Vast Solar

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 [...]

Australian concentrated solar power company wins global innovation award

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 [...]

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 [...]

Concentrated Solar Power mini tower developer predicts costs below $50/MWh

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 [...]

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 [...]