Vast is an Australian renewable energy technology company leveraging next generation concentrated solar thermal power (CSP) systems to decarbonise electricity, transport and industry. Vast’s CSP v3.0 approach to CSP utilises a proprietary, modular sodium loop to efficiently capture, store, and convert solar heat to deliver utility-scale electricity and industrial heat and to unlock the production of green fuels. The company was established in 2009 to develop and commercialise its CSP technology, which can be deployed alongside complementary technologies such as solar PV and wind (cheap but, by their nature, intermittent sources of power), to deliver continuous electricity, heat and energy storage solutions to industries and communities. Vast is currently developing the Port Augusta Green Hub in South Australia with two pioneering projects leveraging Vast’s technology: VS1, Australia’s first utility-scale CSP project, and SM1, a first-of-its-kind green fuel refinery. Vast is also developing a global pipeline of future CSP and green fuels projects across Australia, the US, Latin American and the Middle East.
| Website | https://www.vast.energy/ |
| Revenue | $5.7 million |
| Employees | 46 (46 on RocketReach) |
| Founded | 2009 |
| Address | Level 7, 124 Walker St, North Sydney, New South Wales 2060, AU |
| Industry | Renewable Energy Power Generation |
| Keywords | Renewable Energy Technology, Next Generation Energy, Renewable Energy, Cleantech, Solar Power, Renewable Energy Solutions, Solar Thermal Energy, Concentrated Solar Power, Electricity Generation, Sustainable Technology, Csp Technology, Energy Storage, Clean Energy Solutions, Carbon Reduction, Sustainable Energy, Decarbonization, Thermal Energy Storage, Green Energy, Modular Energy Systems |
| Competitors | Array Technologies, Tesla, Enphase Energy, Sunrun, First Solar, Sunnova Holdings LLC, Trina Solar, Jinko Solar Co., Ltd., Sun Power Corporation +40 more (view full list) |
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The Vast annual revenue was $5.7 million in 2026.
Craig Wood is the CEO of Vast.
46 people are employed at Vast.
Vast is based in North Sydney, New South Wales.