Nevada's Crescent Dunes CSP project that includes molten salt storage goes belly up

Renewable Energy World: The owner of DOE-backed Crescent Dunes solar power project in Nevada has filed for bankruptcy. Developer Tonopah, a subsidiary of SolarReserve, signed a 25-year PPA with NV energy back in 2009, before the project was built. It was slated to the first concentrating solar power (CSP) projects paired with molten salt energy storage in the U.S. and was selling energy at a price of 13.5 cents per kilowatt-hour. (Today that price is closer to 3 or 4 cents per kWh).

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