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Vast collapse puts the VS1 project on the line

Administrators hunt buyers for government-backed Port Augusta solar plant

Rueben Hale
VS1 ran for 32 months — now its future is uncertain after Vast’s collapse.

VS1 ran for 32 months — now its future is uncertain after Vast’s collapse. | Credits: Vast Energy

Vast Renewables, the hybrid solar developer awarded an $180m government grant last year, has entered voluntary administration amid mounting financial strain across the clean energy sector. KPMG, as...

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