Australia

New hope for Port Augusta’s failed SolarReserve Concentrated Solar Power project

Port Augusta's failed solar thermal project has been revived by a South Australian company with big plans for the ill-fated Aurora site. Thermal energy storage company 1414 Degrees is set to acquire SolarReserve Australia, which owns the Aurora Solar Energy Project near Port Augusta and two solar sites in New [...]

Vast Solar in talks with Australian mining groups for first Concentrated Solar Power plant

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 [...]

Japan and Australia Test Solar Hydrogen Component

For countries such as Japan or South Korea with poor DNI and little space for wind and solar, the value of hydrogen is that it can be made overseas with renewable energy, then stored and shipped, and used to produce electricity, heat, or propulsion. This way, regardless of local solar [...]

Vast Solar closes capital raise to finance Concentrated Solar Power project

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 [...]

Australia has big concentrated solar power future despite collapse of $650 million project

Australia still has a promising solar thermal technology future despite a major Concentrated Solar Power (CSP) project in South Australia failing because of financing issues. Energy expert Simon Currie says the emerging CSP industry can overcome the collapse of SolarReserve’s $650 million Aurora project near Port Augusta. Solar thermal technology [...]

SolarReserve to miss fin close deadline for 150-MW Australia Concentrated Solar Power project

SolarReserve has failed to secure in time funds for its 150-MW Aurora concentrated solar power (CSP) plant project in South Australia so it plans to sell it to a third party. The announcement was made by the South Australian government on Friday as a confirmation that the project will [...]

Australia’s Vast Solar seeks financing for 50 MW Concentrated Solar Power -PV project

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 [...]

Vast Solar seeks funding for 50 MW Concentrated Solar Power, PV hybrid in Australia

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 [...]

Webinar about Concentrated Solar Power in Australia

Australia possesses one of the highest Direct Normal Irradiation (DNI) resources in the world. It’s expected that by the end of 2018 there will be 1.8GW of cumulative solar capacity available compared to less than 200MW in 2012. What is more, the ability to store and dispatch is key to [...]

SolarReserve enters manufacturing deal for Australia Concentrated Solar Power project

Australian concentrated solar power (CSP) technology firm Heliostat SA has teamed up with California-based SolarReserve to produce tracking mirrors for the latter’s 150-MW Aurora plant in South Australia. The parties have signed a memorandum of understanding (MOU) under which they will work together on the development of plans and [...]

South Australia adds concentrated solar power

Late last year, the South Australian Government announced it had signed an agreement with SolarReserve to build a 150 MW solar thermal power station with eight hours of energy storage near Port Augusta. The decision came on the back of Alinta Energy’s decision in 2015 to close down Port Augusta’s [...]

Aalborg CSP among the Australian Clean Energy Council Award finalists

Danish renewable energy specialist, Aalborg CSP A/S, is among the top four finalists competing for the prestigious Clean Energy Council’s Innovation Award 2018. The company has been shortlisted for the development of Australia’s first concentrated solar power (CSP) facility that supports desert-farming operations. This ground-breaking plant in Port Augusta demonstrates [...]

SolarReserve may add 70MW solar farm to Port Augusta concentrated solar power tower

US solar company SolarReserve has sought approval to add a 70MW solar PV farm to the world leading solar tower and molten salt storage facility proposed for Port Augusta in South Australia. The plans for the additional solar PV are revealed in a development application to the South Australia Planning [...]