Big Concentrating Solar Tower Project in Nevada Gets DOE Loan Guarantee

Big Concentrating Solar Tower Project in Nevada Gets DOE Loan Guarantee

This post reports on the newly announced loan guarantees for the concentrated solar power (CSP) Crescent Dunes Solar Energy Project that is to be built in Nevada. This kind of solar power, because it is paired with a molten salt thermal energy storage capacity has the ability to be a load following generation source that is somewhat insulated from intermittency issues as well. For large concentrated solar thermal energy this decoupling of the energy collection from electricity generation makes a lot of sense, because the molten salt is already being used as the working fluid that captures the sun’s heat.