Vast Secures New Funding and Launches Capital Raise to Accelerate Port Augusta Green Energy Hub
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Vast Renewables has secured US$3.5 million in funding from major investors and launched a capital raise to support its Port Augusta Green Energy Hub. The project includes a 30MW solar thermal plant and a 140MW lithium-ion battery, both set to begin construction this year. The company has achieved significant milestones, including environmental approvals and grid connection progress. CEO Craig Wood emphasized the strong investor confidence in Vast's technology and the importance of this funding for advancing their global project pipeline.
Source: Benzinga The copyright of this article belongs to the original author/organization.
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