Government · 39 deals
Every published round ARENA took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies ARENA has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| MGA Thermal | Developer of Miscibility Gaps Alloy blocks for industrial thermal energy storage | 2023, Grant | 2 | 2 |
| SunDrive | Nov 2020, Grant | 4 | 2 | |
| Vast Solar | 2012, Grant | 4 | 2 | |
| Amber Electric | Energy retailer offering flexible, market-driven household energy plans | 1 Jun 2026, Grant | 1 | 1 |
| AMSL Aero | 8 Nov 2023, Grant | 1 | 1 | |
| Copenhagen Infrastructure Partners | Developer of the 1,500 MW Murchison green hydrogen project in Western Australia | 2024, Grant | 1 | 1 |
| Element Zero | Perth green iron company | 2 Sep 2026, Grant | 1 | 1 |
| Elexsys Energy | 4 Feb 2022, Grant | 1 | 1 | |
| G&K O'Connor | 27 Jun 2024, Grant | 1 | 1 | |
| HAMR Energy | Converts plantation forestry residues into low-carbon methanol fuels for aviation and shi… | 22 Jul 2026, Grant | 1 | 1 |
| Hydrostor | 28 Sep 2023, Grant | 1 | 1 | |
| Linfox | 8 Nov 2024, Grant | 1 | 1 | |
| Orica | World’s largest provider of commercial explosives and blasting systems | 2025, Grant | 1 | 1 |
| Tindo Solar | Australia's only domestic solar panel maker, scaling up production at Mawson Lakes | 6 Aug 2025, Grant | 1 | 1 |
| Toll | Logistics company formerly led by Paul Little | 8 Nov 2024, Grant | 1 | 1 |
| Calix | New South Wales based environmental technology company | 24 Jul 2025, Grant | 1 | 0 |
| ElectraLith | Developer of a novel electrochemical direct lithium extraction technology producing batte… | 10 Aug 2026, Grant | 1 | 0 |
| Gega Elements | Develops low-carbon extraction of gallium and germanium from industrial waste streams | 29 Aug 2026, Grant | 1 | 0 |
| Horizon Power | 25 Mar 2024, Grant | 1 | 0 | |
| HydGene Renewables | 9 Mar 2026, Grant | 1 | 0 | |
| Pooled Energy | 2018, Grant | 1 | 0 | |
| RayGen | Builds large-scale solar and thermal storage infrastructure | 2024, Grant | 3 | 0 |
| RayGen Resources | 31 Aug 2023, Grant | 1 | 0 | |
| Solquartz | Running a feasibility study into 100,000 tpa solar-grade polysilicon production near Town… | 6 Aug 2025, Grant | 1 | 0 |
| Stellar PV | Company planning a 2 GW ingot pulling and wafering facility for solar silicon wafers near… | 2025, Grant | 1 | 0 |
| Sunman Group | Maker of lightweight flexible eArc solar panels, building the Hunter Valley Solar Foundry | 2 Dec 2025, Grant | 1 | 0 |
| United Energy | 3 May 2024, Grant | 1 | 0 | |
| Vast | Feb 2023, Grant | 1 | 0 | |
| Vast Renewables | Australian concentrated solar thermal and renewable fuels company | 2023, Grant | 1 | 0 |
| VSPC | Maker of LFP and LMFP powders for battery cathodes, building a demonstration factory in B… | Feb 2025, Grant | 1 | 0 |
Fund closes reported for ARENA, as distinct from the investments it has made.
Companies ARENA has backed that another company then bought. An exit for the holding, not a deal ARENA did.
Stories naming ARENA. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
The CEFC recounts a decade of project financing behind Australia's landmark grid batteries — DeGrussa, Hornsdale, Victorian Big Battery and Capital Battery — showing how early public capital helped storage reach mainstream markets.
ARENA has conditionally awarded HAMR Energy $32 million toward engineering design for a plant turning forestry residues in Victoria and South Australia into methanol-based jet fuel and other low-carbon products.
Also Dealroom·Startup Daily
Wildfire Energy receives an 18.56 million dollar Queensland government grant for its Bulwer Island Biofuels Hub, with the article recalling earlier ARENA funding and a Climate Tech Partners investment.
ARENA grants five industrial decarbonisation projects a combined $13 million, spanning brewery electrification, low-carbon laundry, pharmaceutical manufacturing, aluminium extrusion and biochar production, as a new round of its transformation stream opens.
ARENA announced grant funding of up to $5 million for Queensland startup Banksia Minerals to develop its electrochemical copper processing technology, moving the pilot from laboratory work toward field demonstration.
ARENA awarded Luminous $4.9 million under its Solar ScaleUp Challenge to deploy its LUMI robot fleet at two Australian solar farms operated by Neoen and Engie.
ARENA awards United Energy $3.54 million toward an $8 million Victorian trial of demand flexibility, covering hot-water control and dynamic solar export limits across three distribution networks, finishing in 2026.
Also RenewEconomy
Sunman Group wins $171 million in federal and NSW funding for a Hunter Valley solar panel factory; earlier grants to Tindo Solar, Stellar PV, Solquartz and SunDrive are also recalled.
Climate Salad's report says Australia's climate tech sector has passed 7,000 workers across 730 startups and drew $680 million in venture capital; Sea Forest's ASX debut and fund commitments point to investor appetite.
Evie's own announcement says the EV charging firm has closed a 50 million dollar debt facility, which it bills as an Australian first, and reflects on shifting from venture to infrastructure funding.
Australia's only solar module maker, Tindo Solar, has received a $34.5 million ARENA award under the federal Solar Sunshot Program, supporting automation, a broader module range and lower prices.
Also RenewEconomy·RenewEconomy·@AuManufacturing·RenewEconomy·RenewEconomy
FRV has secured financing for its Gnarwarre battery in Victoria, adding two financiers to last year's portfolio-wide refinancing; the article also recalls the Terang close and a 2022 ARENA grant.
The clean energy funder conditionally awarded Orica's Hunter Valley hydrogen hub as much as $432 million under its Hydrogen Headstart program, following CIP's Murchison Green Hydrogen Project's earlier $814 million grant.
Sydney wind-measurement firm Fulcrum3D has been granted Arena funding to build a 200m-plus validation mast in Victoria, the southern hemisphere's tallest, with DNV's Australian arm among its first industry users.
Australian solar firm SunDrive has signed a JDA with Chinese equipment makers Maxwell Technologies and Vistar, adding to partnerships with Trina Solar and AGL and an earlier Arena grant.
MGA Thermal has its 5 MWh Tomago pilot plant working again after an 18-month fix, and is seeking significant new capital to scale up production.
Solar storage firm RayGen has wrapped up a $127 million Series D a year after it began, with SLB leading and Breakthrough Victoria, ARENA and energy companies among the backers.
Also RenewEconomy·SmartCompany·Startup Daily·Forbes Australia
VSPC, Livium's battery subsidiary, wins a $30 million ARENA grant toward a cathode powder demonstration plant; the piece also recalls funding for AnteoTech, Li-S, Novonix and Energy Storage Industries, plus Redflow's administration.
Also RenewEconomy·RenewEconomy
Solar pioneer Zhengrong Shi intends a Newcastle factory for frameless lightweight panels via Sunman's Energus subsidiary, eyeing federal programs; CEFC, Southern Cross Venture Partners and Softbank China are recalled as backers.
Manufacturing roundup: Monash shares 3D-printing guidelines for blind students; MGA Thermal gains syndicate investment atop ARENA funding; UniSA touts a natural obesity treatment; Sparc Technologies signs an MoU with CLP Group.
A federal opposition senator attacks Labor's solar manufacturing program and SunDrive, which has cut staff and changed CEO while pursuing partnerships with AGL and Trina Solar to localise panel production.
Queensland smart-grid company Elexsys Energy, trading as Planet Ark Power, won federal and state grants and partial Series B backing before being wound up on a tax office application.
FRV Australia proceeds with its Terang battery in Victoria after a $1.2 billion portfolio refinancing; the piece also recalls a state grant and the 2021 project purchase from Ace Energy.
Also RenewEconomy
Two Australian red meat processors, G&K O'Connor and Bindaree Food Group, have been awarded government grants under ARENA's industrial decarbonisation program, funding feasibility studies into renewable energy and waste-to-energy options at their plants.
ARENA grants nearly $1 million to Birdwood Energy's flexible demand report card project with ANU and the Energy Efficiency Council, plus $3.54 million to United Energy for grid flexibility trials.
RayGen has banked a $51 million Series D round backed by SLB and Breakthrough Victoria, and signed an expansion pact with SLB; ARENA previously granted it $10 million and $15 million.
University spinout Kotai Energy is developing a powdered hydrogen carrier for cheaper exports, and has secured an ARENA grant plus funding from Velox Energy Materials and Curtin University.
French energy company EDF has committed €10 million to back Vast Renewables' concentrated solar plans across Australia, adding to earlier government grants for its plants and an agreed-but-unclosed Nasdaq listing deal with Nabors' SPAC.
Also RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy
A profile of PowerTec, the battery-systems company Michael Jansen founded in 2014, covering its grid projects, an award-winning trial, ARENA-backed work, and ambitions in a market it values at hundreds of millions.
Vast has brought in CYD to begin early engineering on its VS1 solar thermal project in Port Augusta, simulating the storage tanks digitally; the piece also recaps earlier ARENA backing.
Yadlamalka Energy's South Australian solar and vanadium battery project has finished civil works and started commissioning, with grid supply expected from August; the piece also explains flow battery chemistry and ARENA's funding role.
Two small electricity retailers, Mojo Power and QEnergy, have been wound up by a Queensland court and suspended from the national market, with regulators transferring thousands of their customers to other providers.
Also RenewEconomy
Hepburn Energy, behind Australia's first community-owned wind farm, has won a federal grant of as much as $500,000 toward a battery at its Victorian site, with Yarra Energy Foundation recently funded under the program.
Queensland's CQ-H2 hydrogen hub advances with $117 million in new funding from ARENA, the state government and consortium partners, while Singapore's Keppel joins the consortium to pursue a Gladstone ammonia facility with Incitec Pivot.
NBN Co is testing small wind turbines from a Newcastle university spinout to keep remote sites powered in emergencies; the maker earlier received an ARENA grant for similar trials.
Refurbished Dutch turbines have reached Advanced Energy Resources' Moora microgrid project in WA; the piece also recalls the Port Gregory microgrid, which received ARENA support and a $1.8m state government grant.