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Creating Solid Green Jobs in Solar Thermal Power to be filled by Nevada Workers

Creating Solid Green Jobs in Solar Thermal Power to be filled by Nevada WorkersSolarReserve today announced the opening of its new office in Las Vegas for staff leading development and construction of a 100-megawatt utility-scale solar thermal plant located near the town of Tonopah, in Nye County. In addition to the Tonopah project, the new office staff will pursue additional solar development opportunities in Nevada.

Utilizing an advanced molten salt system technology, the Crescent Dunes Solar Energy Project at Tonopah has the ability to store 10 hours of solar energy and consequently has the capacity to generate electricity during cloud cover or after the sun has gone down. The plant also has the ability to shift power production to meet peak demand periods. This energy storage capability provides a stable, reliable electricity product similar to that of conventional fuel-burning power facilities, but without the associated harmful emissions.

When completed, the Crescent Dunes solar project will supply approximately 480,000-megawatt hours annually of clean, renewable electricity–enough to power up to 75,000 homes during peak electricity periods utilizing its innovative energy storage capabilities.

“Opening our Nevada office is meaningful because it represents not only another step toward the completion of our project but also illustrates a commitment to expanding our presence in Nevada,” said Kevin Smith, SolarReserve’s CEO. “We view Nevada as a hub for solar power development–with SolarReserve planning to build utility scale solar plants utilizing technology that was developed here in the U.S., creating solid jobs and using Nevada’s workforce to fill those jobs.”

“Nevada is an ideal state to develop solar thermal power plants given its high solar resource, skilled labor pool, along with the state’s and NV Energy’s commitment to renewable energy,” said Smith. “Las Vegas is the right location for our new office to support project development and construction efforts. SolarReserve is also exploring options for supply chain sourcing from Las Vegas, which would further add to local job creation and economic benefits for the area.”

In July, SolarReserve learned NV Energy had received approval from the Public Utilities Commission of Nevada regarding its 25-year purchase power agreement for the sale of electricity from the Tonopah facility. SolarReserve expects to receive environmental approvals and commence constructions by the end of 2010.

About SolarReserve

SolarReserve LLC, headquartered in Santa Monica, California, is a solar energy technology and project development company and holds the exclusive worldwide license to the molten salt, solar power tower technology that has been developed by Pratt & Whitney Rocketdyne, a division of United Technologies Corporation. Since its formation in late 2007, SolarReserve’s team of power project professionals have assembled a development portfolio of more than 25 projects featuring its licensed solar power technology with potential output of more than 3,000 megawatts in the United States and Europe; with early stage activities in Latin America, Africa, the Middle East, and Australia. SolarReserve’s experienced management team has previously developed and financed more than $15.0 billion in renewable and conventional energy projects in more than a dozen countries around the world.

SolarReserve’s molten salt, concentrating solar power tower technology was successfully demonstrated in California under a U.S. Department of Energy-sponsored pilot project in the late 1990s. The 10-megawatt pilot facility utilized a molten salt receiver that was designed, engineered and assembled by Rocketdyne, now a part of United Technologies Corporation.

For more information about SolarReserve:

Creating Solid Green Jobs in Solar Thermal Power to be filled by Nevada Workers Tags: California, clean energy jobs, Concentrating, concentrating solar power, construction efforts, crescent dunes, economic benefits, electricity product, energy storage, green jobs, harmful emissions, job creation, labor pool, megawatt hours, peak demand periods, peak electricity, renewable electricity, salt system, solar development, solar energy, solar energy project, solar energy technology, solar power technology, solar power tower, solar project jobs, solar resource, solar thermal, solar thermal jobs, solar thermal plant, solar thermal power, storage capabilities, storage capability, thermal power plant, thermal power plants, workforce

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