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Vast Solar secures funds for Australia’s first concentrated solar power plant – pv magazine International


Huge Photo voltaic is transferring forward with plans to ship Australia’s first commercial-scale concentrated solar energy (CSP) plant after securing monetary assist from the federal authorities to construct a 30 MW/288 MWh facility in South Australia .

From pv journal Australia

The Australian Renewable Vitality Company (ARENA) has confirmed it has authorised AUD 65 million ($44.95 million) in funding to renewables developer Huge Photo voltaic to construct VS1, a “first-of-a-kind” CSP plant north of Port Augusta, South Australia.

Huge Photo voltaic Chief Government Officer Craig Wooden mentioned the AUD 203 million venture goals to exhibit the technical and operational efficiency of the corporate’s modular CSP know-how at utility scale, serving to to unlock additional funding. future tasks and supply one other pathway for Australian business to decarbonise.

“The world-leading VS1 plant may have a big influence on the way forward for clear, dispatchable power era in Australia and world wide, permitting us to maintain electrical energy grids powered in a single day,” he mentioned.

Huge Photo voltaic’s CSP know-how makes use of mirrors to pay attention and seize warmth from the solar in photo voltaic receivers, with high-temperature warmth transferred by way of liquid sodium and saved in molten salt. The saved power can then be used to warmth water to generate steam to drive a turbine and generate electrical energy, or the warmth can be used on to decarbonize sure industrial processes.

The Sydney-based developer mentioned its know-how permits crops to be configured with 4 to 16 hours of storage and mills of as much as 500 MW. Wooden mentioned one of many advantages of CSP is that the recovered warmth could be saved cost-effectively for lengthy intervals with minimal power loss. Which means CSP can be utilized to generate electrical energy or present warmth when wanted, together with in a single day.

The know-how was demonstrated in Jemalong, New South Wales, the place a 1 MW pilot plant, constructed alongside a 50 MW photo voltaic PV venture, has been delivering electrical energy to the grid since early 2018.

ARENA Chief Government Officer Darren Miller mentioned the enlargement of Huge Photo voltaic’s know-how right into a commercial-scale venture illustrates that CSP know-how can play an vital position in producing and storing renewable power at scale.

“With rising demand for dispatchable renewable era and longer-term power storage, CSP has the potential to assist Australia’s power transition alongside pumped hydro and large-scale batteries,” he mentioned.

ARENA’s funding for VS1 is conditional on the venture reaching monetary shut, which is focused to happen in late 2023. VS1 is predicted to take two years to construct with business operations starting in late 2025.

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