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 Wind Energy

MGA Thermal

Series B in 2024
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.

MGA Thermal

Grant in 2024
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.

Intellihub

Grant in 2023
Intellihub is a digital energy management company serving energy retailers, energy providers, embedded network operators, and commercial and industrial sectors across Australia and New Zealand. It offers smart energy devices and services, including electricity metering, hot water metering, water metering, solar battery bundles, pool energy management, and virtual power plants, enabling clients to optimize energy use and transition to sustainable energy.

AGL Energy

Grant in 2023
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

AGL Energy

Grant in 2022
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

Intellihub

Grant in 2022
Intellihub is a digital energy management company serving energy retailers, energy providers, embedded network operators, and commercial and industrial sectors across Australia and New Zealand. It offers smart energy devices and services, including electricity metering, hot water metering, water metering, solar battery bundles, pool energy management, and virtual power plants, enabling clients to optimize energy use and transition to sustainable energy.

MGA Thermal

Grant in 2022
MGA Thermal specializes in developing novel materials and technologies for thermal energy storage. Their solutions aim to enhance electrical grid stability, residential/commercial heating, industrial processes, waste heat recovery, and electric vehicle charging. The company's primary focus is enabling intermittent renewable energy sources like solar and wind to provide reliable base load electricity.

AGL Energy

Grant in 2022
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

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.

Diffuse Energy

Grant in 2020
Founded in Australia in 2018, Diffuse Energy specializes in manufacturing innovative small wind turbines. These turbines are designed for diverse industries such as telecommunications, agriculture, mining, and remote communities, offering efficient energy solutions alongside existing technologies like solar PV and battery storage.

AGL Energy

Grant in 2020
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

Neoen

Grant in 2019
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

Fulcrum3D

Grant in 2019
Fulcrum3D specializes in remote sensing, forecasting, data capture, reporting, wind, solar, and environmental measurement services.

Proa

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

Windlab

Grant in 2019
Windlab is a wind energy development company focused on the creation, construction, and operation of clean energy projects globally. The company utilizes advanced atmospheric modeling and wind energy assessment technology to identify and develop viable wind energy sites. Windlab is committed to renewable energy project development and management, ensuring sustainable utilization of the world’s clean energy resources. Through its efforts, the company aims to provide benefits not only to its investors but also to the wider community by promoting clean energy solutions.

Meridian Energy

Grant in 2019
Meridian Energy is a New Zealand-based power company that generates and retails electricity primarily through renewable sources such as hydro, wind, and solar. It serves residential, business, and industrial customers under the Meridian and Powershop brands.

Vestas

Grant in 2019
Vestas is a global leader in sustainable energy, specializing in the design, manufacture, installation, and servicing of wind turbines. With a commitment to enhancing the role of wind power in the energy mix, Vestas has installed over 38,000 wind turbines across 63 countries on five continents, averaging one installation every three hours. The company emphasizes the importance of wind energy in addressing rising energy consumption while minimizing greenhouse gas emissions and pollution. Vestas envisions a future where wind power significantly contributes to global electricity production, aiming for a substantial increase beyond the anticipated 10% by 2020. Through its dedicated focus on wind energy, Vestas is not only fostering local job creation but also promoting the sustainable electrification of societies worldwide.

EnergyAustralia

Grant in 2018
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.

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.

EnergyAustralia

Grant in 2018
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.

AGL Energy

Grant in 2017
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

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.

Windlab

Grant in 2017
Windlab is a wind energy development company focused on the creation, construction, and operation of clean energy projects globally. The company utilizes advanced atmospheric modeling and wind energy assessment technology to identify and develop viable wind energy sites. Windlab is committed to renewable energy project development and management, ensuring sustainable utilization of the world’s clean energy resources. Through its efforts, the company aims to provide benefits not only to its investors but also to the wider community by promoting clean energy solutions.

Hornsdale Wind Farm

Grant in 2017
Hornsdale Wind Farm is a wind energy operator based in Canberra, Australia. It develops and operates a wind farm that generates renewable electricity for local use and exports power to the national grid.

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.

EnergyAustralia

Grant in 2017
A leading Australian energy provider, EnergyAustralia offers competitive electricity, gas, and solar services for residential and business customers. The company generates power from coal, gas, and renewable sources, and promotes sustainability through innovative products like solar bundles and carbon-neutral options.

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.

AGL Energy

Grant in 2017
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

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 renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

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.

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.

Bombora wave power

Grant in 2015
Bombora is an ocean energy company founded in 2012 in Perth, Western Australia, with established operations in Pembrokeshire, Wales. The company specializes in wave energy conversion technology through its patented mWave system, which harnesses wave energy to generate clean, renewable electricity. Bombora's technology utilizes pumped air to optimize energy extraction from various wave conditions, making it suitable for commercial-scale energy needs in coastal regions globally. By providing consistent and cost-competitive energy, Bombora aims to contribute positively to environmental sustainability and community well-being.

Fulcrum3D

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

Neoen

Grant in 2015
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

BioPower Systems

Grant in 2015
BioPower Systems is a renewable energy company specialising in harnessing power from ocean waves for utility-scale clean energy generation. They design and operate multi-unit wave energy farms connected to onshore distribution grids, employing lightweight, durable technology that can withstand varied marine conditions.

AGL Energy

Grant in 2014
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

EDL

Grant in 2014
EDL provides sustainable energy solutions and electricity generation through renewable energy, remote energy & waste coal mine gas.

Ocean Power Technologies (OPT)

Grant in 2014
Ocean Power Technologies, Inc. is a leader in developing systems that convert ocean wave energy into electricity. The company operates primarily in North and South America, Europe, and Asia, offering various products, including the PB3 PowerBuoy system, which generates power independently of the electric grid for use in remote offshore locations. Their product line includes both utility and autonomous PowerBuoy systems, as well as hybrid PowerBuoy products and subsea battery systems. Additionally, the company provides services such as electric power generation, real-time data communications, and marine installation for sectors like offshore oil and gas, defense and security, science and research, and communication. Founded in 1984 and headquartered in Monroe Township, New Jersey, Ocean Power Technologies targets public and private entities that require reliable remote power solutions.

AGL Energy

Grant in 2014
AGL Energy is a major Australian energy company involved in retail electricity and gas, power generation, and an upstream gas portfolio. It operates a diversified generation portfolio that includes coal-fired baseload plants as well as renewable sources such as hydro, wind, biomass and landfill gas, and it is a leading owner, operator and developer of renewable energy assets in Australia. The company serves more than four million retail energy accounts, comprising a large customer base across electricity and gas. Its generation business is underpinned by low-cost coal-fired capacity, contributing to profitability alongside its renewable and other generation assets. Founded in 1837, AGL Energy is the oldest company listed on the Australian Securities Exchange and ranks among Australia’s largest energy retailers and generators, with a portfolio spanning base-load, intermediate and peaking generation across traditional and renewable technologies. AGL pursues a sustainable energy future for investors, communities and customers.

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.
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