SolarReserve Inks Deal With South Australia to Supply Solar Thermal Power With Storage for 6 Cents

By [email protected] SolarReserve, the California-based developer that bundles concentrating solar power towers, PV and molten-salt storage, won a contract to supply the South Australian government with dispatchable solar for between AUS 7.5 and 7.8 cents per kilowatt-hour.

That amounts to USD 6 cents per kilowatt-hour — a price lower than SolarReserve’s planned project in Copiapó, Chile, which was bid at USD 6.3 cents per kilowatt-hour earlier this year.

The Aurora project in South Australia features 8 hours of molten-salt storage; the Copiapó project in Chile features 13 hours of storage.

In the years since photovoltaics became the cheapest solar technology, concentrating solar power (CSP) developers

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