RayGen
RayGen Resources Pty Ltd
Hawthorn East, Victoria, Australia
About
Founded in 2010, RayGen is a private headquartered in Hawthorn East, Australia with approximately 50-200 employees specializing in Solar, Energy Storage.
RayGen is an Australian renewable energy technology company founded in 2010 that specializes in concentrated photovoltaic (PV) solar technology combined with electro-thermal energy storage. The company uses mirrors to concentrate sunlight onto highly efficient solar modules, capturing both electricity and waste heat stored in water reservoirs for on-demand dispatch via a synchronous engine. RayGen's technology addresses long-duration energy storage needs for grid stabilization and industrial baseload applications. The company operates Australia's largest next-generation energy storage project at Carwarp (4 MW solar, 2.8 MW / 50 MWh storage), which began exporting to the grid in July 2022 under contract with AGL Energy. RayGen has commissioned a 170 MW per annum solar module production facility in Melbourne. The company is backed by major energy investors including Equinor Ventures, SLB, AGL Energy, Chevron Technology Ventures, Photon Energy Group, and ARENA, with projects planned across Australia and internationally.
Headquarters
Hawthorn East, Australia
Founded
2010
Employees
50-200
Company Type
Private
Business Models
Value Chain
Service Regions
Australia, Asia, South Africa
Industry Memberships
Work180
Products
PV Ultra
RayGen Solar-Plus-Storage System
Projects
RayGen Power Plant Carwarp
RayGen Newbridge Solar Facility
Eyre Peninsula Solar Hydro Project
South Africa 250 MW Solar Hydro Project
Sustainability
10k
Tonnes CO₂/yr avoided
Partnerships
Photon Energy Group, AGL Energy