SolarReserve’s Crossroads project obtains certification

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SolarReserve's 150MW Crossroads Solar Energy Project has received Certificates of Environmental Compatibility (CEC) from the Arizona Power Plant and Transmission Line Siting Committee. The project and its associated transmission line, which will utilize Pratt and Whitney Rocketdyne's molten salt, power tower technology, is located close to the town of Gila Bend in Maricopa County, Arizona and has the potential to generate 450,000MWh of electricity per year.

“We are pleased that the Arizona Power Plant and Transmission Line Siting Committee carefully evaluated the information we presented in our testimony, and unanimously approved the project-we could not have asked for a better outcome,” said Tom Georgis, vice president of SolarReserve.

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“We look forward to the next level of hearings with the Arizona Corporation Commission and will continue to work with Arizona stakeholders to bring this innovative technology to a state with such tremendous solar resources. This project would be a clear demonstration of American technology leadership generating clean, renewable energy while creating significant regional employment and economic benefits.”

When completed, the Crossroads facility project will have an annual budget of more than US$7 million and employ 45 full-time staff; its 10-year projected revenue figure is US$100 million.

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