skip to Main Content

SolarReserve’s 110-MW CSP plant in Nevada to get tax-equity investment

February 26 – SolarReserve Inc’s 110-MW Crescent Dunes concentrated solar power (CSP) project in Nevada is set to receive tax-equity investment from three international companies.

An application for authorisation of the transaction was filed on Wednesday with the Federal Energy Regulatory Commission (FERC). The investment is to come from subsidiaries of One Financial Corp, Mitsubishi UFJ Financial Group Inc and Toyota Tsusho Corp. Its value was not announced.

Tax-equity investments are common in the US renewables sector and are attractive to investors with large tax obligations.    

The CSP plant is located near Tonopah and generated its first test electricity in the autumn of 2015. The project has passed the test to reach full commercial operation under its 25-year power purchase agreement (PPA) with electric utility NV Energy, according to a recent press release.

The plans are the facility to ramp up to its full annual output over the coming year. Its solar energy storage technology uses tracking mirrors, known as heliostats, to focus the sun’s energy onto a receiver to directly heat molten salt and then store it so electricity can be produced day and night.

Recommends:

10000mAh Solar Charger Portable Dual USB Shockproof Solar Power Bank/ Backup Battery Charger; Solar Powered Phone Charger for iPhone iPod iPad Samsung HTC Blackberry and GPS Tablets Camera (Black)
Kindly note the solar panel is only design for emergency, not a primary source of charging. Solar is mianly for topping off the un…

Solar Charger, Solar Power Bank 10000mAh with Phone Dock & Flashlight Function ; Shockproof Rain-proof Dual USB Solar Panel for iPhone, iPad mini, iPod, Samsung Smart Phones and Tablets, Camera
Kindly note the solar panel is only design for emergency, not a primary source of charging. Solar is mianly for topping off the un…

Bienna 15000mah Solar Panel Charger with 8 LED Flashlight,External Battery Pack Power Bank,Dual USB Port Portable Charger for Cell Phone,Tablet (ismart Technology,Water Resistant,Yellow)
Dual USB Charger Ports The Power Bank is equipped with two charging ports and can be used for different devices.Compatible with mo…

Solar Cell Phone Charger, Grandbeing® 15000mAh Solar Power Bank Portable Dual USB Outdoor External Battery Pack for iPhone, Samsung, HTC, Nexus Smartphone, Gopro Camera, GPS and Tablets, Black
Grandbeing® 15000mAh Solar Power Bank Portable Dual USB Outdoor External Battery Pack for iPhone 6s Plus, 6s, 5s, Samsung S6 Edge…

Solar Power Bank

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top