Company
US-based promoter of the earlier halted Port Augusta solar thermal project
Every investor coverage indicates participated in a round Solar Reserve raised.
Companies Solar Reserve acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Solar Reserve. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
KPMG administrators have taken control of Australian solar thermal developer Vast Renewables and will run a sale or recapitalisation process, following its recent Nasdaq delisting; the Port Augusta project's future is unclear.
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.
Also RenewEconomy
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.
Also @AuManufacturing
Woodside has committed another US$750,000 to 1414 Degrees' SiBox molten silicon storage demonstration, lifting its total backing to US$2.75 million, on top of earlier Australian Government money.
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.
Ex-prime minister Malcolm Turnbull has taken an undisclosed equity stake in US solar steam firm GlassPoint and joined its advisory board, as the Blackrock-rescued company pursues a giant solar heat project in Saudi Arabia.
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.