Vast Renewables shares fall 4.58% premarket despite securing AUD180 million for clean energy project.

Friday, Mar 14, 2025 8:51 am ET1min read
Vast Renewables Limited dropped 4.58% in premarket trading. The company announced it has secured 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 will deploy Vast's next generation concentrated solar thermal power solution, providing long duration renewable energy storage and generation.

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