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CEMEX, S.A.B. de C.V. («CEMEX») announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. Solar MEAD aims to replace the use of fossil fuels with concentrated solar thermal (“CST”) energy in clinker production, …
Australia’s clean energy industry received a boost after Vast, a leader in concentrated solar thermal power (CSP), announced today it will go public through a business combination with Nabors Energy Transition Corp. (NETC). While remaining headquartered in Australia, the combined entity will be named Vast and is expected to be listed on the New York …
Continue reading “Vast – an Australian clean tech success story”
Vast Solar goes public as Vast with NETC on the NY Stock Exchange. The Australian firm is a previous winner of the SolarPACES Innovation Award for its unique high temperature sodium heat transfer fluid piped from multiple solar towers, combining aspects of both Trough and Tower CSP (Concentrated Solar Power) Press Release: Australia’s clean energy …
Continue reading “Vast Solar going public with NETC on the NY Stock Exchange as Vast”
“Today, Treasury and IRS, in partnership with DOE, announced the intent to release approximately $4 billion in a first round of tax credits for projects that expand U.S. supply chains for clean energy technologies and critical materials for clean energy technology production, and for projects that reduce greenhouse gas emissions at industrial facilities. Approximately $1.6 …
Continue reading “DOE allots $1.6 billion to decarbonize coal country”
To help applicants locate within qualifying regions, the DOE supplies detailed interactive mapping of the US regions impacted by coal power’s decline, both in mining and in closed coal power plants “Today, Treasury and IRS, in partnership with DOE, announced the intent to release approximately $4 billion in a first round of tax credits for …
Continue reading “DOE allots $1.6 billion to decarbonize coal country”
Vast Solar has agreed to combine with a special purpose acquisition company (SPAC) backed by Nabors Industries (NBR.N) in a deal which will take the Australian company public in New York at a valuation of up to $586 million, the companies told Reuters. SPAC Nabors Energy Transition Corp (NETC.N) is combining with Sydney-based Vast, which …
The European Commission has published a Consultation on the Electricity Market Design. The Commission is particularly concerned about high electricity prices and has the objective to ensure consumers – both households and companies– can access affordable and secure energy from sustainable and renewable sources both now and in the long term. ESTELA, DCSP and Protermosolar …
Coupling with supercritical power cycle can improve the thermal efficiency of the concentrated solar system. Design the suitable thermal storage medium is critical to the new coupling system. A new ternary eutectic salt with low cost was developed composed of NaCl, Na2CO3, and Na2SO4 based on the calculation method of phase diagram, meeting the requirements of …
Vast Solar has welcomed the Minister for Climate Change and Energy’s and the Australian Renewable Energy Agency’s (ARENA) announcement that it has approved funding of $65 million for VS1, Vast Solar’s 30MW/ 288MWh reference plant in Port Augusta, South Australia. The funding is another step forward for the project, which will create hundreds of jobs …
Abstract: Coupling with supercritical power cycle can improve the thermal efficiency of the concentrated solar system. Design the suitable thermal storage medium is critical to the new coupling system. A new ternary eutectic salt with low cost was developed composed of NaCl, Na2CO3, and Na2SO4 based on the calculation method of phase diagram, meeting the requirements …