Regen power achieves a growth rates of 50% to clinch itself a position in the prestigious AFR Fast 100 list.
Regen Power, Western Australia’s most popular renewable energy engineering company , is proud to be ranked amongst the Australian Financial Review Fast 100 companies in Australia. Regen is ranked at a position of 55 with an average growth of 50% over three years and a revenue of 17 million.. Fast entrant organisations must have started trading ON OR BEFORE 1 July 2015 and have a turnover greater than $500,000 for the financial year 2015–2016. This is the first time the organization has been recognized in this list.
Founded in 2003 by Professor Chem Nayar, Regen Power is an “icon of innovation” in renewable and sustainable energy technologies applied to residential, commercial and off-grid applications . Regen’s Managing Director, Nikhil Jayaraj, spearheaded the company’s 240% growth between 2015 to 2019 through innovations in all business processes .
Future looks promising for Regen as it is well positioned in all markets, whether it is residential, commercial, off-grid, or solar farm projects. The past three years witnessed around 50% increase in installations. Similar or better market availability can be expected over the next 3 – 5 years. Coming years, Regen target to maintain top retailer position in WA. With its over 25,000 client customer base and exclusive agreements with major suppliers, Regen is confident of capturing the future market
Over the years, Regen was involved in renewable energy projects in Australia, New Zealand, India, Vietnam, Malaysia ,and Singapore. Regen is a world leader in remote microgrid technologies – having won product and technology award by the Australian Sustainable Energy Industry Association. The company has also been actively involved in research and development projects in collaboration with Curtin University, University of Western Australia, and the University of Tasmania. The company is also involved in a capacity building program supported by educational institutions in East Java and the Western Australian government to improve the skills of local labour in solar power installations.
Being ranked in the AFR 100 list is a major milestone for Regen. This success is attributed to our sincere and dedicated staff who worked hard to ensure that our customers are supported in the sales, installation and after-sales support. We also thank our suppliers and the subcontractors for their whole hearted support .We thank AFR for the opportunity of nomination to AFR 100 in 2020.
The other recent milestones of company include Rising Stars 2019 winner, Belmont & WA Small Business Awards 2019, CV Magazine Energy Innovator 2019, ATC 2019 semi finalist. More details cane be seen here.