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SolarReserve
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Short description

Developer of solar thermal energy storage technology for solar power plants

Founded in 2007
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Santa Monica, CA Santa Monica, United States
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Updated by Mary Grikas at SolarReserve on 06/24/2014

Edited by Cleantech Group on 02/17/2020

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  • 1 M&A items
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Date Company
06/30/2011

Feed-In Tariff Feed-In Tariff

SolarEdge is engaged in a 50/50 joint venture with Preneal to develop the Termosolar Alcázar project in Spain.

Confirmed by Feed-In Tariff

Partnerships
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Date Partner Type
12/12/2019
1414 Degrees 1414 Degrees
1414 Degrees completed the purchase of SolarReserve Australia II Pty Ltd, with the intention to rename it SiliconAurora Pty with a new board. The company plan to progressively increase the generation at the Aurora Project. This will limit capital servicing requirements while their technology is proved at increasing scale to more than 1,000 MWh.
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Confirmed by 1414 Degrees
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

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Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
10/25/2018 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding for further research and development of the solar thermal power technology.
Grant $2,000,000
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Lesedi and Letsatsi Projects

150 MW-DC of installed capacity, capable of powering more than 130,000 South African homes with clean energy.

Wide Commercial Availability Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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