The Clean Energy Innovation Fund is the largest dedicated Australian investor of its kind. It was created as a specialist financier to invest $200 million in early-stage clean energy companies.
The Fund targets technologies and businesses that have passed beyond the research and development stage and which can benefit from early stage seed or growth capital to help them progress to the next stage of their development.
It draws on CEFC finance to provide primarily equity finance to innovative clean energy projects and businesses which involve renewable, energy efficiency and low emissions technologies.
The Innovation Fund has made a substantial impact in a short period, with investments that demonstrate the potential for innovative companies to capitalise on the new business opportunities emerging from our clean energy transition. The Innovation Fund operates with the assistance of ARENA.
Award-winning Australian manufacturer Omni Tanker Holdings, which produces innovative carbon fibre tank containers, is expanding its business to meet international shipping demand.
The Wattwatchers devices and data streams, combined with software tools and analytics, allow rooftop solar generation, grid power and overall household and business consumption to be managed remotely through the cloud.
Relectrify’s ground-breaking control technology increases the lifetime and decreases the cost of battery storage systems. Suitable for both new and used batteries, the technology enhances storage solutions across homes, industry and the power grid.
The Zen Ecosystems intelligent energy management solutions could save Australian businesses up to 25 per cent on their energy use industry-leading levels of energy efficiency.