Vast Renewables Limited
OOTC:VSTTFCapital Structure
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in mil. unless spec.Company Description
- CEO
- Craig Wood
- Full Time Employees
- 40
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- 124 Walker Street North Sydney NSW Australia 2060
- IPO Date
- Jan 7, 2022
- Website
- vast.energy
- Similar Companies
- Business
- Vast Renewables Limited (VSTE) develops and sells concentrated solar thermal power (CSP) systems, including its proprietary CSP v3.0 technology featuring modular sodium heat transfer loops and molten salt thermal energy storage; these systems generate, store and dispatch carbon-free utility-scale electricity and industrial heat, while enabling production of green fuels such as green methanol, sustainable aviation fuel and hydrogen. The company targets data centers, off-grid power applications, process heat, aviation and shipping industries, with operations centered in Australia and a multi-gigawatt global project pipeline spanning North America, Europe and the Middle East. Founded in 2009 and headquartered in North Sydney, New South Wales, Australia, Vast Renewables operates as a subsidiary of Agcentral Energy Pty Limited and employs approximately 54 people. Key projects under development include the 30 MW Vast Solar 1 in Port Augusta with 8 hours of storage for grid power and co-located renewable methanol production, Solar Methanol 1, SiliconAurora Pty Ltd and EDF Australia, alongside 230 MW of Australian projects. Recent advancements feature the successful launch of a first-of-its-kind CSP receiver tower in Queensland for full-scale testing and deployment at Vast Solar 1. In August 2025, the company secured US$3.5 million in convertible note funding from investors Nabors Industries and Canberra Airport Group to accelerate the Port Augusta Green Energy Hub, with environmental approvals and grid connections progressing toward financial investment decision by end-2025; earlier in fiscal 2025, Vast accessed up to AUD30 million from an AUD65 million ARENA grant for manufacturing and project development.
Company News
Vast Secures New Funding and Launches Capital Raise to Accelerate Port Augusta Green Energy Hub
Vast Announces Voluntary Nasdaq Delisting and Strategic Leadership Changes
Vast Secures AUD 700,000 Grant from Australia-Singapore Initiative for Decarbonising Shipping to Progress World-First South Australia Solar Fuels Project
Vast's Clean Energy Project Secures up to AUD180 Million from the Australian Renewable Energy Agency to Power South Australia's Grid and Green Fuels Production
Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2025
Vast Ready to Deliver First-of-its-Kind Clean Energy Solution with Final Prototyping Completed
Vast Updates Shareholders at Annual General Meeting on Significant Progress Towards Delivering Continuous, Carbon Free Energy to the World
Vast and GGS Energy Partner to Bring CSP-Powered Green Methanol and SAF to the U.S.
Vast and Mabanaft Award SM1 Engineering Contracts to Fichtner and bse Methanol, with Arup's Dr. Amy Philbrook as Project Manager
Top 3 Industrials Stocks That May Rocket Higher This Quarter
Vast and Mabanaft advance Port Augusta green methanol project to unlock Australia's green fuels industry
Vast Receives Planning Consent for CSP-powered Solar Methanol Project in Port Augusta
Vast Executes VS1 Engineering Contracts Advancing Toward Construction of 288 MWh Concentrated Solar Thermal Power Plant
Vast announces Term Sheet to facilitate transmission access for Aurora Energy Precinct
Why Is Vast Renewables (VSTE) Stock Up 140% Today?
Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024
Vast and Mabanaft Secure AUD $40 Million Funding for CSP-powered Solar Methanol Plant SM1 to Help Decarbonise Shipping
Vast Announces Appointment of Two Additional Directors to its Recently Expanded Board of Directors
VSTE Develops Corona Virus Digital Health Passport