Energy Bay

What Energy Bay does

Energy Bay is an Australian distributed energy infrastructure platform founded in 2016 and headquartered in Sydney. The company designs, installs, owns, operates and maintains behind-the-meter energy infrastructure — rooftop and ground-mount solar PV, battery energy storage systems (BESS) and embedded private electricity networks — at commercial, industrial, mixed-use and residential strata property precincts across NSW, VIC, QLD, WA and ACT. As of January 2026, Energy Bay reports 59 operational embedded networks, 35,000 electricity meters, 105 MWp of solar PV operational and under construction, 42 MVA of BESS operational and under construction, and 175 GWh of embedded network load.

The business operates three core product lines: Embedded Networks (private multi-tenant private electricity systems under a parent/child meter architecture), Power Purchase Agreements (on-site or ground-mount renewable systems delivered with no upfront capital to the customer), and Community Energy Networks (shared infrastructure for residential and strata customers, including EV charging and hot water metering). Vertical integration is delivered through wholly owned subsidiaries Diamond Energy (an accredited electricity retailer participating in the national GreenPower program) and QuadSol (solar and battery design, installation and maintenance), supplemented by capabilities in Virtual Power Plants, demand management and a customer self-service portal.

Energy Bay monetises through managed-services revenue on embedded network distribution, transaction-fee and recurring PPAs/ESAs on on-site generation, subscription-style community network charges, electricity retail margin via Diamond Energy, and roof-space licensing income. Customers are largely enterprise and institutional property owners, developers and large energy users, with public logos including Stockland (flagship 50+ building, 30-year roof licence), ESR (Moorebank Logistics Park, up to 60 MW solar / 150 MWh BESS), McCain Foods, CSIRO/NASA, ICC Sydney, Elanor and Birtinya. In November 2025, the company secured a A$215 million senior debt facility from CBA, Westpac and SMBC to accelerate deployment toward more than 350 MW of distributed energy infrastructure. The company is privately held and founder-led by CEO James Doyle.

Name

Energy Bay

Legal name

Energy Bay Group Pty Ltd

Website

https://energybay.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Energy Bay is a Sydney-based distributed energy infrastructure platform that designs, installs, owns and operates behind-the-meter solar PV, battery storage and embedded private electricity networks for Australian commercial, industrial and mixed-use property owners and large enterprises.

Ownership category

akta.pro rank

Product category

Distributed Energy Infrastructure Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Microgrid Development, EPC & Integration (EUAMAJAB)

akta.pro secondary industries

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Demand Response & Load Flexibility Services (EUAMAJAF)

Keywords

• Embedded energy networks
• Rooftop solar systems
• Battery energy storage
• Power purchase agreements
• Distributed energy infrastructure

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D

Revenue model

1. Embedded Network Management: Energy Bay designs, installs, owns, operates and maintains embedded networks at property precincts. Revenue is generated through energy distribution services to multiple tenants/customers within private networks, with bulk purchasing advantages passed on as cost savings.
2. Power Purchase Agreements (PPAs): On-site renewable energy infrastructure (rooftop solar, ground-mount solar, hybrid solar-plus-battery) installed, owned and operated at customer sites. Revenue generated through direct-to-generator PPAs or whole-of-load electricity supply agreements (ESAs) providing low-cost electricity.
3. Community Energy Networks: Private energy networks for residential customers and strata developments, enabling installation of shared energy infrastructure including solar PV, battery storage, EV charging, and hot water metering. Revenue from residential energy distribution.
4. Electricity Retail (Diamond Energy): Wholly owned electricity retail company providing energy solutions for Australian businesses and households, including GreenPower products for embedded network customers.
5. Infrastructure Investment and Licensing: Revenue from licensing roof space from property owners for 30-year periods, upfront payments for existing solar panels, and recurring income from energy infrastructure licensing. Energy Bay purchases existing solar infrastructure and installs additional solar panels.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Energy Bay designs, installs, owns, operates and maintains distributed energy infrastructure including private embedded electricity networks, rooftop and ground-mount solar PV systems, and battery energy storage systems co-located at commercial, industrial, and mixed-use real estate precincts across Australia. The company delivers three core product lines — Embedded Networks for multi-tenant properties, Power Purchase Agreements for on-site renewable supply, and Community Energy Networks for residential strata — through wholly-owned subsidiaries Diamond Energy (electricity retail) and QuadSol (solar and battery installation).

Product overview

Energy Bay operates as a distributed energy infrastructure platform offering three core product lines: Embedded Networks (private electricity systems for multi-tenant properties), Power Purchase Agreements (on-site renewable energy infrastructure), and Community Energy Networks (residential/strata energy solutions). These are supported by technology components including rooftop and ground-mount solar systems, battery energy storage, EV charging, virtual power plants, and demand management. The platform also includes a GreenPower renewable energy add-on available to embedded network customers, delivered through the wholly owned Diamond Energy retail brand. Customers access services through a digital portal for account management and billing.

Differentiator

Problem solved

Functional benefit

Products and services

• Embedded Networks Private electricity systems that supply multiple 'child' or 'off-market' meters through a shared 'parent' or 'market' meter connected to the main grid, enabling on-site solar integration, reduced grid dependence, and multi-tenant energy distribution for commercial, industrial and mixed-use property owners.
• Power Purchase Agreements (PPAs) On-site renewable energy infrastructure (rooftop solar, ground-mount solar, or hybrid solar-plus-battery systems) co-located with businesses, delivering reliable, low-cost electricity. Energy Bay designs, installs, owns, operates and maintains the infrastructure under direct-to-generator PPAs or whole-of-load electricity supply agreements.
• Community Energy Networks Private energy networks for residential customers and strata developments, enabling seamless integration of shared energy infrastructure including solar PV, battery storage, EV charging, and hot water metering.
• Diamond Energy Electricity Retail Wholly-owned electricity retail company within the Energy Bay Group providing energy solutions for Australian businesses and households, and an approved GreenPower accredited provider enabling embedded network customers to participate in the national GreenPower program.

Quantifiable outcome

• 175GWh load managed across 59 embedded networks
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• StocklandflagshipStrategic or Co-development Partner · 6 December 2023Market-leading partnership to manage energy across Stockland's property portfolio of 50+ buildings with 50MWp solar. Includes inter-asset energy trading allowing renewable energy from logistics assets to offset commercial building consumption. Energy Bay licenses roof space for 30 years and purchases energy for 15 years. Supports Stockland's net zero scope 2 emissions target by 2025 and estimated 50,000 tonnes CO2 reduction annually.
• Clean Energy Finance Corporation (CEFC)coreStrategic or Co-development Partner · 6 December 2023CEFC has been working with Stockland since 2019 to accelerate net zero ambitions. CEFC supported Stockland's partnership with Energy Bay, providing financing support for the innovative energy sharing scheme that enables inter-asset renewable energy trading.
• ESR (Moorebank Logistics Park)coreStrategic or Co-development Partner · 6 December 2023Partnership with ESR to deliver up to 60MW of rooftop solar and up to 150MWh of battery storage at Moorebank Logistics Park - one of Australia's largest embedded network precincts under construction.
• Diamond EnergycoreTechnology or Integration · 1 January 2021Acquired renewable energy generation and electricity retail company Diamond Energy (ACN 107 516 334), a fully integrated electricity retail company providing GreenPower accredited products to Energy Bay's embedded network customers.
• QuadSolcoreTechnology or Integration · 1 January 2021Acquired Sydney-based solar and energy battery designer, installer, and maintainer QuadSol (ACN 620 838 119), strengthening in-house capabilities for distributed energy infrastructure deployment.
• Real Asset ManagementcoreStrategic or Co-development Partner · 1 January 2016Major early deal leasing nine suburban shopping centre rooftops from Real Asset Management to install and operate solar PV. One of Energy Bay's largest deals at establishment, demonstrating deal-sourcing capabilities with property owners.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Flow Power: Australian B2B renewable energy and electricity retailer specialising in commercial and industrial PPAs and embedded behind-the-meter solar — directly comparable offering to Energy Bay's PPA and embedded network proposition for C&I customers.
• ShineHub: Australian distributed energy platform operating community solar and virtual power plants for residential developments and strata — overlapping with Energy Bay's Community Energy Networks product line for multi-dwelling properties.

Broad incumbents

• AGL Energy: Australia's largest listed energy retailer and one of the country's largest generation portfolios, including behind-the-meter and embedded network offerings — a broad incumbent that overlaps with Energy Bay's retail and distributed generation segments across multiple customer segments.
• Origin Energy: Major Australian integrated energy retailer and renewable generator serving residential, commercial, and industrial customers, including on-site solar and battery solutions — overlaps with Energy Bay's embedded network and retail services but as part of a much broader portfolio.
• EnergyAustralia: Large Australian energy retailer and generator (CLP Group subsidiary) serving commercial and residential customers with both grid supply and behind-the-meter offerings — competes broadly with Energy Bay's distributed energy and electricity retail activities.
• Iberdrola Australia: Australian arm of global utility Iberdrola, focused on large-scale renewable generation and increasingly behind-the-meter solutions — comparable in scale ambitions and end-customers, though sits further upstream than Energy Bay's embedded-network specialisation.
• Engie Australia: Australian subsidiary of global utility ENGIE, with renewable generation, retail and distributed energy offerings for commercial and industrial customers — broad incumbent competing with Energy Bay on C&I decarbonisation and behind-the-meter solutions.

Emerging players

• Wattwatchers Digital Energy: Australian energy data and monitoring platform focused on behind-the-meter asset visibility and DER orchestration — adjacent technology layer that pairs with Energy Bay's embedded network assets and supports similar end customers.
• Clearvoyant: Emerging Australian distributed energy and embedded network operator serving multi-tenant commercial buildings and precincts — narrower scope than Energy Bay but pursues the same behind-the-meter, landlord-anchored proposition.

Regional players

• SmartestEnergy: UK-based specialist renewable energy retailer focused on corporate PPAs and on-site generation — directly comparable business model to Energy Bay's enterprise PPA offering but operating in UK rather than Australian geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/energy-bay

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Energy Bay