Vast Solar wins SolarPACES 2019 Technology Innovation Award

Concentrated solar thermal power (CSP) company Vast Solar has recently been awarded the Technology Innovation Award at the International Energy Agency's SolarPACES 2019 Conference in South Korea.

The award recognises their progress in the development of their world-first CSP technology that combines the use of a modular tower system with molten sodium as the heat transfer fluid.

Vast Solar is aiming to develop a cost-competitive dispatchable power system that takes advantage of both the reliability of trough plants and the high temperatures (and therefore high thermodynamic efficiencies) of central tower systems.

The technology has been proven in a pilot plant constructed in Jemalong, New South Wales. The demonstration plant is capable of producing up to 6MWth and 1.1MW of electricity generation and received grant funding from the Australian Renewable Energy Agency.

Following the award ceremony, CEO Craig Wood said: “We are now totally focused on developing our Reference Plant which will prove the technology at commercial scale. From there, we anticipate our technology playing a critical role in energy production in suitable climates around the world, generating clean, reliable energy at low cost.”

Vast Solar has been working on the development of a commercial-scale 30 MW CSP plant and it recently announced the completion of capital raising.

Vast Solar website

 

Follow us on

 

Share This

Facebook MySpace Twitter Digg Delicious Stumbleupon Google Bookmarks Reddit Newsvine Technorati Linkedin Mixx 

Contact Details (2)

Australian Solar Thermal Energy Association Ltd
ACN: 149 005 210
c/o IT Power
PO Box 6127
O'Connor
ACT 2602, Australia