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The once languishing Aurora Solar Energy Project has taken another important step forward this week after developer 1414 Degrees announced it may add modular concentrated solar power to the project’s current proposed mix of solar PV, battery storage and 1414’s proprietary thermal storage. Aurora was supposed to be the location of Australia’s first large scale …
Vast Solar in talks to build Concentrated Solar Power plant in Queensland. Vast Solar is in talks to build a 50 MW hybrid Concentrated Solar Power -PV-gas plant in the off-grid Mount Isa mining town in Queensland, Australia, local media reported. The A$600 million ($420.0 million) plant would combine Concentrating Solar Power with 14 hours …
Continue reading “Australian mining town picked for first large Concentrated Solar Power plant”
Australian solar thermal developer Vast Solar has unveiled plans to take its technology into the mainstream, unveiling a $600 million proposal to build a “baseload” solar plant in Mt Isa that will combine solar thermal, solar PV, battery storage and fast-acting gas generators. The plan, being supported and advised by Energy Estate, is to build …
Australian solar thermal developer Vast Solar has unveiled plans to take its technology into the mainstream, unveiling a $600 million proposal to build a “baseload” solar plant in Mt Isa that will combine solar thermal, solar PV, battery storage and fast-acting gas generators. The plan, being supported and advised by Energy Estate, is to build …
Continue reading “Vast plans $600m “baseload” concentrated solar power plant for Mt Isa”
Modular Concentrated Solar Power developer Vast Solar sees Australia’s mining sector as the greatest deployment opportunity before wind and PV growth creates wholesale market openings, Craig Wood, CEO of Vast Solar, told New Energy Update. Concentrated Solar Power with storage can meet mining operators’ demand needs. Vast Solar’s quest to build Australia’s first large-scale CSP …
Australian solar thermal company Vast Solar has taken out the Technology Innovation Award at the International Energy Agency’s SolarPACES 2019 conference held in South Korea. Vast Solar has developed concentrated solar thermal technology, that can be combined with molten sodium thermal storage to deliver dispatchable renewable energy. The company is aiming to use its modular …
Continue reading “Australian concentrated solar power company wins global innovation award”
Australian concentrated solar power (CSP) company Vast Solar has finalised a capital hike to progress development of its 30-MW solar thermal power reference plant. Vast Solar did not disclose how much it raised through the capital increase but mentioned that it gained further support from existing investors. In February, it said it was looking to …
Continue reading “Vast Solar closes capital raise to finance Concentrated Solar Power project”
Vast Solar’s modular Concentrated Solar Power tower plant with sodium transfer fluid will be competitive with coal and gas plants at scale and the Australian developer could build its first commercial plant by 2022, Craig Wood, CEO of Vast Solar, told New Energy Update. Australia’s Vast Solar is making the leap from a 1.1 MW …
Continue reading “Concentrated Solar Power mini tower developer predicts costs below $50/MWh”
Australian CSP developer Vast Solar is seeking A$75 million ($53.1 million) of financing for a A$240 million hybrid CSP-PV plant in New South Wales, according to reports. Vast Solar is planning to build a 50 MW plant consisting of 30 MW of modular CSP tower capacity with 10 hours of molten salt energy storage capacity, …
Australian concentrated solar power (CSP) specialist Vast Solar plans to develop a hybrid project that comprises a 30 MW CSP facility with 10 hours of storage and a 20 MW PV plant, and to make this happen it needs to secure $75 million. The company said it was already working with ASX-listed financial services firm …