Independent Power and Renewable Electricity Producers
Company Overview of SolarReserve, LLC
SolarReserve, LLC develops utility-scale solar power projects in the United States and internationally. The company engages in electricity generation by solar thermal energy and photovoltaic panels. It deploys development, engineering, finance, project management, operation and maintenance, and product development solutions. SolarReserve, LLC was incorporated in 2007 and is based in Santa Monica, California. It has additional offices in Africa, the Americas, the Asia-Pacific, the Middle East, and Europe.
2425 Olympic Boulevard
Suite 500 East
Santa Monica, CA 90404
Founded in 2007
Key Executives for SolarReserve, LLC
Chief Executive Officer and Director
Senior Vice President of Operations
Vice President and General Counsel
Senior Vice President of Development
Compensation as of Fiscal Year 2015.
SolarReserve, LLC Key Developments
Overseas Private Investment Corporation Partners with SolarReserve and ACWA Power to Develop South African Solar Energy Facility
Oct 20 15
Overseas Private Investment Corporation signed an agreement with SolarReserve and ACWA Power to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa. The Redstone project is a 100 megawatt (MW) clean energy facility that will be connected to the South African national grid. Using SolarReserve's cutting-edge CSP technology, Redstone's molten salt storage capability will deliver consistent baseload electricity, even after the sun sets. This is a critical development in a country where frequent power outages have been cited as an obstacle to economic growth. OPIC support to the Redstone project is also a significant milestone for President Obama's Power Africa initiative, of which OPIC is a key contributor. Power Africa aims to bring new power access to the more than 600 million sub-Saharan Africans currently living without energy access. OPIC's financing to the Redstone project helps fulfill both the U.S. commitment to clean energy in the developing world as well as South Africa's own goals through their Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), which aims to add 3,725 MW of clean power to South Africa's energy generation mix.
SolarReserve, LLC Presents at Energy and Mines' 3rd Annual Toronto Summit, Oct-23-2015 09:15 AM
Sep 30 15
SolarReserve, LLC Presents at Energy and Mines' 3rd Annual Toronto Summit, Oct-23-2015 09:15 AM. Venue: Toronto Marriott Downtown Eaton Centre Hotel, 525 Bay St, M5G 2L2, Toronto, Canada. Speakers: Joel Link, Vice President of Development.
Chilean Government Grants Environmental Approval to SolarReserve for Developing Solar Projects with Energy Storage
Aug 25 15
The Chilean government has granted environmental approval to SolarReserve to develop a major solar project with energy storage. The Copiapo Solar Project uses SolarReserve's proprietary solar thermal energy storage technology and is scheduled to reach commercial operation in 2019. It will deliver 260 megawatts of reliable, clean, non-intermittent baseload power 24 hours a day to consumers of the central interconnected system.
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