Octa delivers integrated clean energy solutions for heavy industry and remote operations, utilizing liquefied natural gas (LNG) and hybrid power generation. They provide end-to-end LNG supply, transportation, and remote power generation services to reduce greenhouse gas emissions and lower energy costs.
Funding
$230.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Heavy industry and remote operations face challenges in reducing their carbon footprint and managing high energy expenditures. Traditional energy solutions often lack the flexibility and scalability required to meet evolving sustainability mandates and operational demands.
Solution
Octa provides integrated clean energy solutions that leverage liquefied natural gas (LNG) and hybrid power generation to address these challenges. Through its subsidiaries Clean Energy Fuels Australia (CEFA), PWR Hybrid, and EVOL LNG, Octa offers end-to-end LNG supply, transportation, and remote power generation services. These solutions are designed to reduce greenhouse gas emissions and lower energy costs for clients. By combining LNG with renewable sources like solar and wind, and incorporating battery energy storage systems (BESS), Octa enables clients to enhance their sustainability performance and operational efficiency.
Target Audience
Octa's primary customers are heavy industry sectors, including mining and remote operations, that require reliable, cost-effective, and lower-emission energy solutions.
Features
- Integrated LNG supply chain management, including sourcing, liquefaction, transportation, and on-site vaporization for remote operations.
- Hybrid power station development and operation, combining thermal generation (gas/LNG) with renewable sources (solar, wind) and Battery Energy Storage Systems (BESS).
- Proprietary LNG storage and re-gasification facilities, including Australia's largest domestic LNG production plant and large-scale storage solutions for mining operations.
- Tailored power generation solutions designed to optimize the mix of energy sources based on customer demand profiles, location, and renewable resource availability.
- Fleet of over 35 LNG tankers and intermodal containers for reliable energy transport to off-grid locations.
- Independent Power Provider (IPP) model, building, owning, and operating low-emission power stations to reduce client capital expenditure.
- Advanced energy management systems to maximize renewable energy penetration and manage intermittency.