, solar energy, and liquefied petroleum gas. Origin has a substantial portfolio of electricity generation assets, consisting of base-load, intermediate, and peaking power plants with a total capacity of 6,000 megawatts, contributing significantly to the national electricity market. Additionally, Origin Energy holds a 27.5% stake in Australia Pacific LNG, which operates large coal seam gas fields and liquefied natural gas export facilities in Queensland.
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.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
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.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
Solar Analytics
Grant in 2023
Solar Analytics Inc. is a developer of advanced solar energy monitoring devices and platforms, primarily focused on optimizing the performance of solar photovoltaic systems. The company offers the Solar Smart Monitor, which connects to the solar energy system to provide real-time tracking of performance, household energy consumption, and fault diagnosis. This device is complemented by an online dashboard that delivers personalized insights and detailed monthly reports on system performance. Solar Analytics serves a diverse clientele, including residential users, small commercial customers, energy distributors, and solar installers. Founded in 2016 and based in Oakland, California, Solar Analytics aims to enhance energy efficiency and enable users to maximize the benefits of their solar investments through strategic partnerships and innovative technology.
Origin Energy
Grant in 2023
Origin Energy is a prominent Australian energy utility that engages in the exploration, generation, and delivery of energy to over four million customer accounts, making it the largest energy retailer in the country, with a 33% market share. The company provides a diverse range of energy services, including electricity, natural gas, solar energy, and liquefied petroleum gas. Origin has a substantial portfolio of electricity generation assets, consisting of base-load, intermediate, and peaking power plants with a total capacity of 6,000 megawatts, contributing significantly to the national electricity market. Additionally, Origin Energy holds a 27.5% stake in Australia Pacific LNG, which operates large coal seam gas fields and liquefied natural gas export facilities in Queensland.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
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.
Edify Energy
Grant in 2022
Edify Energy is a renewable energy company that focuses on solar projects across their lifecycle. It provides development support, project structuring, and financing services, along with construction management and asset management. The company emphasizes large-scale solar deployments, guiding projects from development through financing and execution to ongoing asset stewardship. By coordinating development, investment, and operational management, Edify Energy helps clients advance the deployment of solar capacity and promote the transition to sustainable energy.
Australian Centre for Advanced Photovoltaics
Grant in 2022
The Australian Centre for Advanced Photovoltaics (ACAP) is developing the next generations of photovoltaic technology, providing a pipeline of opportunities for performance increase and cost reduction. Headquartered at UNSW’s School of Photovoltaic and Renewable Energy Engineering.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
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.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
Genex Power Limited is an Australian company dedicated to the generation and storage of renewable energy. Based in Sydney, it operates a diverse portfolio of projects that includes hydro, wind, and solar energy initiatives. Key projects encompass the 50 MW Kidston Solar Project, the 250 MW Kidston Pumped Storage Hydro Project, the 270 MW Kidston Solar Project, the 150 MW Kidston Wind Project, the 50 MW Jemalong Solar Project, and the 2 GW Bulli Creek project. Since its rebranding from Allied Resources Limited in 2013, Genex Power has focused on enhancing Australia's renewable energy landscape.
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.
Canadian Solar
Grant in 2021
Canadian Solar Inc. designs, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products and develops solar energy projects worldwide. The company operates two segments: Module and System Solutions (MSS), which designs and sells solar modules, specialty modules, system kits, and related components, and provides engineering, procurement and construction and operation and maintenance services; and Energy, which develops, owns, and operates solar power plants and sells electricity. MSS also offers energy solutions such as inverters and energy storage systems for utility, commercial, and residential applications. The company serves distributors, system integrators, project developers, and EPC companies across North America, South America, Europe, and other regions. Founded in 2001 and headquartered in Guelph, Canada, Canadian Solar markets its products under its brand and pursues global solar and storage projects, including utility-scale and residential deployments.
Diffuse Energy
Grant in 2020
Founded in Australia in 2018, Diffuse Energy specializes in manufacturing innovative small wind turbines. These turbines are designed for diverse industries such as telecommunications, agriculture, mining, and remote communities, offering efficient energy solutions alongside existing technologies like solar PV and battery storage.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
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.
Origin Energy
Grant in 2020
Origin Energy is a prominent Australian energy utility that engages in the exploration, generation, and delivery of energy to over four million customer accounts, making it the largest energy retailer in the country, with a 33% market share. The company provides a diverse range of energy services, including electricity, natural gas, solar energy, and liquefied petroleum gas. Origin has a substantial portfolio of electricity generation assets, consisting of base-load, intermediate, and peaking power plants with a total capacity of 6,000 megawatts, contributing significantly to the national electricity market. Additionally, Origin Energy holds a 27.5% stake in Australia Pacific LNG, which operates large coal seam gas fields and liquefied natural gas export facilities in Queensland.
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.
Solcast provides actual and forecasts solar irradiance and power data, globally, using satellites and surface measurements. They deployed solar forecasting and historical data services globally and made them available via an easy-to-use, highly scalable API.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
Sustainable Australia Fund
Grant in 2019
Sustainable Australia Fund is a financial service company that focuses on capital funding, solar funding, and upgrade funding 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.
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.
Solpod is a manufacturer of solar and renewable energy services.
Proa manages and monitors the technical and financial performance of solar and wind assets.
Meridian Energy
Grant in 2019
Meridian Energy is a New Zealand-based power company that generates and retails electricity primarily through renewable sources such as hydro, wind, and solar. It serves residential, business, and industrial customers under the Meridian and Powershop brands.
Fulcrum3D specializes in remote sensing, forecasting, data capture, reporting, wind, solar, and environmental measurement services.
Solar Analytics
Grant in 2019
Solar Analytics Inc. is a developer of advanced solar energy monitoring devices and platforms, primarily focused on optimizing the performance of solar photovoltaic systems. The company offers the Solar Smart Monitor, which connects to the solar energy system to provide real-time tracking of performance, household energy consumption, and fault diagnosis. This device is complemented by an online dashboard that delivers personalized insights and detailed monthly reports on system performance. Solar Analytics serves a diverse clientele, including residential users, small commercial customers, energy distributors, and solar installers. Founded in 2016 and based in Oakland, California, Solar Analytics aims to enhance energy efficiency and enable users to maximize the benefits of their solar investments through strategic partnerships and innovative technology.
Origin Energy
Grant in 2018
Origin Energy is a prominent Australian energy utility that engages in the exploration, generation, and delivery of energy to over four million customer accounts, making it the largest energy retailer in the country, with a 33% market share. The company provides a diverse range of energy services, including electricity, natural gas, solar energy, and liquefied petroleum gas. Origin has a substantial portfolio of electricity generation assets, consisting of base-load, intermediate, and peaking power plants with a total capacity of 6,000 megawatts, contributing significantly to the national electricity market. Additionally, Origin Energy holds a 27.5% stake in Australia Pacific LNG, which operates large coal seam gas fields and liquefied natural gas export facilities in Queensland.
EnergyAustralia
Grant in 2018
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.
Acciona is a leading Spanish corporation specializing in sustainable solutions for infrastructure and renewable energy projects. Established over a century ago, it employs more than 30,000 people and operates in over 30 countries across five continents. The company is structured into two main divisions: energy and infrastructure. The energy division emphasizes renewable technologies, focusing on wind, solar, hydro, and biomass, while the infrastructure division includes construction, water treatment, and various service lines. Acciona undertakes projects through government concessions or independent opportunities, ensuring a commitment to sustainability through its Sustainability Master Plan, which aims to facilitate the transition to a low-carbon economy by optimizing resource use and minimizing environmental impact.
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.
Simply Energy
Grant in 2018
Simply Energy is one of Australia's fastest growing energy companies. They started providing energy in South Australia and Victoria in 2005.
Today they provide electricity to customers in New South Wales, Queensland, South Australia and Victoria, plus natural gas to customers in South Australia, Victoria and some areas of NSW.
They're now powering more than 600,000 customers around the country!
Simply Energy is part of ENGIE, a leading global energy provider that operates in over 70 countries.
They're using this global experience, technology and buying power to innovate locally and grow the services they offer Australians.
Our goal is to provide Australians with affordable energy, and simple, smart ways to manage their energy usage. So, they're not only your first stop for gas and electricity: you can chat to us if you want to find out more about using solar power, storing energy in a home battery system or if you simply want to find out what you'll save by switching to more energy-efficient LED lights.
Edify Energy
Grant in 2018
Edify Energy is a renewable energy company that focuses on solar projects across their lifecycle. It provides development support, project structuring, and financing services, along with construction management and asset management. The company emphasizes large-scale solar deployments, guiding projects from development through financing and execution to ongoing asset stewardship. By coordinating development, investment, and operational management, Edify Energy helps clients advance the deployment of solar capacity and promote the transition to sustainable energy.
EnergyAustralia
Grant in 2018
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.
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.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
Genex Power Limited is an Australian company dedicated to the generation and storage of renewable energy. Based in Sydney, it operates a diverse portfolio of projects that includes hydro, wind, and solar energy initiatives. Key projects encompass the 50 MW Kidston Solar Project, the 250 MW Kidston Pumped Storage Hydro Project, the 270 MW Kidston Solar Project, the 150 MW Kidston Wind Project, the 50 MW Jemalong Solar Project, and the 2 GW Bulli Creek project. Since its rebranding from Allied Resources Limited in 2013, Genex Power has focused on enhancing Australia's renewable energy landscape.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
RATCH-Australia Corporation
Grant in 2017
RATCH-Australia Corporation Ltd, founded in 2003 and based in North Sydney, Australia, is an independent power producer that specializes in electricity generation through various renewable and thermal sources. The company has developed a diverse portfolio of energy generation assets, including wind farms, solar photovoltaic facilities, and gas power stations, totaling 1.2 gigawatts in capacity. Formerly known as Transfield Services Infrastructure Limited, RATCH-Australia changed its name in July 2011 and operates as a subsidiary of RH International (Singapore) Corporation Pte. Ltd. The company is committed to providing sustainable energy solutions in Australia.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
EnergyAustralia
Grant in 2017
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.
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.
Solar Analytics
Grant in 2017
Solar Analytics Inc. is a developer of advanced solar energy monitoring devices and platforms, primarily focused on optimizing the performance of solar photovoltaic systems. The company offers the Solar Smart Monitor, which connects to the solar energy system to provide real-time tracking of performance, household energy consumption, and fault diagnosis. This device is complemented by an online dashboard that delivers personalized insights and detailed monthly reports on system performance. Solar Analytics serves a diverse clientele, including residential users, small commercial customers, energy distributors, and solar installers. Founded in 2016 and based in Oakland, California, Solar Analytics aims to enhance energy efficiency and enable users to maximize the benefits of their solar investments through strategic partnerships and innovative technology.
Edify Energy
Grant in 2017
Edify Energy is a renewable energy company that focuses on solar projects across their lifecycle. It provides development support, project structuring, and financing services, along with construction management and asset management. The company emphasizes large-scale solar deployments, guiding projects from development through financing and execution to ongoing asset stewardship. By coordinating development, investment, and operational management, Edify Energy helps clients advance the deployment of solar capacity and promote the transition to sustainable energy.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
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.
First solar Australia - O&M assets
Grant in 2016
First solar Australiar provides the engineering, procurement, and construction (EPC) services, and operations and maintenance (O&M) Services.
Genex Power Limited is an Australian company dedicated to the generation and storage of renewable energy. Based in Sydney, it operates a diverse portfolio of projects that includes hydro, wind, and solar energy initiatives. Key projects encompass the 50 MW Kidston Solar Project, the 250 MW Kidston Pumped Storage Hydro Project, the 270 MW Kidston Solar Project, the 150 MW Kidston Wind Project, the 50 MW Jemalong Solar Project, and the 2 GW Bulli Creek project. Since its rebranding from Allied Resources Limited in 2013, Genex Power has focused on enhancing Australia's renewable energy landscape.
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.
Canadian Solar
Grant in 2016
Canadian Solar Inc. designs, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products and develops solar energy projects worldwide. The company operates two segments: Module and System Solutions (MSS), which designs and sells solar modules, specialty modules, system kits, and related components, and provides engineering, procurement and construction and operation and maintenance services; and Energy, which develops, owns, and operates solar power plants and sells electricity. MSS also offers energy solutions such as inverters and energy storage systems for utility, commercial, and residential applications. The company serves distributors, system integrators, project developers, and EPC companies across North America, South America, Europe, and other regions. Founded in 2001 and headquartered in Guelph, Canada, Canadian Solar markets its products under its brand and pursues global solar and storage projects, including utility-scale and residential deployments.
Carnegie Clean Energy
Grant in 2016
Carnegie Clean Energy develops and commercializes the CETO wave energy technology to convert ocean swell into zero-emission electricity. It also develops solar energy, battery storage and microgrid projects, and owns and commercializes its CETO intellectual property as well as Energy Made Clean, an engineering, procurement and construction company for solar and battery microgrids. The company operates projects in Australia, including the Garden Island Microgrid, and generates revenue from electricity sales. It collaborates with Hewlett Packard Enterprise to develop reinforcement learning based controllers for its CETO technology. Carnegie Clean Energy is headquartered in North Fremantle, Australia, and has evolved from Carnegie Wave Energy.
Sustainable Australia Fund
Grant in 2016
Sustainable Australia Fund is a financial service company that focuses on capital funding, solar funding, and upgrade funding services.
Mojo Power Holdings
Venture Round in 2016
Mojo Power Holdings is an Australian electricity company established in 2015, specializing in solar energy solutions. The company offers an innovative energy monitoring platform that allows consumers to access wholesale electricity rates and track their electricity consumption. This technology empowers users to optimize their energy usage, leading to reduced electricity costs and increased savings. By focusing on solar power and consumer-centric services, Mojo Power aims to enhance the efficiency and affordability of electricity for its customers.
Sunverge Energy
Series C in 2016
Sunverge Energy develops and operates a cloud-based platform for the aggregation and management of distributed energy resources, enabling co-optimization of generation, storage, and load. Its Sunverge Solar Integration System (SIS) and SISport load management software distribute renewable energy generation and storage and shape residential peak load. The company serves homeowners, small and medium-sized businesses, utilities, and electricity regulators. Founded in 2010, Sunverge is based in San Francisco, California, with an office in Fortitude Valley, Australia. It has strategic alliances with LG Electronics and collaborates with Eaton to advance distributed energy resources. Sunverge aims to make renewable power reliable, economical, and accessible by aligning services across the energy value chain, helping customers manage infrastructure investments, lower generation costs, increase system reliability, and meet renewable energy goals.
Genex Power Limited is an Australian company dedicated to the generation and storage of renewable energy. Based in Sydney, it operates a diverse portfolio of projects that includes hydro, wind, and solar energy initiatives. Key projects encompass the 50 MW Kidston Solar Project, the 250 MW Kidston Pumped Storage Hydro Project, the 270 MW Kidston Solar Project, the 150 MW Kidston Wind Project, the 50 MW Jemalong Solar Project, and the 2 GW Bulli Creek project. Since its rebranding from Allied Resources Limited in 2013, Genex Power has focused on enhancing Australia's renewable energy landscape.
Fulcrum3D specializes in remote sensing, forecasting, data capture, reporting, wind, solar, and environmental measurement services.
Dyesol is a global solar technology company and in August 2005 was listed on the Australian Stock Exchange (ASX: DYE). Dyesol is the leading supplier of the materials for the next generation technology known as dye solar cell technology (artificial photosynthesis). Dyesol has partners with existing routes to market for very large scale PV product rollout, which require large volumes of Dyesol materials. Dyesol has locked in long term material supply agreements. Bank of New York Mellon (BNY Mellon) has been appointed as Depositary for a Level 1 sponsored OTC quoted ADR programme, making it easier for potential US investors to invest in Dyesol. The ticker for purchase of Dyesol ADRs is DYSOY. There are 20 ASX shares to one ADR share.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
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.
Australian PV Institute
Grant in 2015
Australian PV Institute is a not-for-profit organisation that provides data analysis, reliable and objective information.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
Fotowatio Renewable Ventures
Grant in 2014
Fotowatio Renewable Ventures, B.V. is a global developer and operator of solar energy projects, with its headquarters in Madrid, Spain. Established in 2006, the company specializes in the development, construction, financing, operation, and maintenance of photovoltaic and thermosolar energy facilities. Fotowatio Renewable Ventures has a significant presence across Europe, Africa, Oceania, Australia, the Middle East, and Latin America, managing a diverse portfolio of power plants on five continents. The company is committed to providing sustainable and economically viable renewable energy solutions, emphasizing the importance of transitioning from fossil fuels to cleaner energy sources. Through its focus on innovation and transparency, Fotowatio Renewable Ventures aims to enhance energy performance and competitiveness while delivering quality energy to consumers at competitive prices. As a subsidiary of Abdul Latif Jameel Energy and Environmental Services, the company leverages its extensive experience and technical expertise to lead in the solar energy sector and expand its impact within the broader renewable energy market.
Australian PV Institute
Grant in 2014
Australian PV Institute is a not-for-profit organisation that provides data analysis, reliable and objective information.
EDL provides sustainable energy solutions and electricity generation through renewable energy, remote energy & waste coal mine gas.
Carnegie Clean Energy
Grant in 2014
Carnegie Clean Energy develops and commercializes the CETO wave energy technology to convert ocean swell into zero-emission electricity. It also develops solar energy, battery storage and microgrid projects, and owns and commercializes its CETO intellectual property as well as Energy Made Clean, an engineering, procurement and construction company for solar and battery microgrids. The company operates projects in Australia, including the Garden Island Microgrid, and generates revenue from electricity sales. It collaborates with Hewlett Packard Enterprise to develop reinforcement learning based controllers for its CETO technology. Carnegie Clean Energy is headquartered in North Fremantle, Australia, and has evolved from Carnegie Wave Energy.
First solar Australia - O&M assets
Grant in 2014
First solar Australiar provides the engineering, procurement, and construction (EPC) services, and operations and maintenance (O&M) Services.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.
Brisbane Materials
Grant in 2014
Brisbane Materials Technology Pty Ltd. is an Australian manufacturer specializing in anti-reflective coatings, primarily for lighting and solar power applications. Founded in 2005 and based in St Lucia, the company emerged from the University of Queensland and has leveraged significant investment and technology development over the years. Brisbane Materials focuses on producing innovative optical coatings, including low-cost, wide-area anti-reflective coatings made from porous silica and other materials. These coatings are manufactured using a patented technology that allows for the creation of an inorganic layer from a liquid precursor at room temperature and atmospheric pressure. This process not only enhances the efficiency of solar panel covers for photovoltaic and solar thermal systems but also offers a cost-effective solution for lighting applications. As a subsidiary of XeroCoat, Brisbane Materials aims to expand its unique coating technology to a broader range of materials and applications in the future.
Australian PV Institute
Grant in 2013
Australian PV Institute is a not-for-profit organisation that provides data analysis, reliable and objective information.
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.
RATCH-Australia Corporation
Grant in 2013
RATCH-Australia Corporation Ltd, founded in 2003 and based in North Sydney, Australia, is an independent power producer that specializes in electricity generation through various renewable and thermal sources. The company has developed a diverse portfolio of energy generation assets, including wind farms, solar photovoltaic facilities, and gas power stations, totaling 1.2 gigawatts in capacity. Formerly known as Transfield Services Infrastructure Limited, RATCH-Australia changed its name in July 2011 and operates as a subsidiary of RH International (Singapore) Corporation Pte. Ltd. The company is committed to providing sustainable energy solutions in Australia.
Australian Solar Thermal Energy Association
Grant in 2012
Australian Solar Thermal Energy Association is an association that worksng with research agencies regarding solar thermal power.
Australian PV Institute
Grant in 2012
Australian PV Institute is a not-for-profit organisation that provides data analysis, reliable and objective information.
Solar Systems
Grant in 2012
Solar Systems Pty. Ltd. is an Australian company specializing in the manufacture and installation of utility-scale solar power plants. Founded in 1991 and based in Abbotsford, the company focuses on concentrating photovoltaic (CPV) technology, which efficiently converts sunlight into electricity with minimal operational and maintenance demands. Solar Systems develops advanced solar photovoltaic technology that incorporates multi-junction III-V photovoltaic cells, significantly enhancing output compared to traditional silicon-based cells. Their product offerings include dense array dish power generation units, modules, and receivers. Additionally, the company operates a solar CPV plant connected to the national grid, contributing to the electricity supply. Solar Systems operates as a subsidiary of Silex Systems Ltd.
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.