SolarReserve Awarded Critical Permit For Two 100 MW Thermal Projects

Posted by SI Staff on March 28, 2012 No Comments
Categories : New & Noteworthy

SolarReserve, a Santa Monica, Calif.-based developer of large-scale solar power projects, says it has received its final 1041 permit from the Saguache County, Colo., board of county commissioners for its two 100 MW solar thermal energy facilities.

The project is located on private agricultural land about six miles northeast of the town of Center in Saguache County. When completed, each facility is expected to supply approximately 450,000 MWh of energy annually. SolarReserve will utilize its proprietary solar energy storage technology on the facilities.

According to SolarReserve, the project will create more than 450 direct jobs per facility at the peak of the 30-month construction period, as well as 45 to 50 permanent operations and maintenance jobs for each of the two power plants. In addition, the two-facility project has an annual operating budget estimated at more than $10 million for salaries and maintenance and is forecast to generate more than $30 million in sales and property tax revenues over the project's operating period.

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