Vast Renewables has executed engineering contracts with Afry, FYFE, Primero and Worley to complete Front-End Engineering Design (FEED) on its VS1 project, a 30 MW concentrated solar power (CSP) plant to be located in Port Augusta, South Australia.
Utilizing Vast’s modular tower CSP v3.0 technology, the company says VS1 is expected to generate power with more than eight hours of thermal energy storage. The project will be co-located with Solar Methanol 1 (SM1), a green methanol demonstration plant slated to use electricity and heat from VS1 to produce the fuel for use in shipping.
FEED is expected to be completed by August ahead of a Final Investment Decision and construction starting later this year.
“This is a major step forward for Vast and VS1, putting this historic CSP project on the path to construction,” says Craig Wood, CEO of Vast. “Afry, FYFE, Primero and Worley will bring the right combination of global and local expertise to VS1, which will utilize our industry-leading technology to capture and store the sun’s energy during the day before generating heat and dispatchable power during the day or night.”
The Australian Renewable Energy Agency has approved AUD$65 million in funding to support the construction of VS1.
The post Vast Executes Contracts Advancing Concentrated Solar Thermal Power Plant appeared first on Solar Industry.
Vast Executes Contracts Advancing Concentrated Solar Thermal Power Plant
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ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE
New York, NY – Today, ACORE celebrated 25 years by ringing The Opening Bell at the New York Stock Exchange (NYSE), marking an important milestone and sending a clear message that clean energy is a foundational economic engine of the 21st century.
“When ACORE was founded 25 years ago, our goal was to prove the economic case for clean power. Today, as we ring the bell at the New York Stock Exchange, we are celebrating the reality that clean energy is now the cheapest, most reliable, and most scalable source of power available,” said ACORE President and CEO Ray Long. “Our focus remains on the future. We are facing unprecedented electricity demand growth, and we need to deploy capital faster than ever before to build the grid of tomorrow. The financial momentum is here, and the clean energy economy is ready to deliver the abundant, low-cost power our nation demands.”
Founded in 2001, ACORE was the first organization dedicated to expanding the pan-renewable economy in the United States. For 25 years, ACORE has worked toward its vision of an electrified economy powered by clean energy that supports an improved quality of life for all. Today, ACORE members are the investment engine behind the massive clean energy deployment that is helping ensure that Americans’ energy needs are met.
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About ACORE:
ACORE is a nonpartisan nonprofit organization that operates at the intersection of affordability, reliability, and clean energy deployment. Our work is focused on stabilizing energy prices, strengthening the electric grid, and driving investment in cost-effective technologies to ensure that clean energy delivers for people, businesses, and the U.S. economy.
ACORE’s membership includes clean energy investors, developers, energy buyers, power generators, manufacturers, and energy providers. In 2024, nearly 80% of the booming utility-scale domestic clean energy growth was financed, developed, owned, equipped, or contracted by ACORE members. For more information, visit www.acore.org.
Media Contacts:
Chris Higginbotham
higginbotham@acore.org
The post ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE appeared first on ACORE.
https://acore.org/news/acore-celebrates-its-25th-anniversary-by-ringing-the-opening-bell-at-the-nyse/
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
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