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The power of concentration AusTech competition 16 September 2014 Mining the Sun.

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Presentation on theme: "The power of concentration AusTech competition 16 September 2014 Mining the Sun."— Presentation transcript:

1 The power of concentration AusTech competition 16 September 2014 Mining the Sun

2 “Energy Conversion Chain to Energy Power Matrix” © Siemens Ltd Australia, reproduced with permission Mega-trends decentralisation, self-generation, sustainability

3 Energy security a major challenge RayGen provides advanced solar technology so that customers get energy independence

4 Market Opportunity Solar market $100B with 30% p.a. growth ✓ But a rounding error in global power RayGen beats fossil fuels with a model that scales to meet staggering demand

5 Better Large-Scale Solar The best of CSP and PV ✓ more energy at lower cost Scalable ✓ designed for local manufacturing ✓ 95% less mfg capital Team previously invested $300M+ developing CPV

6 Business Model RayGen sells the high tech receiver plus the software ✓ <1% of mass Partners manufacture the bulk of the product to distribute exclusively within local their markets

7 Progress Report Strategic Partner in China signed in April for $60M Building large scale pilot in Vic now 23.4MW sales pipeline with 11.2MW confirmed $5M turnover this year Profitable next year with ~$16M turnover Total of $10M in capital secured from all sources 20 employees and growing at ~1 per month

8 Made in Australia and sold in China!


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