Nasdaq listed Vast Renewables and energy company Mabanaft have announced the first engineering contracts for the development of its SM1 green methanol plant at Port Augusta in South Australia. International engineering group Fichtner and German e-fuels leader bse Methanol have been awarded contracts for pre-front-end engineering and design (FEED), with Dr. Amy Philbrook, Arup’s Australasia…
Concentrated solar power (CSP) developer Vast Solar today announced it has awarded Australian engineering firm Worley key engineering contracts for its VS1 CSP project being built at Port Augusta in mid-northern South Australia. VS1 is a 30MW / 288 MWh CSP plant being built in Port Augusta and utilising Vast’s proprietary modular tower CSP v3.0…
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 thermal power (CSP) technology and project developer, which boasts technology to generate green, dispatchable utility-scale…
Concentrated solar power (CSP) developer Vast Solar and Nabors Energy Transition Corp. today announced an agreement for a business combination that would result in Vast becoming a publicly-listed company on the New York Stock Exchange. Founded in Australia in 2009, Vast’s proprietary CSP system uses a modular tower design and a unique sodium loop for…
Hot on the heels of the announcement of a solar methanol plant to be built by Vast Solar at Port Augusta in South Australia, the company has been backed to construct a first-of-a-kind 30 MW / 288 MWh concentrated solar power (CSP) plant in the same city. The Australian Renewable Energy Agency (ARENA) announced today…
Concentrated solar thermal power (CSP) company Vast Solar, and the Solar Methanol Consortium have been selected to receive $19.48 million (EUR13.2 million) from an Australian-German collaboration fund, HyGATE, to develop a world-first green methanol demonstration plant, SM1 in Port Augusta in South Australia. Methanol is the most versatile hydrogen derivative which, if produced using clean…
By Peter Roberts One of the criticisms of renewables thrown up by sceptics in the former Coalition government was that it was not dispatchable, that is it couldn’t provide power ‘when the sun doesn’t shine and the wind doesn’t blow’. Lithium ion batteries provided an underpowered part of the answer to that but the real…
Vast Solar has announced the successful design, manufacture and test of its next-generation heliostats and solar receivers at its Goodna, Queensland prototype facility, in a development it says will precede “full-scale manufacturing plants in Australia that will employ dozens of skilled workers.” In a statement on Thursday, the company – which has sites under development…
Australian renewable energy company Vast Solar is part of a US grouping that has received US$2.3 million from the US government to develop its concentrated solar thermal power (CSP) technology. The company is developing modular solar thermal power, utilising liquid sodium as the solar heat transfer fluid. This is being deployed in VS1 in Port…
Vast Renewables has deepened its relationship with its partner and potential offtake customer for its concentrated solar thermal powered (CSP) green methanol plant Solar Methanol 1 (SM1) being constructed at Port Pirie in South Australia. Vast has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance the Port Augusta green methanol…
