Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Katherine Woodthorpe looks at the potential of innovation in low emission products for export. She argues investing in innovation and STEM skills has economic returns. In the fight against climate change, Australia and the world are at a crossroads. The…
Vast Renewables has executed engineering contracts to complete Front-End Engineering Design (FEED) on its VS1 Concentrated Solar Thermal Power Plant (CSP) project. The New York listed company executed key engineering contracts with Afry, FYFE, Primero and Worley to complete FEED on the Construction of 288 MWh CSP power plant to be built at Port Augusta,…
Silicon energy storage company 1414 Degrees has signed a term sheet that will see its Aurora Energy Precinct at Port Augusta in South Australia access the ElectraNet 275kV Hill-to-Hill power line connecting to the National Electricity Market. The company’s 50 percent owned joint venture with Vast Renewables, SiliconAurora Pty Ltd signed a term sheet with…
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…
Vast appoints Project Director for VS1 Concentrated solar thermal power company Vast Solar has announced the appointment of Federico Sandoval as its new Project Director for VS1, a 30 megawatt / 288 megawatt hour CSP project in Port Augusta, South Australia. VS1 uses Vast’s proprietary modular tower CSP v3.0 technology and will generate dispatchable power…
CSL opens new HQ and R&D centre Biotechnology giant CSL has opened its new Headquarters and Centre for R&D which will house more than 850 people dedicated to protecting public health and bringing life-saving innovative therapies to patients. The Prime Minister Anthony Albanese (pictured) congratulated CSL on the opening. Albanese said: “This world-leading research will…
Concentrated solar power company (CSP) Vast has announced a partnership with Spanish engineering company CYD to model molten salt tank performance as the VS1 project progresses. VS1 is a 30 megawatt/ 288 megawatt hour CSP project in Port Augusta, South Australia, using Vast’s proprietary, modular tower CSP v3.0 technology and designed to have over…
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…
