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RayGen raises $127 million in Series D

Manufacturing NewsBy Staff Reporter April 14, 2025

Solar and hydro thermal energy startup RayGen Resources has announced the close of a Series D funding round worth $127 million, led by a follow-on investment from US oil and gas services company SLB. In a statement on Thursday, the company said the $31 million investment from SLB was in addition with the execution of…

Bosch to install automated heliostat line at RayGen’s facility by year’s end

Manufacturing NewsBy Staff Reporter June 20, 2024

Bosch Australia Manufacturing Solutions (BAMS) has announced that it is working with solar cell manufacturer and renewable energy project developer RayGen Resources to automate production. In a statement from Bosch on Thursday, it said the project was focussed on assembly of heliostats, which track the sun and focus its light. Assembly will be on a…