SolarReserve

Crescent Dunes Concentrated Solar Power plant owner wants project back online by year’s end

The owners of the remnants of developer SolarReserve and the Crescent Dunes concentrated solar power project, Tonopah Solar Energy and Cobra Energy, have filed for Chapter 11 bankruptcy protection, according to a case filed in the U.S. Bankruptcy Court for the District of Delaware. The ill-fated project is the 110-MW [...]

New Concentrated Solar Power report offers learnings from Crescent Dunes flop

A new global Concentrated Solar Power report will help developers understand key failings at Crescent Dunes and other early plants and improve investor confidence in future projects, the US National Renewable Energy Laboratory (NREL) told New Energy Update. Crescent Dunes failings included faults in the first-of-a-kind salt storage system. As [...]

The closure of SolarReserve, an isolated case of the concentrated solar power industry

In 2016, when SolarReserve connected its 110 MW Crescent Dunes solar thermal power plant in the state of Nevada, it reached its peak as a company. But the enjoyment of reaching that peak could not be prolonged. And having spent almost four years from that moment, the company filed [...]

America’s Concentrated Solar Power Companies Have All but Disappeared

SolarReserve, one of America’s last remaining Concentrated Solar Power developers, appears to have ceased operations — just as some global markets may be warming up. The Crescent Dunes CSP project in Nevada has undershot expectations. (Credit: SolarReserve) There are fears for one of America’s last two remaining concentrated solar [...]

New hope for Port Augusta’s failed SolarReserve Concentrated Solar Power project

Port Augusta's failed solar thermal project has been revived by a South Australian company with big plans for the ill-fated Aurora site. Thermal energy storage company 1414 Degrees is set to acquire SolarReserve Australia, which owns the Aurora Solar Energy Project near Port Augusta and two solar sites in New [...]

Rebirth of SolarReserve’s 450 MW Likana Brings Concentrated Solar Power Supply Chain Hope for Chile

This week, the Cerro Dominador Group/EIG Global Energy Partners bought the Likana Concentrated Solar Power (CSP) project from US-based SolarReserve, which was unable to complete the project. SolarReserve had already developed Likana by accomplishing the preliminary work of siting and monitoring local DNI and taking it through Chile’s environmental permitting [...]

Molten salt storage in concentrated solar power plants could meet the electricity-on-demand role of coal and gas

The first thing you see of the Crescent Dunes Solar Energy Facility, and you can be miles away, is a light so bright you can't look directly at it. This sits atop a 640-foot cement tower, rising from the flat, empty Nevada desert around the halfway point on the [...]

SolarReserve’s Concentrated Solar Power technology with storage struggles to stay online

One of the US' two large concentrating solar power plants that have attached storage continues to have difficulties remaining online after going commercial almost four years ago. The 110-MW Crescent Dunes Concentrated Solar Power facility near Tonopah, Nevada, was offline most of the second quarter of this year, reporting [...]

Australia has big concentrated solar power future despite collapse of $650 million project

Australia still has a promising solar thermal technology future despite a major Concentrated Solar Power (CSP) project in South Australia failing because of financing issues. Energy expert Simon Currie says the emerging CSP industry can overcome the collapse of SolarReserve’s $650 million Aurora project near Port Augusta. Solar thermal technology [...]

SolarReserve to sell Aurora Concentrated Solar Power after failing to secure finance

SolarReserve is to sell its 150 MW Aurora CSP project near Port Augusta in South Australia after failing to secure financing for the project, the government of South Australia said in a statement April 5. The AU$650-million ($465-million) Aurora project was based on SolarReserve’s CSP tower technology and include eight [...]

SolarReserve to miss fin close deadline for 150-MW Australia Concentrated Solar Power project

SolarReserve has failed to secure in time funds for its 150-MW Aurora concentrated solar power (CSP) plant project in South Australia so it plans to sell it to a third party. The announcement was made by the South Australian government on Friday as a confirmation that the project will [...]

SolarReserve eyes 40% drop in heliostat costs within three years

New heliostat designs that combine greater automation with manufacturing and installation efficiencies could be commercially available within three years, David Haas, Director of Heliostat Development at SolarReserve and Principal Investigator on the group’s HelioSR3 research project, told New Energy Update. In October, the U.S. Department of Energy (DOE) awarded SolarReserve [...]

SolarReserve Receives $2.0 Million Award from U.S. Department of Energy to Advance American Innovation in Concentrated Solar Power Technology

SolarReserve, a leading worldwide developer of large-scale solar power projects and advanced solar thermal technology, announced it was selected to receive a $2.0 million award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to advance concentrating solar-thermal power (CSP) research and development. With energy storage technology [...]