CEO, Vast Renewables
Stories naming Craig Wood. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The federal government, via ARENA, has granted Vast Energy $180 million toward its concentrated solar plant at Port Augusta, replacing a smaller 2023 commitment, with construction still dependent on closing the remaining project financing.
Vast Renewables has locked in a $30 million first instalment of ARENA grant money for its Port Augusta solar thermal project and Australian manufacturing, with CSIRO flagging a record raise for a solar thermal spin-off.
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Vast's chief executive argues hydrogen demand is maturing, with shipping and aviation emerging as anchor customers for green methanol and eSAF, and points to government grant funding for the company's Port Augusta methanol project.
Vast Renewables and Mabanaft have signed a joint development agreement advancing Vast's South Australian solar methanol plant, with Mabanaft holding offtake rights and ARENA plus German government funding behind the project.
Vast Renewables and Germany's Mabanaft gain planning consent for the Solar Methanol 1 green methanol plant in South Australia; ARENA's $65 million backing and a German grant for Mabanaft are noted.
Vast Renewables' Port Augusta methanol plant has won planning approval; the article recalls February funding commitments from ARENA and a German government program for construction.
Vast Renewables and Mabanaft have finalised A$40m in government funding for their SM1 green methanol plant at Port Augusta: up to A$19.48m from ARENA, up to €12.4m via Germany's HyGATE program.
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French energy company EDF has committed €10 million to back Vast Renewables' concentrated solar plans across Australia, adding to earlier government grants for its plants and an agreed-but-unclosed Nasdaq listing deal with Nabors' SPAC.
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Vast Solar has lined up a share subscription from Canberra Airport Group worth as much as $US10 million ahead of its NYSE listing, with ARENA grant backing for its Port Augusta plant.
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Vast has brought in CYD to begin early engineering on its VS1 solar thermal project in Port Augusta, simulating the storage tanks digitally; the piece also recaps earlier ARENA backing.
Vast Solar signed a letter of intent with Germany's Mabanaft covering potential offtake and equity in its Solar Methanol 1 plant, while ARENA's approved funding for the VS1 solar thermal project stands.
Podcast discussion in which Vast Solar's Craig Wood talks up concentrated solar power, the company's Port Augusta project, and plans to list in New York.
ARENA approves A$65 million for Vast Solar's Port Augusta solar power plant, with earlier pilot funding and HyGATE support for a solar methanol facility also recalled.
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Vast Solar agrees a business combination with a SPAC to list on the NYSE; the article also recalls its HyGATE grant for a green methanol plant in Port Augusta.
Vast Solar joins a US-led consortium awarded a US$2.3 million Department of Energy grant to develop concentrated solar thermal storage, while progressing plants in South Australia and Queensland.
Weekend pre-election announcements detail federal support: a $48.2m grant for Opal's Maryvale waste-to-energy plant, $70m for the Port Bonython hydrogen hub, and a financing package for Vast Solar's planned solar thermal plant.
Vast Solar has won $110 million in federal finance to revive a 20MW solar thermal plant with storage at Port Augusta, five years after SolarReserve won the same support then abandoned the project.
An Australian solar thermal company finished a capital raise begun early in 2019, backed again by existing investors, and collected a technology innovation prize at an international conference in China.