
Vast Solar
Providing clean, dispatchable power and heat for utility-scale power generation, green fuels production and industrial process heat applications.
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* | $3.5m | Post IPO Convertible | |
Total Funding | 000k |
Vast Solar is an Australian company pioneering the future of large-scale solar energy through its innovative concentrated solar thermal power (CSP) technology. The company operates in the renewable energy sector, focusing on providing continuous, carbon-free electricity. Vast Solar's core product is its modular CSP technology, which uses smart heliostat configurations and liquid sodium as a heat transfer fluid to maximize optical and power cycle efficiency. This technology allows for the capture and storage of solar energy, enabling electricity generation even overnight. The company serves a diverse range of clients, including utility companies, governments, and large-scale industrial operations looking to transition away from fossil fuels. Vast Solar's business model revolves around the development, deployment, and maintenance of its CSP systems, generating revenue through the sale of electricity and technology licensing. The company is strategically positioned to benefit from global trends towards renewable energy and long-duration energy storage solutions.
Keywords: Concentrated Solar Thermal Power, Renewable Energy, Modular Technology, Liquid Sodium, Heliostat, Energy Storage, Carbon-Free, Utility Companies, Industrial Operations, Australia.