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RayGen announces major equity investor in Photon Energy

Melbourne solar Thermal Hydro tech company RayGen has announced a strategic partnership with global developer Photon Energy. The boost comes only weeks after added ARENA funding and signals a major push toward a solution to the problem of solar intermittency.

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ARENA boosts funding for RayGen’s “solar hydro” power plant

The Australian Government and the Australian Renewable Energy Agency (ARENA) are set to fund RayGen Resources Pty Ltd (RayGen) to the tune of $3 million toward a feasibility study for a 4 MW “solar hydro” power plant in north-western Victoria.

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