Chevron takes a punt on solar-plus-storage tech

Australia’s RayGen promises more powerful and efficient long duration solar storage solution

Baseload dispatchable renewable power is the Holy Grail of the energy transition. An Australian technology company promising to deliver it has lured big-hitters such as US oil supermajor Chevron and oilfield services giant Schlumberger into its latest funding round. The addition of other strategic partners also bodes well for commercialisation and rollo…