Vast Secures AUD 700,000 Grant from Australia-Singapore Initiative for Decarbonising Shipping to Progress World-First South Australia Solar Fuels Project
SYDNEY, Australia, 26th March 2025 – HyFuel Solar Refinery Pty Ltd, a subsidiary of Vast Renewables Limited (Vast) (Nasdaq: VSTE), has been awarded AUD 700,000 through the Australia-Singapore Low Emissions Technologies (ASLET) initiative for maritime and port operations. The funding will progress the development of South Australia Solar Fuels (SA Solar Fuels), a world-first sustainable fuels project collaboration between Vast and global energy company Mabanaft.
