Completion of Molten Salt Solar Receiver sets Milestone in Nevada Concentrated Solar Power Project Construction

SolarReserve’s U.S. developed technology represents leading solar thermal technology worldwide; integrated energy storage provides reliable and zero-emissions electricity, day or night.

SolarReserve, a U.S. developer of large-scale solar power projects, today announced completion of the assembly of the molten salt receiver panels that sits on top of the 540 foot solar power tower for its 110 megawatt (MW) Crescent Dunes Solar Energy Plant located near Tonopah, Nev. Utilizing the most advanced solar thermal technology worldwide, the Crescent Dunes Plant will be the nation’s first commercial-scale solar power tower facility with energy storage and the largest power plant of its kind in the world.

“With more than 450 construction workers currently on site, the project is on course to bring American innovation to fruition,” said Kevin Smith , CEO of SolarReserve. “The energy storage capability of this technology solves the problem of intermittency typical of other renewable energy sources. Additionally, because of it high efficiency, this technology can generate almost twice as much energy as a comparably sized solar facility, including facilities powered by photovoltaic panels or by a direct steam tower.”

The project will utilize technology developed in the U.S. by SolarReserve and its technology partners to capture and store the sun’s energy in order to deliver a firm electricity supply to Nevada, day or night, without the need to burn fossil fuels.