RayGen’s vision is to accelerate the global transition to renewable energy with RayGen as the technology provider of choice and to establish RayGen as the worldwide leader of enduring solar infrastructure projects that provide electricity, heat, cooling and desalinated water all day and night.

RayGen’s Solar Power Plant is not the only electro-thermal energy storage (ETES) technology – what makes us different is our method of generation.

Our unique PV Ultra technology makes cost effective solar power-plus-storage possible. It co-generates electricity and heat, feeding energy from sunlight into our electro-thermal storage cycle at an energy efficiency nearly 90% (one-third electricity and two-thirds heat).

Then, with PV Ultra’s by-product heat, we achieve an electrical round-trip efficiency of 70%. This is an energy efficiency that no other electro-thermal energy storage system has been able to achieve. Our Solar Power Plant has the energy efficiency of pumped hydro energy storage 1km high, with fewer constraints, lower cost, and lower risk.

With the Solar Power Plant’s unique cost position and scalability, RayGen can play a globally significant role in the transition toward 100 per cent renewable generation.


Executive Team

Richard Payne

Chief Executive Officer

B.Eng (Chemical), MIEAust CPEng

Richard has 20 years’ global experience commercialising high tech R&D products, including solar PV and fuel cells. Richard is highly skilled at managing fast-paced, multi-disciplinary teams across engineering, manufacturing, supply chain development and project execution.

Sean Baker

Chief Operating Officer

B.Sc, B.Eng (Mechanical)

Sean has held engineering management and systems engineering roles at global engineering companies, including Lockheed Martin. He brings to the table a wealth of experience at managing complex, multi-disciplinary design.

Brendt Henricus

Chief Financial Officer / Company Secretary

B.Comm, CPA

Brendt has led finance teams in public and private companies across a variety of sectors in regions including Australia, Middle East, Africa, Asia and UK.

Will Mosley

Chief Commercial Officer

B.Eng (Mechanical)

Will worked with senior executives on strategy, transformation and cost reduction at McKinsey & Company, bringing technical and commercial nous to the business development role at RayGen.

Zhen Mu

Business Director, Asia

M.Sc (Power electronics), B.Sc

Zhen is experienced in developing and delivering solar projects in Australia and China. Zhen is responsible for business development, supply chain management and investor relations in Asia.

Board of Directors

Dr John Lasich

B.Sc, PhD

John has 30 years’ experience in the solar sector creating breakthrough technologies as well as designing, building and operating utility-scale photovoltaic power stations

David Sutton

B.Eng (Hons)

David was the founder and director of Proteus EPCM Engineers (acquired by Tetra Tech). David has decades of experience developing resource and infrastructure projects and expertise in health and safety management.

Leonie Walsh

BSc, MSc, MBA (Exec), GAICD, FTSE, Hon DUni (Swin)

Leonie is a Board Director and strategic adviser in technological innovation with over 30 years of local and international experience across a broad range of industries including advanced manufacturing, clean technologies, and renewable energy.

Fredrick Støa

BSc & MSc Management, degree in Russian

Fredrick has 17 years international experience from the energy sector from venture investments and commercial negotiations to large project developments, including management and board roles. Fredrick brings skills of strategic thinking, contextualising and attention to risk

Tsuyoshi Saito

Master of Engineering

Yoshi is a director of Schlumberger New Energy and has wide and deep experience in management leadership roles, corporate level R&D, Mfg, Technology Lifecycle Management, Quality, Supply chain and others throughout his 25 years of international experience working together with customers and partners.

Advisors to the Board

Jorn Hammer

B.Eng (Marine), MBA

Jorn has held several senior executive roles at Vestas Wind Systems. Jorn led the global commercial turnaround after the onset of the global financial crisis, driving a doubling of global order intake from $3 billion to $6 billion.


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