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Vast Renewables ( (VSTE) ) has provided an announcement.
On February 10, 2025, Vast Renewables Limited announced the successful launch of its first-of-its-kind CSP receiver tower, marking a significant milestone in its clean energy initiatives. This breakthrough positions Vast to deploy its advanced energy solution at the Port Augusta Green Energy Hub in South Australia, enhancing its competitive edge in the global CSP industry. The project is expected to support the production of green fuels and contribute to the world’s decarbonization efforts, with substantial backing from the Australian Government and strategic investors.
More about Vast Renewables
Vast Renewables Limited is a leading Australian clean energy solutions company, specializing in concentrated solar thermal power (CSP) systems that generate, store, and dispatch carbon-free electricity and industrial heat. The company is known for its innovative CSP technology, designed and manufactured in Australia, which aims to support the country’s transition to a renewable energy superpower while creating skilled green jobs and significant export opportunities.
YTD Price Performance: -41.40%
Average Trading Volume: 2,384,318
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.28M
See more data about VSTE stock on TipRanks’ Stock Analysis page.
