The remaining project cost was financed by SolarReserve, the Spanish engineering and construction company ACS Cobra, and the Spanish banking firm Santander.
Photographer: Jamey Stillings The Crescent Dunes solar plant looks like something out of a sci-fi movie. Alleging a takeover of Tonopah Solar Energy by the Pending approval of the bankruptcy court, a $200 million settlement with the remaining debtors — Tonopah Solar Energy LLC and ACS Cobra — for the return of taxpayer dollars was announced in July 2020.Excess thermal energy is stored in the molten salt and could be used to generate power for up to ten hours, including during the evening hours and when direct sunlight is not available.Maximum actual energy output that accounts for maintenance (i.e., The first three months of 2019 (January, February and March) showed good progression, topping all previous monthly data, but in April the plant was shut down because the project's sole buyer, NV Energy, terminated the Power Purchase Agreement for failure to produce the contracted power production.
Crescent Dunes was the first concentrated solar power (CSP) plant with a central receiver tower and advanced molten salt energy storage technology from SolarReserve. Business company TONOPAH SOLAR ENERGY, LLC is a legal entity registered under the law of State Nevada. The power generated also cost NV Energy about $135 per megawatt-hour, compared with less than $30 per MWh available from a new Nevada photovoltaic solar farm.2012 January - The solar tower under construction as seen from a commercial airliner. The company's line of business includes providing plumbing, heating, air-conditioning, and similar work.2425 Olympic Blvd The titular Crescent Dunes are at lower right.
Developed by SolarReserve and owned by Tonopah Solar Energy, the Crescent Dunes project was anticipated to cost less than $1 billion and was backed by a $737 million in U.S. government loan guarantees.In late September 2011 Tonopah Solar Energy received a $737 million Ground was broken on the project in September 2011.NV Energy—the project's sole customer—terminated its contract in October 2019 on the basis of the project having "failed to produce." Julianne Boden/Department of Energy The Crescent Dunes Solar Energy Facility near Tonopah. But according to the last three quarterly reports filed by the parent of the plant, Tonopah Solar Energy LLC with the Federal Energy Regulatory Commission, the plant’s earnings show a downward trend. The Crescent Dunes Solar Energy Project is a 110 megawatt (MW) net solar thermal power project with 1.1 gigawatt-hours of energy storage, located near Tonopah, about 190 miles (310 km) northwest of Las Vegas.
2014 August - Completed site as seen from a commercial airliner. Santa Monica, CA 90404 In 2008, an affiliate of SolarReserve formed Tonopah Solar Energy as an LLC to develop, own and operate the 110 megawatt solar thermal plant with molten salt storage in Central Nevada. This legal entity was firstly registered on 28th February 2008 under the legal form of Foreign Limited-Liability Company. United States
In September 2011, Tonopah Solar Energy received a $737m loan guarantee from the US Department of Energy (DOE) to finance the construction of the Crescent Dunes solar power plant.
The company's line of business includes providing plumbing, heating, air-conditioning, and similar work.
Crescent Dunes Solar Energy Project near Tonopah reported $106,451 in profits during the second quarter of 2019, according to the report filed with Federal Energy Regulatory Commission. Tonopah Solar Energy LLC Tonopah Solar Energy, LLC was founded in 2011.
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