RayGen

Today we are proud to announce a major chapter in RayGen’s homegrown success story. We have completed our Series D investment round, totalling $127 million, one of the largest clean energy technology raises in Australia. As CEO Richard Payne says, this new funding round “validates our vision, empowers us to accelerate our growth and is recognition of the outstanding effort and dedication of the RayGen team”. #solar #solarenergy #energy #energystorage #raygen Laura Acklandiene Eleanor McCracken-Hewson John Lasich Sean Baker Brendt Henricus Vanessa M. Zhen Mu Kira Rundel, Ph.D. Leonie Walsh David Sutton Fredrick Støa YOSHI SAITO SLB Australian Renewable Energy Agency (ARENA) Quanta Services Australia Oxy Technology Ventures Inc Breakthrough Victoria Chevron Technology Ventures Equinor Ventures AGL Photon Energy Group

For the 3rd consecutive year, #RayGen has been recognised as a #Work180 Endorsed Employer! So far, we’re proud to have achieved 24% female representation in our highly skilled workforce and a gender pay gap below the Australian national average. But we’re not stopping there—our goal is to reach 30% female representation by 2030, a target we’re confident in achieving thanks to our inclusive culture and forward thinking managers. There’s still work to do, but our incredible employees are shaping RayGen’s future—creating a workplace where everyone feels valued and empowered to build a fulfilling career. WORK180 #womeninSTEM #womeninengineering #renewableenergy #australiajobs

A huge congratulations to Photon Energy Group and their team advancing this significant project deploying RayGen’s Solar Hydro technology to support reliable renewable electricity supply in South Africa 🌍

Over the last week, RayGen and SLB were delighted to host our partner Alfa Laval at our HQ and manufacturing facility in Melbourne and at our flagship Solar Hydro plant in Carwarp. We took a deep dive into the design of heat exchangers across our solar and long duration energy storage technology. The design optimization of heat exchangers for both cost and performance is a critical element in successfully delivering our technology into a growing pipeline of large-scale projects. To meet this objective, none are better placed than the team at Alfa Laval - Rolf Christensen, Maria Navasa, Christian Kempe, Mandy Cao, RAJARSHI DHAR, Alasdair Maciver, Maryam Nahid, Evgeny R., Paul Cirillo and Paul Tuckwell, given their innovative and collaborative approach paired with their exceptional depth of expertise in the design and manufacturing of heat exchangers. Thanks to the Alfa Laval team for their outstanding support and partnership! Richard Payne Sean Baker Sam Carter Neil Faragher Liam Fechner

📰 📣 Premier Jacinta Allan, Treasurer Tim Pallas, Minister for Jobs and Industry Natalie Hutchins MP, along with Minister for Energy and Resources Lily D'Ambrosio MP announced the Economic Growth Statement right here at RayGen today. Our CEO Richard Payne and Founder & CRO John Lasich welcomed the Victorian Government to our HQ and showed RayGen's advanced high efficiency solar module manufacturing facility, driving growth and creating local jobs.

📰 📣 Premier Jacinta Allan, Treasurer Tim Pallas, Minister for Jobs and Industry Natalie Hutchins MP, along with Minister for Energy and Resources Lily D'Ambrosio MP announced the Economic Growth Statement right here at RayGen today. Our CEO Richard Payne and Founder & CRO John Lasich welcomed the Victorian Government to our HQ and showed RayGen's advanced high efficiency solar module manufacturing facility, driving growth and creating local jobs.

We are celebrating a milestone 🎉 👏 The Development Application has been submitted to the Government of South Australia for the Yadnarie Renewable Energy Facility in Cleve! Congratulations to Photon Energy Group for driving the development of this essential infrastructure, which advances both reliability and emissions objectives in the SA power market via low-cost long duration storage. RayGen's Solar Hydro technology will be deployed at commercial scale, comprising 150MW of solar generation, 90MW thermal hydro storage and at least 720MWh/8h energy storage. This project will create ~250 jobs at the peak construction period and ~20 ongoing regional jobs, as well as deploy RayGen's Australian-manufactured hi-tech solar modules. 📅 Consultation on the DA is open until 10 January 2025. More information: https://lnkd.in/gWax4NcB

Join the Global Transition to Renewable Energy Are you a commercially astute Legal Counsel looking to make a meaningful impact? We’re seeking a dynamic individual to join our team and contribute to the growing field of renewable energy. In this exciting and broad role, you’ll provide strategic legal counsel across a variety of areas, including: Commercial contracts & supply agreements Original equipment manufacturing contracts Large-scale energy projects Intellectual property protection You'll also support governance & risk management, assist in developing corporate policies, and manage the risk register. Additionally, you’ll play a key role in supporting the Company Secretariat function, including matters related to investor relations. This is an incredible opportunity to shape the future of energy while working in a flexible and supportive environment. The role is based in Hawthorn East, VIC, with flexible working options available. For more details, reach out to Sarah Ling at Dean and Ling. The full job advert is linked in the comments. We welcome applicants from diverse backgrounds. Join us in driving the transition to a cleaner, more sustainable future. #renewableenergyjobs #legalcounsel #cleanenergy #solar

'Collaboration and partnerships are critical elements to enable RayGen to successfully scale our technology', says our CEO Richard Payne. Check out this video to see how we partnered with Alfa Laval in deploying their plate heat exchangers at our Carwarp Solar Power Plant.

What a privilege it was to have the Breakthrough Victoria Board and Executive Leadership Team visit RayGen! We welcomed the Hon. John Brumby AO, Monique Conheady, Deirdre Blythe, Lauren Morrey and Brett Mitsch to our HQ and solar module manufacturing facility in Hawthorn East. The team at RayGen truly appreciates Breakthrough Victoria's support of our home grown and innovative technology, manufactured right here in Victoria for deployment into the global solar plus storage market.