RayGen is an Australian technology company that specializes in utility-scale solar and long-duration energy storage technology. Founded in 2010, the company focuses on developing the world's lowest-cost, highest-efficiency solar technology and integrating it with electro-thermal energy storage solutions. RayGen aims to accelerate the transition to renewable energy by providing proven, reliable, and flexible renewable energy solutions for on-grid utilities and large industrial baseload.

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

Australian Renewable Energy Agency

Thanks to WORK180 for running the Gender Equity Leaders event today at Toyota Motor Corporation Australia and for inviting RayGen to be part of the discussion.  

A great session to collaborate with other organisations and share ideas and best practices around flexible working, career development and shared care.

RayGen is already a Work180 endorsed organisation but we are constantly looking at ways to improve our employer value proposition and make RayGen a great and equitable place to work.

#renewableenergy #melbournejobs #melbournebusiness

On Sunday 3rd December a team from RayGen will be running 5km in support of Beyond Blue.  

The Solar Powered Speedsters are hoping to collectively raise $1000 for this incredible organisation.  Did you know that over 3 million people in Australia experience depression or anxiety, and every day, around 8 - 9 people take their lives? As Australia’s most well-known and visited mental health organisation, Beyond Blue has worked with the community for over 20 years to improve mental health and prevent suicide, so that all people in Australia can achieve their best possible mental health.

We'd love you to help us reach our goal by sponsoring us using the link below.

#beyondblue #renewableenergy #melbournejobs 

RayGen is a WORK180 endorsed organisation.

https://lnkd.in/ggk255wQ

At RayGen, we're not just dreaming of a brighter future; we're actively engineering it.

The latest gender diversity data for women in STEM and engineering roles in Australia has opened our eyes to a crucial need for change. While strides have been made, the numbers are still staggeringly low. But we refuse to accept this situation.

RayGen is stepping up to the challenge with a bold commitment: We're setting the bar high by aiming for a 30% female workforce within the next 5 years. We're not just talking about it; we're making it happen!
 
We believe that a more diverse workforce is not just a nice-to-have; it's a must-have. Diversity fuels innovation, and we're ready to enable women to drive that innovation.

Stay tuned for more updates on our journey to making the 30% target a reality.  Join us in reshaping the future of STEM and engineering.

RayGen is a WORK180 endorsed organisation 

#WomenInSTEM #DiversityMatters #renewableenergy #melbournejobs

RayGen’s Business Development Lead Manuela Londoño Ferro joins a stella panel at All-Energy Australia to discuss the latest in long-duration energy storage (LDES). 
 
This panel will be an exciting cross-section of different approaches to bulk storage, including: 
Battery alternatives - 
RayGen
Hydrostor
And the latest in batteries -
battery revenue optimisation
grid-forming inverters
 
Manuela will introduce our new 50MWh project – the world’s largest next-gen LDES project, and the world’s highest-efficiency photovoltaic project – and offer her nuanced perspective on the growing market need for longer-duration storage.
 
Joining Manuela will be Energy Synapse’s Marija Petkovic, Hydrostor’s Jordan Cole, AECOM’s Mahesh Kandala and facilitated by Clean Energy Council’s Nicholas Aberle
 
More details here: : https://lnkd.in/eqfMiY8S
#AllEnergyAU

RayGen 2024 Graduate Program is now accepting applications.

If you are  an engineering graduate who wants to accelerate the global transition to renewable energy and work for a company that is reducing pollution and fighting climate change - go take a look at our website (where you can also apply).

You need to possess the following behavioural qualities and want to bring these to life in a supportive team:

Strive to Achieve
Learn Quickly
Take Responsibility
Generate New Ideas
Foster Team Cohesion: 
Work to High-Quality Standards

In return you will play a pivotal role in our dynamic and forward-thinking organisation.

Be quick though because applications close on the 30th October.

#melbournegraduates #graduateprogram #melbournejobs #renewableenergy #solarpowertechonology

https://lnkd.in/gERVvuru

RayGen - a WORK180 accredited organisation

Welcome to the RayGen team, Ali Ghasemi

Ali recently joined RayGen as one of our Manufacturing Process Operators;  helping set up and run the machinery required for scaled-up module production.

RayGen is an Australian technology company with world-leading breakthroughs in solar power technology and renewable energy storage. Our Vision is to accelerate the global transition to renewable energy with RayGen as the technology partner of choice.

If you want to know more about RayGen, please Follow us on LinkedIn as we will be posting our jobs here. 

RayGen

#solarenergy #renewableenergy #melbournebusiness

At RayGen, we cherish values like treating each other with empathy and respect.  We believe that these values extend to how we deal with emotions in the workplace.  So, instead of the usual well-being discussions, we decided to have some fun during our RU OK Day Lunch and Learn session, by playing Emotions Charades.

Emotions Charades might sound like a game night favourite, but it was so much more. It required our team to express different emotions without using any words or sounds. This playful exercise helped us explore emotional literacy and expression in an engaging way, reminding us that emotions are a natural part of being human.

But here's what we learned— describing and deciphering emotions is a complex and challenging task. As we tried to act out these emotions, it became apparent that understanding and expressing our feelings can sometimes be quite intricate. It reinforced the idea that knowing your own emotions is crucial. If you're not feeling good, taking some time to understand what emotions are showing up for you is essential. After all, you can't look after others unless you firstly look after yourself and your needs.
Our belief is that emotional literacy is a vital skill that strengthens our connections, builds trust, and makes us a more resilient team. And that's where the "RU OK?" question comes in. It's not just a polite phrase to use occasionally; it's a regular practice that promotes openness, vulnerability, and empathy.

In a nutshell, our RU OK Day event showcased our commitment to emotional well-being, in line with our values. We encourage you to adopt "RU OK?" as a regular part of your interactions in the workplace. By making emotional well-being a priority, you'll witness the positive transformation it brings to your team dynamics and overall success.

#ruokday2023 #ruokday #renewableenergy #melbournebusiness 

RayGen

On Monday RayGen became a Soldier On Australia Pledge Partner.  

What does this mean?  

We are joining other organisations by showing our commitment and support for veterans and their families in collaboration with the Soldier On Pathways Program by offering employment opportunities and support for ADF members who are transitioning out of the Service.

The Soldier On Pledge is a way for veterans and their families to easily recognise veteran-supportive organisations. Companies who sign The Pledge make a true commitment to supporting veterans and their families secure their future careers.

Our CEO Richard Payne and COO Sean Baker signed our Pledge to demonstrate our commitment to Soldier On.

#renewableenergy #careertransition #melbournejobs #renewableenergyjobs #manufacturingjobs #engineeringjobs

RayGen is the Victorian Cleantech Company of the Year!
 
RayGen Directors John Lasich and Leonie Walsh received the award yesterday on behalf of all of the team. 
 
In Victoria, RayGen is:
- operating the world’s largest next-generation long-duration energy storage project and highest efficiency utility-scale photovoltaic project (Carwarp, Victoria).
- commissioning Australia’s largest solar module manufacturing facility (Hawthorn East, Victoria). 
 
Congratulations to the other category winners, Onvol and Adiona, and thanks to Australian Technologies Competition for organising the event.

msh id	COM:RAYGEN
symbol	-
name	RayGen
homepage url	https://raygen.com
country	AU
sector	Energy
industry	Renewable Energy
market	PRIVATE
employee count	66
crunchbase url	https://www.crunchbase.com/organization/raygen-resources
linkedin url	https://www.linkedin.com/company/raygen
founders	-

market cap	-
enterprise value	-
stage	-
raised capital	-
valuation	-

monthly webtraffic	-
monthly webtraffic growth	-
growth score 14	49.03
growth score 28	10.1
growth score 90	10.49
growth score 365	86.79

revenue ltm	-
gross profit ltm	-
ebitda ltm	-
net income ltm	-
revenue ntm	-
gross profit ntm	-
ebitda ntm	-
net income ntm	-

growth cost and expenses	-
growth cost of revenue	-
growth depreciation and amortization	-
growth ebitda	-
growth ebitda ratio	-
growth eps	-
growth eps diluted	-
growth general and administrative expenses	-
growth gross profit	-
growth gross profit ratio	-

COM:RAYGEN

RayGen

Company Information

Market Metrics

Web & Growth Metrics

LTM & NTM Metrics

Growth & Performance Metrics

Operating Metrics

Balance Sheet Metrics

Financial Metrics (2022-2026)

cost and expenses	-
cost of revenue	-
depreciation and amortization	-
ebitda	-
ebitda ratio	-
eps	-
eps diluted	-
operating expenses	-
operating income	-
operating income ratio	-

accounts receivables	-
capital expenditure	-
cash at beginning of period	-
cash at end of period	-
inventory	-
working capital ttm	-

	2022	2023	2024	2025	2026
Revenue Metrics
Revenue	-	-	-	-	-
Revenue Growth	-	-	-	-	-
Revenue Multiple	-	-	-	-	-
Profit Metrics
Gross Profit	-	-	-	-	-
Gross Profit Growth	-	-	-	-	-
Gross Profit Multiple	-	-	-	-	-
EBITDA Metrics
EBITDA	-	-	-	-	-
EBITDA Growth	-	-	-	-	-
EBITDA Multiple	-	-	-	-	-
Net Income Metrics
Net Income	-	-	-	-	-
Net Income Growth	-	-	-	-	-
Net Income Multiple	-	-	-	-	-