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…
Rio Tinto boosts stake in Australia’s second-largest smelter Rio Tinto has acquired Japanese conglomerate Mitsubishi Corporation’s interest in the Boyne Island aluminium smelter. It bought the 11.65 per cent interest in Boyne Smelters, which owns and operates the Gladstone, QLD based smelter, for an undisclosed sum. The acquisition follows Rio Tinto’s agreement to purchase shares in…
Vast Renewables and German energy company Mabanaft GmbH & Co. KG have received planning consent for Solar Methanol 1 (SM1), a concentrated solar thermal (CSP) powered reference plant that will produce green fuels for export. In April Vast executed engineering contracts to complete Front-End Engineering Design (FEED) for the plant, which designed to produce up…
Hamburg-based energy company Mabanaft has received a grant approval from the German Projektträger Jülich backing the construction of a new green methanol plant in Port Augusta, South Australia. Together with Australian renewable energy company Vast, Mabanaft is developing plans to build a demonstration plant with a capacity of around 7,500 tonnes of green methanol per…
Vast Solar’s rollout plans for concentrated solar power (CSP) plants have been given a boost with French energy company EDF Group committing $16.4 million (Euros 10 million) to develop new projects. Vast is developing a number of Australian projects, including the SM1 solar methanol plant at Port Augusta in South Australia, utilising heat and power…
Concentrated solar power company (CSP) Vast Solar has announced a subscription agreement with Canberra Airport Group for the purchase up to $US 10 million of Vast shares, at an approximate price of $US 10.20 per share, through an investment vehicle. In a statement on Friday, Vast said the agreement is subject to the closing of…
The Victorian government has announced $500,000 in funding for a feasibility study on Portland as a renewable methanol and hydrogen hub, to be conducted by Portland H2. In a statement on Tuesday, the government said the study would examine the economics of converting plantation forestry residues to green methanol at the site. It would also…
A new $3 million collaborative research programme between the Queensland and German governments is building on German interest and investments in Australian green industrial projects, The programme is Queensland’s first joint initiative with Germany on bioeconomy research and development, and is seen as a key action under a Joint Declaration of Intent for Cooperation in…
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…
