Global Trade Alert
Global Trade Alert

Australia: ARENA supports Vast Solar with AUD 65 million

Announcement

13 Feb 2023

On 13 February 2023, the Australian Renewable Energy Agency granted Vast Solar with AUD 65 million (approx. USD 45.3 million).

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

13 Feb 2023

Revocation date:

No revocation date

Updated: 13 Feb 2023
Local value added incentive In force

The Australian Renewable Energy Agency (ARENA) financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must encou...

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Implementation date

13 Feb 2023

Revocation date:

No revocation date

Updated: 13 Feb 2023
Financial grant In force

On 13 February 2023, the Australian Renewable Energy Agency (ARENA) announced the approval of AUD 65 million (approx. USD 45.3 million) to Vast Solar to construct a 30 MW / 288 MWh concentrated sol...

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