Renewable Energy Venture Capital Fund

ARENA’s Renewable Energy Venture Capital Fund Program was created to provide venture capital and active investment management to encourage the development of Australian companies that are commercialising renewable energy technologies.

The Southern Cross Renewable Energy Fund (Fund) established under the Program is a Co-investment between ARENA and Softbank China Venture Capital, with each providing half of the committed capital to the Fund. The Fund has committed capital of up to $120 million and is managed by private sector fund manager, Southern Cross Venture Partners Pty Ltd.

The Southern Cross Renewable Energy Fund provides management expertise and makes equity investments in early-stage renewable energy companies to help them overcome capital constraints, develop technologies, increase skills and forge international connections.

Renewable Energy Venture Capital Fund: Program Administrative Guidelines (PDF 194KB) | (DOCX 67KB)

Investments by the Southern Cross Renewable Energy Fund




Commercialisation of high-performance anti-reflective coatings to be applied to solar panels to make them more efficient Brisbane Materials Holdings Inc $3,500,014 Active
Commercialisation of a hydrogen storage technology which will enable a new renewable energy storage solution Hydrexia Pty Ltd $7,055,766 Active
Deployment of solar integration system into the Australian market Sunverge Energy $13,951,502 Active
Development of a new cost effective liquid battery technology to enable 24/7 renewable electricity Boulder Ionics $528,320 Exited
Development of a competitive cost position in PV manufacturing, sales and distribution in the Australian market UCT Australia $5,344,638 Exited
Development of advanced lithium-ion battery storage solutions for Australian and global markets Octillion Power Systems Australia $6,423,550 Active
Development of an innovative electricity retailing business model Mojo Power Holdings Pty Ltd $5,000,002 Active
Deployment into the Australian market of software for the design, integration and operation of network-connected energy storage and micro-grid systems Growing Energy Labs, Inc $4,071,808 Active

How to make an investment proposal to the Southern Cross Renewable Energy Fund

Southern Cross Venture Partners makes all investment decisions using its own investment criteria. For more information about the Southern Cross Renewable Energy Fund please contact:

Southern Cross Venture Partners
Mr Mark Bonnar
Phone: +61 2 8314 7400