VSTE icon

Vast Renewables

1.28 USD
-0.13
9.22%
At close Dec 20, 4:00 PM EST
After hours
1.29
+0.01
0.78%
1 day
-9.22%
5 days
1.59%
1 month
-16.88%
3 months
12.28%
6 months
-51.70%
Year to date
-67.76%
1 year
-83.78%
5 years
-89.32%
10 years
-89.32%
 

About: Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

Employees: 40

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 3 [Q2] → 3 (+0) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

0.03% less ownership

Funds ownership: 0.1% [Q2] → 0.07% (-0.03%) [Q3]

67% less capital invested

Capital invested by funds: $71.3K [Q2] → $23.7K (-$47.5K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for VSTE.

Financial journalist opinion

Neutral
GlobeNewsWire
2 weeks ago
Vast Updates Shareholders at Annual General Meeting on Significant Progress Towards Delivering Continuous, Carbon Free Energy to the World
SYDNEY, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast”) (Nasdaq: VSTE), a leading Australian green energy technology company, held its Annual General Meeting (“AGM”) on November 27, updating shareholders on progress towards deploying its next generation concentrated solar power (“CSP”) solution to deliver clean, continuous dispatchable power and heat.
Vast Updates Shareholders at Annual General Meeting on Significant Progress Towards Delivering Continuous, Carbon Free Energy to the World
Neutral
GlobeNewsWire
1 month ago
Vast and GGS Energy Partner to Bring CSP-Powered Green Methanol and SAF to the U.S.
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast”) (Nasdaq: VSTE), a renewable energy company specialising in concentrated solar thermal power (CSP) systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced it has signed a development services agreement with GGS Energy LLC (“GGS Energy”), a leading energy transition development company with deep project development experience, to pursue a commercial-scale synthetic fuels project in the Southwest United States (Project Bravo).
Vast and GGS Energy Partner to Bring CSP-Powered Green Methanol and SAF to the U.S.
Neutral
GlobeNewsWire
2 months ago
Vast and Mabanaft Award SM1 Engineering Contracts to Fichtner and bse Methanol, with Arup's Dr. Amy Philbrook as Project Manager
PORT AUGUSTA, South Australia, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast”) (Nasdaq: VSTE), a renewable energy company planning to power green fuels production, today announced a significant milestone in the development of its green methanol plant, SM1. Vast and its consortium partner, global energy company Mabanaft, have awarded international engineering group Fichtner and German e-fuels leader bse Methanol contracts to commence pre-front-end engineering and design (FEED) work. This follows the appointment of Dr. Amy Philbrook, Arup's Australasia Clean Fuels Technical Lead, as Project Manager.
Vast and Mabanaft Award SM1 Engineering Contracts to Fichtner and bse Methanol, with Arup's Dr. Amy Philbrook as Project Manager
Positive
Benzinga
3 months ago
Top 3 Industrials Stocks That May Rocket Higher This Quarter
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Top 3 Industrials Stocks That May Rocket Higher This Quarter
Neutral
GlobeNewsWire
6 months ago
Vast and Mabanaft advance Port Augusta green methanol project to unlock Australia's green fuels industry
SYDNEY, June 13, 2024 (GLOBE NEWSWIRE) -- Vast (Vast Renewables Limited) (Nasdaq: VSTE), a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, today announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.
Vast and Mabanaft advance Port Augusta green methanol project to unlock Australia's green fuels industry
Neutral
GlobeNewsWire
6 months ago
Vast Receives Planning Consent for CSP-powered Solar Methanol Project in Port Augusta
Vast's SM1 is designed to produce up to 7,500 tonnes of green methanol per annum to help decarbonise the global maritime industry Vast's SM1 is designed to produce up to 7,500 tonnes of green methanol per annum to help decarbonise the global maritime industry
Vast Receives Planning Consent for CSP-powered Solar Methanol Project in Port Augusta
Neutral
GlobeNewsWire
8 months ago
Vast Executes VS1 Engineering Contracts Advancing Toward Construction of 288 MWh Concentrated Solar Thermal Power Plant
Front end engineering and design on Vast's 30MW VS1 Port Augusta CSP project expected to be completed in August followed by ground breaking in Q4 2024 Front end engineering and design on Vast's 30MW VS1 Port Augusta CSP project expected to be completed in August followed by ground breaking in Q4 2024
Vast Executes VS1 Engineering Contracts Advancing Toward Construction of 288 MWh Concentrated Solar Thermal Power Plant
Neutral
GlobeNewsWire
8 months ago
Vast announces Term Sheet to facilitate transmission access for Aurora Energy Precinct
SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (Vast) (Nasdaq: VSTE) and 1414 Degrees Limited (ASX:14D), through their joint venture SiliconAurora Pty Ltd (SiliconAurora), today announced the signing of a term sheet (Term Sheet) with Vast Solar 1 Pty Ltd and OZ Minerals Services Pty Ltd (OZM), a subsidiary of BHP Group Limited (BHP), to enter into negotiations with OZM for a possible binding agreement (Agreement) by 30 September 2024 (which date can be extended by mutual consent) (Agreement Date) that would facilitate access for the initial stages of the Aurora Energy Precinct (the Precinct) to the ElectraNet owned Hill-to-Hill Transmission Line (H2H) near Port Augusta, South Australia.
Vast announces Term Sheet to facilitate transmission access for Aurora Energy Precinct
Positive
InvestorPlace
8 months ago
Why Is Vast Renewables (VSTE) Stock Up 140% Today?
One of today's more interesting movers to follow is Vast Renewables (NASDAQ: VSTE ). Shares of this little-known player in the energy storage market are absolutely skyrocketing, with VSTE stock up more than 140% at the time of writing.
Neutral
GlobeNewsWire
8 months ago
Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024
Operational and Funding Highlights Investment of €10.0 million from EDF Australia, a subsidiary of EDF Group Equity investment from the Canberra Airport Group valued at USD $9.2 million Subsequently announced funding agreements for up to AUD $40.0 million from the Australian and German governments to construct the Solar Methanol 1 project along with consortium partner Mabanaft in January 2024 Closed business combination with Nabors Energy Transition Corp. on December 18, 2023 Financial Metrics for Six Months Ending December 31, 2023 Total revenue consisting of $768,000, made up of both customer and grant revenue Available cash and equivalents of $16.5 million Net loss of ($281.5) million primarily attributable to non-cash listing expenses of ($106.0) million and derivative losses of ($164.3) million related to the close of the business combination Total diluted common shares outstanding as of December 31, 2023 of 29,291,884 SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company's fiscal 2024, comprising the six months ended December 31, 2023. Funding Commitments During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024
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