Breakthrough Victoria is investing $20 million in Victorian company RayGen Resources, with the investment designed to enable the State’s transition towards clean sources of energy.
Energy and telecommunications customer services provider AGL and Australian energy technology group RayGen have joined forces to begin construction of a $27 million concentrated solar and thermal storage project.
Melbourne based renewable energy startup RayGen has been allocated $3 million in funding by the Australian Renewable Agency (ARENA) to conduct a technical and commercial feasibility study for a 4 MW “solar hydro” power plant to be built in north-western Victoria.
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