RayGen logo — Lowest cost, long duration solar + storage to deliver the ec...

RayGen

Lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.

Founded 2010 Australia Australia 89 employees Series D Energy, Manufacturing +3

General Information

Company Name RayGen
Founded Year 2010
Location Australia Australia +1
Employees 89
Industries Energy, Manufacturing, Renewable Energy +2
Funding Stage Series D
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About RayGen

RayGen is an Australian technology business with world-leading capability in the next generation of solar power and electricity storage. RayGen’s Solar Power Plant makes renewable energy available on demand with the lowest cost, long duration solar plus storage solution. The Solar Power Plant provides utility-scale, time-shifting energy storage with synchronous generation of high-quality power. The system can also be flexibly located and installed where the grid requires. The Solar Power Plant consists of RayGen’s proprietary PV Ultra (solar co-generation) and Thermal Hydro (electro-thermal storage) technologies. RayGen has a highly capable and experienced team of 30 employees in engineering, manufacturing, operations and sales. RayGen has built and sold 1MWAC (3MW cogeneration) PV Ultra projects, supported by power purchase agreements. RayGen develops and manufactures its high-efficiency solar modules at its 25MWAC manufacturing facility in Melbourne, Victoria. RayGen has received support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government’s New Energy Jobs Fund. Learn more at RayGen.com

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series D •••••• - 22 Apr 2024
Grant •••••• - 31 Aug 2023
Grant •••••• - 08 Jun 2021
Grant •••••• - 19 Mar 2020
Grant •••••• - 28 Sep 2017

View All 8 Funding Rounds

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FAQ About RayGen

Lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.
RayGen was founded in 2010.
RayGen is headquartered in Australia.
RayGen operates in the following industries: Energy, Manufacturing, Renewable Energy, Clean Energy, Energy Storage.
RayGen has approximately 89 employees.
RayGen has completed 8 funding rounds. The latest funding stage is Series D.
Top alternatives and competitors to RayGen include Power Electronics, SolarReserve, ENER-T INTERNATIONAL, Gupta Industrial Maintenance Services Pvt Ltd, RedoxBlox. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RayGen and Power Electronics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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