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Vast Renewables shares fall 10.18% intraday despite securing AUD180 million for clean energy project.
ByAinvest
Thursday, Mar 13, 2025 12:20 pm ET1min read
Vast Renewables Limited dropped 10.18% in intraday trading. The company announced securing up to AUD180 million of conditional funding from the Australian Renewable Energy Agency for its Port Augusta utility-scale clean energy project, VS1. This project aims to provide long duration renewable energy storage and generation, capitalizing on peak pricing periods after sunset.
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