Australian Renewable Energy Agency

The Australian Renewable Energy Agency (ARENA) was established on 10 July 2011 as part of the Australian Government's Clean Energy Future package. As an independent statutory authority under the Commonwealth Authorities and Companies Act 1997, ARENA aims to enhance the competitiveness of renewable energy technologies and increase the supply of renewable energy in Australia. Since its operational start on 1 July 2012, ARENA has managed the administration of projects and initiatives previously overseen by the Australian Centre for Renewable Energy and the Department of Resources, Energy and Tourism. Additionally, as of 1 January 2013, ARENA has taken on the responsibilities of the Australian Solar Institute. With approximately $3 billion available for investment, ARENA plays a crucial role in advancing renewable energy projects across the country.

Ivor Frischknecht

CEO

Ian Kay

CFO

Past deals in Solar Energy

RayGen Resources

Series D in 2025
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

Vast

Grant in 2025
Vast is a renewable energy company that specializes in the design and manufacturing of concentrated solar thermal power (CSP) systems. These systems are capable of generating, storing, and dispatching carbon-free, utility-scale electricity and industrial heat, as well as facilitating the production of green fuels. Vast's innovative modular CSP technology incorporates proprietary sodium loop heat transfer methods, enabling it to provide a reliable solution to the challenges of intermittent renewable energy. This allows for the delivery of 24/7 dispatchable power and heat, positioning Vast as a key player in the transition to sustainable energy solutions.

MGA Thermal

Series B in 2024
MGA Thermal is a company specializing in the development of innovative thermal energy storage solutions aimed at enhancing the stability of the electrical grid and facilitating the use of renewable energy sources. By creating advanced materials and technologies, MGA Thermal enables efficient storage of renewable energy, particularly from intermittent sources like solar and wind. Their thermal storage systems are designed to store significant amounts of energy as heat in a safe, clean, and cost-effective manner. This capability allows businesses to transition towards renewable energy by providing a scalable method for energy storage that supports various applications, including residential and commercial heating, industrial processes, and electric vehicles.

Vast

Grant in 2024
Vast is a renewable energy company that specializes in the design and manufacturing of concentrated solar thermal power (CSP) systems. These systems are capable of generating, storing, and dispatching carbon-free, utility-scale electricity and industrial heat, as well as facilitating the production of green fuels. Vast's innovative modular CSP technology incorporates proprietary sodium loop heat transfer methods, enabling it to provide a reliable solution to the challenges of intermittent renewable energy. This allows for the delivery of 24/7 dispatchable power and heat, positioning Vast as a key player in the transition to sustainable energy solutions.

MGA Thermal

Grant in 2024
MGA Thermal is a company specializing in the development of innovative thermal energy storage solutions aimed at enhancing the stability of the electrical grid and facilitating the use of renewable energy sources. By creating advanced materials and technologies, MGA Thermal enables efficient storage of renewable energy, particularly from intermittent sources like solar and wind. Their thermal storage systems are designed to store significant amounts of energy as heat in a safe, clean, and cost-effective manner. This capability allows businesses to transition towards renewable energy by providing a scalable method for energy storage that supports various applications, including residential and commercial heating, industrial processes, and electric vehicles.

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 Group

Grant in 2023
Intellihub is a digital energy management company that serves energy retailers, energy providers, embedded network operators, and the commercial and industrial sectors in Australia and New Zealand. The company specializes in delivering smart energy devices and services, which include electricity metering, hot water metering, solar battery bundles, water metering, pool energy management, and virtual power plants. By offering these solutions, Intellihub enables its clients to enhance their services while transitioning towards sustainable energy practices. The company is dedicated to providing consistent quality metering services to support the evolving energy landscape.

AGL Energy

Grant in 2023
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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 Resources

Grant in 2023
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government'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

Grant in 2023
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.

AGL Energy

Grant in 2022
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

Intellihub Group

Grant in 2022
Intellihub is a digital energy management company that serves energy retailers, energy providers, embedded network operators, and the commercial and industrial sectors in Australia and New Zealand. The company specializes in delivering smart energy devices and services, which include electricity metering, hot water metering, solar battery bundles, water metering, pool energy management, and virtual power plants. By offering these solutions, Intellihub enables its clients to enhance their services while transitioning towards sustainable energy practices. The company is dedicated to providing consistent quality metering services to support the evolving energy landscape.

MGA Thermal

Grant in 2022
MGA Thermal is a company specializing in the development of innovative thermal energy storage solutions aimed at enhancing the stability of the electrical grid and facilitating the use of renewable energy sources. By creating advanced materials and technologies, MGA Thermal enables efficient storage of renewable energy, particularly from intermittent sources like solar and wind. Their thermal storage systems are designed to store significant amounts of energy as heat in a safe, clean, and cost-effective manner. This capability allows businesses to transition towards renewable energy by providing a scalable method for energy storage that supports various applications, including residential and commercial heating, industrial processes, and electric vehicles.

Edify Energy

Grant in 2022
Edify Energy is a renewable energy company that specializes in solar project structuring, investments, and financing services.

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

Grant in 2022
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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 Resources

Grant in 2021
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

Genex Power

Grant in 2021
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

Grant in 2021
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. is a leading solar power company based in Guelph, Canada, that specializes in the design, development, manufacture, and sale of a comprehensive range of solar energy products. These include solar ingots, wafers, cells, modules, and complete solar system kits designed for various applications. The company operates primarily through two segments: Module and System Solutions (MSS), which focuses on manufacturing and selling solar products along with engineering and operational services, and Energy, which is dedicated to the development and management of solar power projects and the sale of electricity. Canadian Solar serves a diverse customer base, including distributors, project developers, and installers, and has a strong global presence, with operations in multiple regions including North America, South America, Europe, and Asia. Founded in 2001, the company has made significant contributions to the renewable energy sector by expanding solar power infrastructure worldwide.

Diffuse Energy

Grant in 2020
Diffuse Energy Pty Ltd, established in 2018 and headquartered in Williamtown, Australia, specializes in manufacturing wind energy turbines. The company caters to a diverse range of industries, including telecommunications, agriculture, mining, and remote communities, offering a clean and efficient alternative to traditional power sources. Diffuse Energy's patented diffuser technology enhances turbine blade airflow, resulting in superior efficiency. Their small wind turbines can complement existing renewable energy systems like solar PV and battery storage, providing businesses with a reliable and sustainable power solution.

AGL Energy

Grant in 2020
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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 focused on making rooftop solar accessible for the multifamily housing market. The company has developed the SolShare, the world's first hardware solution that enables a single rooftop solar installation to be shared among multiple residents within a building. This innovative technology is designed to be demand responsive, optimizing benefits for residents while minimizing solar energy exports to the grid. Allume's systems are currently operational in Australia, the United States, and the United Kingdom. By leveraging diverse energy usage patterns, Allume provides residents with a real-time online portal that allows them to access economic clean power, ultimately helping to reduce their electricity bills and carbon footprints.

Solcast

Grant in 2020
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 Resources

Grant in 2020
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government'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

Grant in 2019
Neoen is an independent French energy company specializing in the development, financing, construction, and operation of renewable energy power plants. The company operates various types of facilities, including solar, wind, and biomass plants, and has a notable presence in France, Portugal, Australia, Mexico, Egypt, and El Salvador. As of the end of 2022, Neoen had an operational capacity of 5 GW, with a diverse portfolio comprising 54% solar energy, 35% onshore wind, and 11% utility-scale batteries. The company also engages in developing marine renewable energy projects in France and provides support to photovoltaic project developers and investors in the design, construction, operation, and maintenance of solar power plants both domestically and internationally. Neoen's strategic focus on renewable energy underscores its commitment to sustainable power generation.

BT Imaging

Grant in 2019
BT Imaging is a leading manufacturer of electrical-inspection equipment designed for the photovoltaic manufacturing industry. The company specializes in luminescence-based inspection systems that facilitate the design and production of silicon blocks, solar wafers, and solar cells. Its tools are utilized for research, product and process development, as well as production manufacturing inspection and quality control. By enhancing inspection and quality assurance processes, BT Imaging's systems enable clients to improve factory yields and increase the efficiency of solar cells. The company plays a vital role in advancing solar technology, supporting the growth of sustainable energy solutions.

Solpod

Grant in 2019
Solpod is a manufacturer of solar and renewable energy services.

Proa

Grant in 2019
Proa manages and monitors the technical and financial performance of solar and wind assets.

Meridian Energy

Grant in 2019
Meridian Energy Limited is a prominent utility company based in Wellington, New Zealand, specializing in the generation, trading, and retail of electricity and gas. The company primarily generates renewable electricity through hydro power stations, wind farms, and a solar farm located in Tonga. As the largest electricity producer in New Zealand, Meridian holds a significant market share, providing power to residential, business, and industrial customers under the Meridian and Powershop brands. Additionally, Meridian Energy offers various services, including solar installation, management, insurance, financing, and software development, and licenses its Flux platform for electricity and gas retailing. Established in 1998 and originally known as Hydro Energy Limited, the company rebranded in 1999 and has since become a leader in promoting renewable energy solutions.

Fulcrum3D

Grant in 2019
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
EnergyAustralia is a provider of electricity, natural gas, and solar power services, aiming to lead the transition to clean energy. The company focuses on offering a diverse range of energy solutions, including electricity supply, gas services, and solar power systems, along with battery storage options. By promoting renewable energy initiatives, EnergyAustralia seeks to help both residential and business customers reduce their carbon emissions and embrace sustainable energy practices. Through its comprehensive renewable energy portfolio, the company is committed to supporting the clean energy transformation for all.

Acciona

Grant in 2018
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 specializes in solar project structuring, investments, and financing services.

EnergyAustralia

Grant in 2018
EnergyAustralia is a provider of electricity, natural gas, and solar power services, aiming to lead the transition to clean energy. The company focuses on offering a diverse range of energy solutions, including electricity supply, gas services, and solar power systems, along with battery storage options. By promoting renewable energy initiatives, EnergyAustralia seeks to help both residential and business customers reduce their carbon emissions and embrace sustainable energy practices. Through its comprehensive renewable energy portfolio, the company is committed to supporting the clean energy transformation for all.

Hivve Sustainable Schools

Grant in 2018
Hivve Sustainable Schools provides clean energy and smart technology to reduce energy costs for school.

DC Power

Grant in 2018
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

Grant in 2017
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

Genex Power

Grant in 2017
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 Resources

Grant in 2017
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government'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 Resources

Series B in 2017
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

EnergyAustralia

Grant in 2017
EnergyAustralia is a provider of electricity, natural gas, and solar power services, aiming to lead the transition to clean energy. The company focuses on offering a diverse range of energy solutions, including electricity supply, gas services, and solar power systems, along with battery storage options. By promoting renewable energy initiatives, EnergyAustralia seeks to help both residential and business customers reduce their carbon emissions and embrace sustainable energy practices. Through its comprehensive renewable energy portfolio, the company is committed to supporting the clean energy transformation for all.

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 specializes in solar project structuring, investments, and financing services.

AGL Energy

Grant in 2017
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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

Grant in 2017
Neoen is an independent French energy company specializing in the development, financing, construction, and operation of renewable energy power plants. The company operates various types of facilities, including solar, wind, and biomass plants, and has a notable presence in France, Portugal, Australia, Mexico, Egypt, and El Salvador. As of the end of 2022, Neoen had an operational capacity of 5 GW, with a diverse portfolio comprising 54% solar energy, 35% onshore wind, and 11% utility-scale batteries. The company also engages in developing marine renewable energy projects in France and provides support to photovoltaic project developers and investors in the design, construction, operation, and maintenance of solar power plants both domestically and internationally. Neoen's strategic focus on renewable energy underscores its commitment to sustainable power generation.

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

Grant in 2016
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

Grant in 2016
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. is a leading solar power company based in Guelph, Canada, that specializes in the design, development, manufacture, and sale of a comprehensive range of solar energy products. These include solar ingots, wafers, cells, modules, and complete solar system kits designed for various applications. The company operates primarily through two segments: Module and System Solutions (MSS), which focuses on manufacturing and selling solar products along with engineering and operational services, and Energy, which is dedicated to the development and management of solar power projects and the sale of electricity. Canadian Solar serves a diverse customer base, including distributors, project developers, and installers, and has a strong global presence, with operations in multiple regions including North America, South America, Europe, and Asia. Founded in 2001, the company has made significant contributions to the renewable energy sector by expanding solar power infrastructure worldwide.

Carnegie Clean Energy

Grant in 2016
Carnegie Clean Energy Limited is an Australian company focused on developing and commercializing innovative energy solutions, particularly through its proprietary CETO wave energy technology, which converts ocean wave energy into zero-emission electricity. The company also engages in the production and sale of clean renewable energy via solar and battery systems, notably serving clients such as the Department of Defense. In addition to its core wave energy initiatives, Carnegie Clean Energy owns Energy Made Clean, a leading firm in battery and solar microgrid engineering, procurement, and construction. Incorporated in 1987 and headquartered in North Fremantle, Australia, Carnegie Clean Energy has established partnerships, including a collaboration with Hewlett Packard Enterprise to enhance its CETO technology using advanced reinforcement learning techniques. The company aims to contribute significantly to the renewable energy sector through its diverse projects and expertise.

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

Series C in 2016
Sunverge Energy Inc. is a company that develops and operates a cloud-based platform for the aggregation and management of distributed energy resources. Founded in 2010 and headquartered in San Francisco, California, with an additional office in Fortitude Valley, Australia, Sunverge offers solutions such as the Sunverge Solar Integration System (SIS) Release 1.2, which facilitates the distribution of renewable energy generation and storage. The company also provides the Sunverge SISport load management software, designed to optimize residential energy use by managing peak load demands. Sunverge serves a diverse clientele, including homeowners, small and medium-sized businesses, utilities, and electricity regulators. The company has established strategic partnerships with industry leaders like LG Electronics and Eaton to enhance its service offerings.

Genex Power

Grant in 2015
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

Grant in 2015
Fulcrum3D specializes in remote sensing, forecasting, data capture, reporting, wind, solar, and environmental measurement services.

Dyesol

Grant in 2015
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 Resources

Grant in 2015
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

Neoen

Grant in 2015
Neoen is an independent French energy company specializing in the development, financing, construction, and operation of renewable energy power plants. The company operates various types of facilities, including solar, wind, and biomass plants, and has a notable presence in France, Portugal, Australia, Mexico, Egypt, and El Salvador. As of the end of 2022, Neoen had an operational capacity of 5 GW, with a diverse portfolio comprising 54% solar energy, 35% onshore wind, and 11% utility-scale batteries. The company also engages in developing marine renewable energy projects in France and provides support to photovoltaic project developers and investors in the design, construction, operation, and maintenance of solar power plants both domestically and internationally. Neoen's strategic focus on renewable energy underscores its commitment to sustainable power generation.

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

Grant in 2014
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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

Grant in 2014
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 Limited is an Australian company focused on developing and commercializing innovative energy solutions, particularly through its proprietary CETO wave energy technology, which converts ocean wave energy into zero-emission electricity. The company also engages in the production and sale of clean renewable energy via solar and battery systems, notably serving clients such as the Department of Defense. In addition to its core wave energy initiatives, Carnegie Clean Energy owns Energy Made Clean, a leading firm in battery and solar microgrid engineering, procurement, and construction. Incorporated in 1987 and headquartered in North Fremantle, Australia, Carnegie Clean Energy has established partnerships, including a collaboration with Hewlett Packard Enterprise to enhance its CETO technology using advanced reinforcement learning techniques. The company aims to contribute significantly to the renewable energy sector through its diverse projects and expertise.

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

Grant in 2014
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.

AGL Energy

Grant in 2014
AGL Energy is one of Australia's foremost integrated energy companies, with a strong emphasis on renewable energy generation. With over 175 years of experience, AGL operates a significant retail and merchant energy business, managing over 4 million electricity and gas accounts, which constitutes approximately one-third of the Australian market. The company boasts a diverse power generation portfolio that includes base-load, peaking, and intermediate generation plants, utilizing both traditional thermal sources and renewable energy such as hydro, wind, landfill gas, and biomass. AGL is committed to advancing a sustainable energy future for its investors, communities, and customers, and it is recognized as the largest ASX-listed owner, operator, and developer of renewable energy assets in Australia.

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

Grant in 2013
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

Grant in 2012
Vast Solar delivers modular solar thermal power technology with affordable storage for solar power application projects.
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