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Vast Renewables Secures up to AUD180 Million from ARENA for Clean Energy Project

Mar 12, 2025•over 1 year ago

Contract Type

partnership

Foster Sydney CourtEnergyRenewable EnergySolarBiomass Energy

Description

Vast Renewables Limited has secured up to AUD180 million of conditional funding from the Australian Renewable Energy Agency for the construction of its Port Augusta utility-scale clean energy project, Vast Solar 1. The project aims to provide urgently needed long duration renewable energy storage and generation for South Australia’s grid.

Company Information

Company

Vast Renewables Limited

Location

Foster Sydney Court, Georgia, United States

About

Vast Renewables Limited is a renewable energy company specialising in concentrated solar thermal power (CSP) energy systems. The company generates zero-carbon, utility-scale electricity and industrial process heat.

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