Accelerating the Future...
- Award Categories: Energy & Power
- Award Year: 2018
- Nominee URL: http://www.solarreserve.com/en/technology
SolarReserve is solving the problem of meaningfully and cost-effectively storing intermittent renewable energy, so it can be reliable and available to meet electricity demand whenever needed, day and night. Our patented technology captures and stores solar energy in molten salt, providing power utilities and energy intensive entities with 24/7 reliable, non-intermittent renewable energy. Molten salt tower receiver with integrated thermal energy storage leads the concentrating solar-thermal power (CSP) industry in terms of efficiency, reliability and cost. The technology provides both energy generation as well as bulk energy storage at a price competitive with conventional generation in many markets.