How to Apply for Funding
Renewable Energy Venture Capital (REVC) Fund Program Guidelines
ARENA’s Renewable Energy Venture Capital Fund Program fosters skills and management capability. It encourages investment in innovative Australian renewable energy companies to strengthen their chance of success.
The fund provided 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.
The fund was open for new investments between January 1 2012 – December 31 2019.
About REVC
The Southern Cross Renewable Energy Fund was established under the Renewable Energy Venture Capital Fund. Up to $120 million fund is managed by Southern Cross Venture Partners.
ARENA recommends that potential Venture Capital Fund applicants should contact Southern Cross Venture Partners to discuss opportunities.
Investments
Investment | Company | Investment | Status |
| Commercialisation of high-performance anti-reflective coatings to be applied to solar panels to make them more efficient | Brisbane Materials Holdings Inc | $3,833,266 | Wound-up |
| Commercialisation of a hydrogen storage technology which will enable a new renewable energy storage solution | Hydrexia Pty Ltd | $10,481,644 | Active |
| Deployment of solar integration system into the Australian market | Sunverge Energy | $18,096,316 | 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/iON | $7,317,494 | 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 | $5,438,454 | Exited |
| Provision of software solutions to Distribution Systems Operators at the utility scale and microgrid | Greensync Holdings Pty Ltd | $5,200,000 | Active |
| Development of an energy measurement technology that helps better manage energy use and costs. | Energy Saving Networks (Wattwatchers) | $2,000,000 | Active |
| Development of intellectual property, knowledge and experience for manufacturing a cost effective, reliable and environmentally friendly sodium-ion battery. | BenAn Energy | $8,629,050 | Active |
| Development of an innovative glass-free lightweight flexible solar panel called eArche which can be fitted on any surface including curved surfaces. | Sunman Energy Co Ltd | $13,446,740 | Active |
