Vast Renewables Limited, a company specializing in concentrated solar thermal power (CSP) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat, announced funding agreements of up to ~AUD $40 million for its solar methanol plant, SM1, in partnership with Mabanaft.


Australian cleantech company Vast Solar, a world-leader in concentrated solar thermal power (CSP), and the Solar Methanol Consortium have been selected to receive AUD$19.48m and EUR13.2m from a collaboration between the Australian and German Governments to develop a world-first green methanol demonstration plant, SM1 in Port Augusta, South Australia. The German-Australian Hydrogen Innovation and Technology Incubator (known as HyGATE) is a funding round with up to AUD$50m and EUR50m available to support real-world pilot, trial and demonstration projects along the hydrogen supply chain. It plays a key role in supporting the growth of the clean energy ...
A Melbourne-based solar storage technology company hoping to combine solar power and long duration energy storage (LDES) has announced that one component of its flagship site in Western Victoria is now connected to the grid. RayGen – backed by AGL and a host of big international energy companies – said on Wednesday that it is sending power to the grid from its Carwarp site just over 30 kilometres south of Mildura, using technology that uses mirrors to reflect sunlight to a high performance PV receiver mounted on a central tower. The solar towers at this demonstration project have a capacity of 4MW ...
This might be explained by the fact that CST plants are major projects. They have a potential construction cost of several hundreds of millions of dollars. Then there’s the fact that in Australia, CST is relatively unknown and untested. Dr Stuart Bell, a lecturer at QUT’s Faculty of Engineering and a researcher with the Australian Solar Thermal Research Institute (ASTRI), is part of a group of academics, engineers and scientists from a consortium of leading universities and research institutions working to develop and demonstrate the technology. Why would energy companies choose CST over the more traditional photovoltaic solar ...
El desarrollador de energía solar holandés, Photon Energy, ha propuesto para Australia Meridional el proyecto de almacenamiento y energía solar más grande del mundo, una instalación de 300 MW con 3,6 GWh de almacenamiento, utilizando tecnología australiana desarrollada por RayGen. Photon ha anunciado en un comunicado que había asegurado 1.200 hectáreas de tierra para lo que dijo sería el mayor proyecto solar y de almacenamiento del mundo, superando al más grande actual en la instalación termosolar de Ouarzazate en Marruecos. «Estamos muy emocionados de desarrollar este proyecto de almacenamiento de energía solar innovador y de importancia mundial en ...

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