Vast and CYD develop innovative Avatar Model to simulate and optimise molten salt tank operation in first utility-scale project deploying Vast’s world-leading clean energy technology. Vast Solar Pty Ltd («Vast» or the «Company»), a world-leader in concentrated solar thermal power (CSP), today announced a partnership with global design and manufacturing firm Contratos y Diseños Industriales …
Australia’s first concentrated solar power plant edges closer to reality
Plans to build a concentrated solar power project in South Australia have edged closer to a final investment decision by the end of the year, with developer Vast Solar signing up Worley as an engineering partner on the “first-of-its-kind” project. Vast said on Monday that construction of the 30MW/288MWh CSP plant in Port Augusta – …
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Vast Solar gains partner for solar methanol export
Vast Solar has executed a letter of intent (LOI) with German energy company Mabanaft GmbH & Co. KG for potential offtake and equity investment in Solar Methanol 1 (SM1), Vast’s world-first green methanol demonstration plant. Vast is a concentrated solar power (CSP) technology and project developer, which boasts technology to generate green, dispatchable utility-scale electricity …
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Vast Solar Becomes Vast
Australian renewable energy company Vast is proud to announce its rebrand, effective from 8th May. The new brand identity is expected to better communicate Vast’s position in the market and improve its visibility among stakeholders. Vast’s target markets have broadened from initially focusing on dispatchable renewable electricity to now include process heat for industrial uses, …
A fresh start for concentrated solar power?
The story behind concentrated solar power is complicated. But that’s not because it’s a poor resource. Using mirrors and towers, CSP can cleanly generate electricity, provide long-duration thermal energy storage, and decarbonize heavy industry by producing heat. Its attributes only increase in value with higher penetrations of intermittent renewables, like solar photovoltaics and wind. CSP …
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Vast – an Australian clean tech success story
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 …
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