There are fears for one of America’s last two remaining concentrated solar power developers as the embattled sector attempts to pivot to a new business model abroad.
SolarReserve, which developed the 110-megawatt Crescent Dunes concentrated solar power (CSP) plant in Nevada, is thought to have halted operations after losing its only income-generating U.S. contract and selling foreign projects including Aurora in Australia and Likana in Chile last year.
The company could not be reached by email or phone this month, and its website was no longer active. Industry veteran Luis Crespo, president of Spanish CSP association Protermosolar, told GTM he believes SolarReserve is no longer operational and its assets have been sold off as part of a liquidation.
