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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

Website http://www.raygen.com
Revenue $46.4 million
Funding $29.6 million
Employees 86 (58 on RocketReach)
Founded 2010
Address 8 Cato St, Hawthorn East, Victoria 3123, AU
Phone +1 510-225-5178
Technologies
Industry Clean Energy, Energy Storage, Renewable Energy Semiconductor Manufacturing, Electricity, Oil & Gas, Battery, Alternative Energy Equipment, Remote Power, Energy, Utilities & Waste Treatment, Energy, Energy Production, Sustainability, Manufacturing, Renewable Energy, Solar, Natural Resources
Keywords Solar Power Generation, Solar Power, Renewable Energy Generation, Renewable Energy, Electricity Storage, Solar Energy Storage, Long Duration Energy Storage, Next Generation Solar, Solar Power Plants, Renewable Energy Solutions, Sustainable Energy, Clean Energy, Solar Technology, Energy Storage Systems, Green Energy, Solar Energy Technology, Renewable Energy Technology, Energy Storage Solutions, On Demand Energy, Low Cost Energy
Competitors Duke Energy Corporation, NextEra Energy, Inc., ENGIE, Gamesa, First Solar, Sun Power Corporation, Nextracker Inc., Abengoa, BrightSource Energy, Heliogen +29 more (view full list)
SIC SIC Code 491 Companies, SIC Code 49 Companies
NAICS NAICS Code 22 Companies, NAICS Code 221 Companies

RayGen Questions

The RayGen annual revenue was $46.4 million in 2026.

Richard Payne is the CEO of RayGen.

58 people are employed at RayGen.

RayGen is based in Hawthorn East, Victoria.

The NAICS codes for RayGen are [22, 221].

The SIC codes for RayGen are [491, 49].

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