SolarReserve plans 2GW CSP plant in Nevada

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Large-scale solar developer SolarReserve has announced plans for the world's largest CSP plant. Source: SolarReserve

California’s SolarReserve has announced plans earlier this week to build the world’s largest solar project – an up to 2GW US$5 billion concentrated solar power (CSP) plant in Nevada.

The Sandstone array would require at least 100,000 mirrors and 10 towers, each with an accompanying molten salt system for energy storage purposes, according to SolarReserve CEO Kevin Smith.

In awe of the “big and ambitious” project, Smith told a local news outlet that the project could generate enough power, at a capacity between 1.5-2GW, to supply electricity to around one million homes. Although SolarReserve has already built an 110MW CSP plant in Tonopah worth US$1 billion, this latest venture would far exceed anything the company has ever done.

Moving forward, the company expects to locate a site, roughly 6,500 hectares, within the next six to nine months. A short-list of potential project sites has been made, with both final choices on federal land in Nye County.

Construction on the mammoth project is not likely to start before another two or three years, whilst the final logistics are settled. Once operational, Smith revealed that the project should create around 3,000 jobs. Funding for the project is expected to come from commercial financing, although the company is reportedly exploring federal loan programmes. However, subsidies for utility-scale CPS projects have recently been under scrutiny; following House Republicans reviewing federal loans in response to financial and environmental concerns triggered by Ivanpah.

In any event, no PPAs have been secured for Sandstone yet, but once they have, Smith expects the project to export most of its power to the California market.

Read Next

May 31, 2021
A round-up of the latest news from the US solar market, as Amber Infrastructure Group forms a Michigan-focused renewables development firm and Guzman Energy partners with Primergy Solar on a new Colorado PV project.
May 21, 2021
Maxeon Solar Technologies has closed a deal to supply approximately 1GW of its bifacial modules for the Gemini solar-plus-storage project in Nevada.
May 17, 2021
California could be at risk of energy shortfalls this summer because of above-normal temperatures impacting solar output, the North American Electric Reliability Corporation (NERC) has warned.
May 11, 2021
Solar-plus-storage is on offer from Swell Energy to Southern California Edison (SCE) customers enrolling in its two virtual power plant (VPP) programs, which are set to boost local resilience.
April 22, 2021
One-third of utility-scale solar set to come online in the US in the next two years will be in Texas, as the state catches up with California, according to new figures from the country’s Energy Information Administration (EIA).
April 20, 2021
Small-scale solar specialist CleanCapital has secured a US$300 million investment from Manulife Investment Management to help grow its asset portfolio.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021