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SolarReserve
SolarReserve was a developer of utility-scale solar power projects which include Concentrated Solar Power (CSP) and Photovoltaic (PV) technology. The company has commercialized solar thermal energy storage technology that enables solar power tower CSP plants to deliver electricity day and night. In this technology, a molten salt is used to capture the energy from the sun and store it. When electricity is needed, the stored liquid salt is used to turn water into steam to turn a turbine and generate electricity.WIRED, The WindowCrescent Dunes Solar Energy Project Part 1: The Facility-The Window-WIRED/ref> As of May 2015, SolarReserve has developed and secured long-term power contracts for 482 megawatts (MW) of solar projects representing $2.8 billion of project capital, with a development pipeline of more than 6.6 gigawatts (GW) globally. SolarReserve reached its lowest price yet at ¢6.3/kWh for the 2019 Copiapó Solar Project. By 2020, the company had ceased operations. An affil ...
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Crescent Dunes Solar Energy Project
The Crescent Dunes Solar Energy Project is a solar thermal power project with an installed capacity of 110 megawatt (MW) and 1.1 gigawatt-hours of energy storage located near Tonopah, about northwest of Las Vegas. Crescent Dunes is the first commercial concentrated solar power (CSP) plant with a central receiver tower and advanced molten salt energy storage technology, following the experimental Solar Two. Startup energy venture company SolarReserve, created via seed funding US Renewables Group and United Technologies, was the original owner of Tonopah Solar Energy LLC, the owner and operator of the Crescent Dunes plant. The Crescent Dunes project was subsequently backed by a $737 million in U.S. government loan guarantees and by Tonopah partnering with Cobra Thermosolar Plants, Inc. The overall venture had a projected cost of less than $1 billion. The plant suffered several design, construction and technical problems and, having not produced power since April 2019, its ...
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Copiapó Solar Project
The Copiapó Solar Project is a 390 megawatt (MW) net solar thermal power project to be located near Copiapó, about 65 kilometers east of the coastal town of Caldera. The project is being developed by SolarReserve, and is scheduled to reach commercial operation in 2019. The Copiapó project will comprise two 120 megawatt (MW), 130 MW gross) solar thermal towers with up to 14 hours thermal storage, combined with 150 MW of PV. The hybrid project will deliver over 1,700 gigawatt-hours (GW·h) annually, as non-intermittent baseload power, 24 hours a day. The project uses heliostat mirrors that collect and focus the sun's thermal energy to heat molten salt flowing through a solar power tower. The molten salt circulates from the tower to a storage tank, where it is then used to produce steam and generate electricity. Excess thermal energy is stored in the molten salt and can be used to generate power for up to fourteen hours, including during the evening hours and when direct su ...
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Aurora Solar Thermal Power Project
Aurora Solar Thermal Power Project was a planned solar power tower solar thermal power plant to be located north of Port Augusta in South Australia. It was planned to generate 150 MW of electricity after it was completed in 2020. Storage capacity would have been up to 8 hours at full power. The facility was expected to produce 495 GWh of electricity annually. It was to be north of Port Augusta on Carriewerloo Station. On 5 April 2019, South Australian Energy Minister Dan van Holst Pellekaan announced the cancellation of the project. Project announcement and original timeline Then premier of South Australia, Jay Weatherill announced on 14 August 2017 that construction would commence in 2018 and was expected to be completed in 2020. It was expected to cost to build, including a loan from the Federal Government. SolarReserve had a contract to supply all of the electricity required by the state government's offices from this power project. The plant received formal dev ...
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Redstone Solar Thermal Power
Redstone Solar Thermal Power (RSTP) is a solar power tower with molten salt energy storage, located in Postmasburg, near Kimberley, in the Northern Cape Region of South Africa. Redstone will have a capacity of 100 megawatts (MW) to deliver power to 200,000 people and was awarded in bid window 3.5 of the REIPPP at a strike price of 122.3 ZAR/KWh including time of day pricing in 2015. The project was initially based on the technology of now bankrupt Solar Reserve, but was delayed for several years because the PPA was not signed by Eskom until 2018. After the project was revived the plant is now under construction and the technology will be provided by Brightsource and John Cockerill, as demonstrated in the Noor Energy 1 project in the UAE. Announcement in 2015 In January 2015, the South Africa Department of Energy awarded the RSTP project to a consortium led by SolarReserve and the Arabian Company for Water and Power Development (ACWA Power). The project wa ...
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Concentrated Solar Power
Concentrated solar power (CSP, also known as concentrating solar power, concentrated solar thermal) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight into a receiver. Electricity is generated when the concentrated light is converted to heat (solar thermal energy), which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction. CSP had a global total installed capacity of 6,800 Megawatt, MW in 2021, up from 354 MW in 2005. Solar power in Spain, Spain accounted for almost one third of the world's capacity, at 2,300 MW, despite no new capacity entering commercial operation in the country since 2013. The United States follows with 1,740 MW. Interest is also notable in North Africa and the Middle East, as well as China and India. The global market was initially dominated by parabolic-trough plants, which accounted for 90% of CSP plants at one point ...
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Solar Power Tower
A solar power tower, also known as 'central tower' power plant or 'heliostat' power plant, is a type of solar furnace using a tower to receive focused sunlight. It uses an array of flat, movable mirrors (called heliostats) to focus the sun's rays upon a collector tower (the target). Concentrating Solar Power (CSP) systems are seen as one viable solution for renewable, pollution-free energy. Early designs used these focused rays to heat water, and used the resulting steam to power a turbine. Newer designs using liquid sodium have been demonstrated, and systems using molten salts (40% potassium nitrate, 60% sodium nitrate) as the working fluids are now in operation. These working fluids have high heat capacity, which can be used to store the energy before using it to boil water to drive turbines. These designs also allow power to be generated when the sun is not shining. Cost In 2021, the US National Renewable Energy Laboratory (NREL) estimated cost of electricity from concent ...
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Port Augusta
Port Augusta is a small city in South Australia. Formerly a port, seaport, it is now a road traffic and Junction (rail), railway junction city mainly located on the east coast of the Spencer Gulf immediately south of the gulf's head and about north of the state capital, Adelaide. The suburb of Port Augusta West, South Australia, Port Augusta West is located on the west side of the gulf on the Eyre Peninsula. Other major industries included, up until the mid-2010s, electricity generation. At June 2018, the estimated urban population was 13,799, Estimated resident population, 30 June 2018. having declined at an average annual rate of -0.53% over the preceding five years. Description The city consists of an urban area extending along the Augusta Highway, Augusta and Eyre Highways from the coastal plain on the west side of the Flinders Ranges in the east across Spencer Gulf to Eyre Peninsula in the west. The urban area consists of the suburbs, from east to west, of Port Augusta an ...
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South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories by area, and second smallest state by population. It has a total of 1.8 million people. Its population is the second most highly centralised in Australia, after Western Australia, with more than 77 percent of South Australians living in the capital Adelaide, or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 33,233. South Australia shares borders with all of the other mainland states, as well as the Northern Territory; it is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria, and to the south by the Great Australian Bight.M ...
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Dan Van Holst Pellekaan
Daniel Cornelius van Holst Pellekaan is a former Australian politician, representing the South Australian House of Assembly seat of Stuart for the South Australian Division of the Liberal Party of Australia from 2010 state election until he lost the seat in the 2022 state election. Van Holst Pellekaan was the Deputy Premier of South Australia between November 2021 and March 2022, and served as the Minister for Energy and Mining in the Marshall Ministry between 2018 and 2022. Early life and education Van Holst Pellekaan was born in Canberra, to a Dutch father who had emigrated to Australia at the age of two. The family moved to Washington D.C. when his father was offered a position at the World Bank, and Dan attended the Maret School. He was active in sport, playing American football and basketball for Maret, and later moved to Canada to study and play basketball at the University of Toronto. He moved back to Australia when he was recruited by the Hobart Devils basketball ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ...
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Copiapó
Copiapó () is a city and commune in northern Chile, located about 65 kilometers east of the coastal town of Caldera. Founded on December 8, 1744, it is the capital of Copiapó Province and Atacama Region. Copiapó lies about 800 km north of Santiago by the Copiapó River, in the valley of the same name. In the early 21st century, the river has dried up in response to climate change and more severe droughts. The town is surrounded by the Atacama Desert and receives 12 mm (½ in) of rain per year. The population of Copiapó was 9,128 in 1903; and 11,617 in 1907. As of 2012, there are 158,438 inhabitants. Copiapó is in a rich silver and copper mining district. A bronze statue commemorates Juan Godoy, discoverer of the Chañarcillo silver mines in the 19th century. The Copiapó-Caldera railway line, built in 1850, was the first one in South America. The first section between Caldera and Monte Amargo was inaugurated on July 4, 1850 in honor of the Independence Day, as A ...
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