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 Electric Grid

MGA Thermal

Series B in 2024
MGA Thermal specializes in the development of thermal storage systems and innovative materials aimed at enhancing energy storage capabilities. The company focuses on creating solutions that allow for the safe and efficient storage of renewable energy as heat, thereby supporting the integration of intermittent energy sources like solar and wind into the electrical grid. Their technology is designed to improve the stability of the grid and facilitate the use of renewable energy for residential and commercial heating, industrial processes, and electric vehicles. By offering clean, economical, and scalable thermal storage solutions, MGA Thermal aims to enable businesses to transition to renewable energy sources effectively.

Ausgrid

Grant in 2024
Ausgrid is an electricity distribution company based in Sydney, Australia, serving approximately 1.7 million customers in the Sydney metropolitan area, the Central Coast, and the Hunter regions. The company's primary operations include the ownership and management of a comprehensive electricity distribution and transmission network, which consists of substations, powerlines, underground cables, and power poles. Ausgrid provides a range of services, including electricity supply, infrastructure-related construction and maintenance, street lighting, safety inspections, energy audits, metering, and electrical repairs. Its diverse customer base encompasses residential households as well as small and large businesses across various sectors, including mining, shipping, tourism, manufacturing, and agriculture. Founded in 1904 and originally known as EnergyAustralia, the company rebranded to Ausgrid in March 2011.

Amber Electric

Grant in 2024
Amber Electric Pty Ltd is an Australian company based in Melbourne, founded in 2017. It specializes in delivering electricity at wholesale prices, allowing customers to benefit from real-time pricing that reflects the availability of renewable energy. By encouraging users to consume electricity when it is cheapest, Amber enables significant savings while promoting the integration of renewable resources into the energy grid. The company also offers an online platform for bill payments and additional services, positioning itself as a facilitator for customers to actively engage with the changing dynamics of the electricity market.

MGA Thermal

Grant in 2024
MGA Thermal specializes in the development of thermal storage systems and innovative materials aimed at enhancing energy storage capabilities. The company focuses on creating solutions that allow for the safe and efficient storage of renewable energy as heat, thereby supporting the integration of intermittent energy sources like solar and wind into the electrical grid. Their technology is designed to improve the stability of the grid and facilitate the use of renewable energy for residential and commercial heating, industrial processes, and electric vehicles. By offering clean, economical, and scalable thermal storage solutions, MGA Thermal aims to enable businesses to transition to renewable energy sources effectively.

SA Power Networks

Grant in 2024
SA Power Networks is responsible for the distribution of electricity across South Australia through an extensive network of poles and wires. The company builds, maintains, upgrades, and extends its distribution network, which spans 178,000 square kilometers and includes 89,000 kilometers of power lines. This infrastructure serves approximately 887,000 residential and commercial customers. In addition to its core distribution services, SA Power Networks responds to outages and implements safety measures to protect against electric shock and bushfires. Originally known as ETSA Utilities, the company rebranded to SA Power Networks in September 2012 and was incorporated in 2011. Its headquarters are located in Keswick, Australia.

Horizon Power

Grant in 2024
Horizon Power is responsible for generating, procuring, distributing and retailing electricity to regional Western Australia.

Reactive Technologies

Grant in 2023
Reactive Technologies LTD is an energy technology company based in London, United Kingdom, focused on facilitating the transition to clean energy through innovative solutions for grid operators, electric utilities, and renewable asset owners. The company offers a range of advanced technologies, including GridMetrix, which provides real-time inertia measurements for transmission system operators, and GridMetrix for distribution network operators, which measures system strength and helps manage constraints. Its Tradenergy platform enhances forecasting, risk management, and optimization for energy flexibility, while the Dynamic PPA feature allows generators to capitalize on market opportunities and mitigate price risks. Reactive Technologies is recognized for its groundbreaking Grid-Sonar™ technology, which delivers precise data on grid operations, thereby improving planning and maximizing electricity supply utilization. Established in 2010, the company has expanded its reach internationally, with commercial offices in the UK, USA, and Australia, and an R&D center in Finland.

SA Power Networks

Grant in 2023
SA Power Networks is responsible for the distribution of electricity across South Australia through an extensive network of poles and wires. The company builds, maintains, upgrades, and extends its distribution network, which spans 178,000 square kilometers and includes 89,000 kilometers of power lines. This infrastructure serves approximately 887,000 residential and commercial customers. In addition to its core distribution services, SA Power Networks responds to outages and implements safety measures to protect against electric shock and bushfires. Originally known as ETSA Utilities, the company rebranded to SA Power Networks in September 2012 and was incorporated in 2011. Its headquarters are located in Keswick, Australia.

MGA Thermal

Grant in 2022
MGA Thermal specializes in the development of thermal storage systems and innovative materials aimed at enhancing energy storage capabilities. The company focuses on creating solutions that allow for the safe and efficient storage of renewable energy as heat, thereby supporting the integration of intermittent energy sources like solar and wind into the electrical grid. Their technology is designed to improve the stability of the grid and facilitate the use of renewable energy for residential and commercial heating, industrial processes, and electric vehicles. By offering clean, economical, and scalable thermal storage solutions, MGA Thermal aims to enable businesses to transition to renewable energy sources effectively.

Evoenergy

Grant in 2021
Evoenergy specializes in electricity and gas distribution and maintenance services to the residential and business sectors.

Western Power

Grant in 2021
Western Power they are responsible for the safe, reliable and affordable transmission and distribution of electricity to customers in south Western Australia, they maintain, operate and develop a network that covers 261,000 square kilometres and connects more than one million customers.

Zenobe Energy

Grant in 2021
Zenobe Energy Limited is a company based in London that specializes in the design and manufacture of battery storage solutions for various sectors, including electric bus operators, utilities, and commercial enterprises. Established in 2016 and formerly known as Battery Energy Storage Solutions Limited, the company provides a range of services, including grid-connected energy storage, frequency balancing, and charging services. Additionally, Zenobe Energy offers a second-life battery service, which involves repurposing batteries after their initial use. Through these offerings, the company assists clients in managing their energy needs and reducing their environmental impact.

Relectrify

Grant in 2021
Relectrify specializes in advanced battery control solutions that enhance the longevity and cost-effectiveness of battery storage systems. The company’s technology includes cell-level battery management and inverter systems, which are applicable to various energy storage applications, including residential, industrial, and grid-based solutions. By utilizing both second-life and new batteries, Relectrify aims to make energy storage more affordable and sustainable. Their offerings encompass hardware electronics that manage power flows within battery packs, embedded software algorithms that optimize the operation of this hardware, and data analytics for performance monitoring. Through these innovations, Relectrify supports industries in achieving optimal battery performance and lifespan.

Jemena

Grant in 2021
Jemena is an operator of a diverse portfolio of energy and water transportation assets primarily located across the east coast of Australia and northern Australia. The company manages and operates essential infrastructure, including gas pipelines and electricity distribution networks. Its services support millions of households and businesses, ensuring reliable access to energy resources across multiple states. Through its extensive operations, Jemena plays a vital role in the energy sector, contributing to the overall efficiency and stability of energy supply in the regions it serves.

JOLT

Grant in 2020
JOLT is a green company that promotes electric vehicles by providing free and speedy charging, powered by renewable energy. JOLT offers thoughtfully designed, fast-charging stations that blend with cityscapes. Their convenient location map, supported by local councils, ensures easy access and future growth.

Horizon Power

Grant in 2020
Horizon Power is responsible for generating, procuring, distributing and retailing electricity to regional Western Australia.

TransGrid

Grant in 2020
TransGrid operates and manages a high voltage electricity transmission network in New South Wales and the Australian Capital Territory. This network connects electricity generators, distributors, and large end users, serving as the backbone of the National Electricity Market. By facilitating energy trading between the east coast states of Australia, TransGrid enables access to cost-effective electricity for households and businesses. The company's infrastructure includes high voltage overhead transmission lines, underground cables, substations, interconnectors to Victoria and Queensland, and fibre telecommunications networks. Founded in 1950 and based in Sydney, TransGrid plays a crucial role in supporting the transition to a cleaner energy future while ensuring a reliable power supply for its customers.

SA Power Networks

Grant in 2020
SA Power Networks is responsible for the distribution of electricity across South Australia through an extensive network of poles and wires. The company builds, maintains, upgrades, and extends its distribution network, which spans 178,000 square kilometers and includes 89,000 kilometers of power lines. This infrastructure serves approximately 887,000 residential and commercial customers. In addition to its core distribution services, SA Power Networks responds to outages and implements safety measures to protect against electric shock and bushfires. Originally known as ETSA Utilities, the company rebranded to SA Power Networks in September 2012 and was incorporated in 2011. Its headquarters are located in Keswick, Australia.

Evoenergy

Grant in 2020
Evoenergy specializes in electricity and gas distribution and maintenance services to the residential and business sectors.

GreenSync

Series C in 2019
GreenSync is a global energy technology company that specializes in connecting energy resources to create dynamic and efficient energy grids. Its cloud-based platform leverages analytics and automation to enhance smart grid capabilities, including real-time monitoring and automated demand response. By understanding key grid congestion points, GreenSync facilitates peer-to-peer and micro markets, allowing businesses to buy, sell, and store energy more effectively. The company also offers rebates to customers to improve grid reliability, thereby transforming energy markets and enabling more efficient energy consumption on a global scale.

SA Power Networks

Grant in 2019
SA Power Networks is responsible for the distribution of electricity across South Australia through an extensive network of poles and wires. The company builds, maintains, upgrades, and extends its distribution network, which spans 178,000 square kilometers and includes 89,000 kilometers of power lines. This infrastructure serves approximately 887,000 residential and commercial customers. In addition to its core distribution services, SA Power Networks responds to outages and implements safety measures to protect against electric shock and bushfires. Originally known as ETSA Utilities, the company rebranded to SA Power Networks in September 2012 and was incorporated in 2011. Its headquarters are located in Keswick, Australia.

Ausgrid

Grant in 2018
Ausgrid is an electricity distribution company based in Sydney, Australia, serving approximately 1.7 million customers in the Sydney metropolitan area, the Central Coast, and the Hunter regions. The company's primary operations include the ownership and management of a comprehensive electricity distribution and transmission network, which consists of substations, powerlines, underground cables, and power poles. Ausgrid provides a range of services, including electricity supply, infrastructure-related construction and maintenance, street lighting, safety inspections, energy audits, metering, and electrical repairs. Its diverse customer base encompasses residential households as well as small and large businesses across various sectors, including mining, shipping, tourism, manufacturing, and agriculture. Founded in 1904 and originally known as EnergyAustralia, the company rebranded to Ausgrid in March 2011.

Jemena

Grant in 2018
Jemena is an operator of a diverse portfolio of energy and water transportation assets primarily located across the east coast of Australia and northern Australia. The company manages and operates essential infrastructure, including gas pipelines and electricity distribution networks. Its services support millions of households and businesses, ensuring reliable access to energy resources across multiple states. Through its extensive operations, Jemena plays a vital role in the energy sector, contributing to the overall efficiency and stability of energy supply in the regions it serves.

Horizon Power

Grant in 2017
Horizon Power is responsible for generating, procuring, distributing and retailing electricity to regional Western Australia.

Powershop Australia

Grant in 2017
Powershop believes that every consumer has the right to know how much they're using and how much they're spending in terms of power. With that reason, Powershop grants everybody the power to choose between different types of power easily by introducing their product.

Relectrify

Grant in 2017
Relectrify specializes in advanced battery control solutions that enhance the longevity and cost-effectiveness of battery storage systems. The company’s technology includes cell-level battery management and inverter systems, which are applicable to various energy storage applications, including residential, industrial, and grid-based solutions. By utilizing both second-life and new batteries, Relectrify aims to make energy storage more affordable and sustainable. Their offerings encompass hardware electronics that manage power flows within battery packs, embedded software algorithms that optimize the operation of this hardware, and data analytics for performance monitoring. Through these innovations, Relectrify supports industries in achieving optimal battery performance and lifespan.

GreenSync

Grant in 2017
GreenSync is a global energy technology company that specializes in connecting energy resources to create dynamic and efficient energy grids. Its cloud-based platform leverages analytics and automation to enhance smart grid capabilities, including real-time monitoring and automated demand response. By understanding key grid congestion points, GreenSync facilitates peer-to-peer and micro markets, allowing businesses to buy, sell, and store energy more effectively. The company also offers rebates to customers to improve grid reliability, thereby transforming energy markets and enabling more efficient energy consumption on a global scale.

Ecoult

Venture Round in 2017
Ecoult specializes in advanced energy storage solutions that enhance reliability and efficiency for various applications, including wind and solar farms, grid ancillary services, and remote microgrid systems. The company utilizes its proprietary Ultrabattery technology, a novel class of advanced lead-acid battery, to effectively manage energy intermittencies, smooth power delivery, and shift energy as needed. Ecoult has demonstrated the successful implementation of this technology in large-scale systems for solar and wind applications, contributing to services such as energy shifting and frequency regulation. Additionally, Ecoult's offerings include comprehensive performance monitoring and support for battery recycling at the end of their lifecycle, aligning with its commitment to reducing emissions and promoting cleaner energy solutions. The company's aim is to ensure energy availability whenever and wherever it is required.

Ecoult

Grant in 2016
Ecoult specializes in advanced energy storage solutions that enhance reliability and efficiency for various applications, including wind and solar farms, grid ancillary services, and remote microgrid systems. The company utilizes its proprietary Ultrabattery technology, a novel class of advanced lead-acid battery, to effectively manage energy intermittencies, smooth power delivery, and shift energy as needed. Ecoult has demonstrated the successful implementation of this technology in large-scale systems for solar and wind applications, contributing to services such as energy shifting and frequency regulation. Additionally, Ecoult's offerings include comprehensive performance monitoring and support for battery recycling at the end of their lifecycle, aligning with its commitment to reducing emissions and promoting cleaner energy solutions. The company's aim is to ensure energy availability whenever and wherever it is required.

TransGrid

Grant in 2016
TransGrid operates and manages a high voltage electricity transmission network in New South Wales and the Australian Capital Territory. This network connects electricity generators, distributors, and large end users, serving as the backbone of the National Electricity Market. By facilitating energy trading between the east coast states of Australia, TransGrid enables access to cost-effective electricity for households and businesses. The company's infrastructure includes high voltage overhead transmission lines, underground cables, substations, interconnectors to Victoria and Queensland, and fibre telecommunications networks. Founded in 1950 and based in Sydney, TransGrid plays a crucial role in supporting the transition to a cleaner energy future while ensuring a reliable power supply for its customers.

Ergon Energy

Grant in 2015
Ergon Energy, as a Queensland Government Owned Corporation, operates as an electricity distributor, retailer and generator and services around 680,000 customers across its vast operating area of over one million square kilometres – 97% of the state of Queensland – from the expanding coastal and rural population centres to the remote communities of outback Queensland and the Torres Strait.

Ergon Energy

Grant in 2014
Ergon Energy, as a Queensland Government Owned Corporation, operates as an electricity distributor, retailer and generator and services around 680,000 customers across its vast operating area of over one million square kilometres – 97% of the state of Queensland – from the expanding coastal and rural population centres to the remote communities of outback Queensland and the Torres Strait.

Ecoult

Grant in 2013
Ecoult specializes in advanced energy storage solutions that enhance reliability and efficiency for various applications, including wind and solar farms, grid ancillary services, and remote microgrid systems. The company utilizes its proprietary Ultrabattery technology, a novel class of advanced lead-acid battery, to effectively manage energy intermittencies, smooth power delivery, and shift energy as needed. Ecoult has demonstrated the successful implementation of this technology in large-scale systems for solar and wind applications, contributing to services such as energy shifting and frequency regulation. Additionally, Ecoult's offerings include comprehensive performance monitoring and support for battery recycling at the end of their lifecycle, aligning with its commitment to reducing emissions and promoting cleaner energy solutions. The company's aim is to ensure energy availability whenever and wherever it is required.
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