The R&D Tax Incentive enables us to be able to employ very highly skilled individuals to develop our core technology which needs extensive R&D to prove itself out in a commercial environment.
— Richard Payne, CEO, RayGen Resources

Company profile

Company: RayGen Resources Pty Ltd

Sector: Manufacturing

Location: Melbourne, Victoria

Profile: RayGen Resources is a Melbourne-based business specialising in the design and development of new solar power technology. With support from the R&DTI, the company has developed mirror collector technology for the efficient capture of renewable energy. Coupled with long-duration storage, the company aims to accelerate the clean energy transition by providing low-cost renewable power on demand.

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