Australia is spoilt with fine weather, an abundance of space and, as the world's ninth largest energy producer, accounting for around 2.4 percent of global energy production, has an enviable amount of natural resources.
A recent study by the U.S. Department of Energy estimated that Australia had approximately 437 trillion cubic feet of recoverable shale gas, while up to 233 billion barrels of shale oil were discovered in South Australia's Arckaringa Basin last January.
This could, in theory, make Australia one of the world's largest exporters of oil, putting it on a par with Saudi Arabia.
Yet for all its potential, the stark reality is that Australia came 57th in The Climate Change Performance Index for 2014. Only Canada, Iran, Kazakhstan and Saudi Arabia fared worse.
But the country is redoubling its efforts when it comes to clean tech. Here, we feature 10 Australian companies at the forefront of clean energy.
By Anmar Frangoul, Special to CNBC.com