SolarReserve is a Santa Monica, California based company that develops utility-scale concentrating solar power plants with integrated molten salt thermal energy storage technology. It was initially founded in early 2008 by US Renewables Group in partnership with United Technologies Corporation

United Technologies Corporation

United Technologies Corporation is an American multinational conglomerate headquartered in the United Technologies Building in Hartford, Connecticut...

 (UTC). UTC's subsidiary Rocketdyne

Rocketdyne

Rocketdyne was a Rocket engine design and production company headquartered in Canoga Park, California, United States. The company was related to North American Aviation for most of its history. NAA merged with Rockwell International, which was then bought by Boeing in December, 1996...

 provides and guarantees the performance of the major solar component hardware, and SolarReserve holds the exclusive worldwide license to develop concentrating solar power plants using Rocketdyne technology. Rocketdyne

Rocketdyne

Rocketdyne was a Rocket engine design and production company headquartered in Canoga Park, California, United States. The company was related to North American Aviation for most of its history. NAA merged with Rockwell International, which was then bought by Boeing in December, 1996...

 developed the solar receiver for the US Department of Energy's Solar One and Solar Two projects, and has significant technology and operating expertise in extreme heat flux environments (rocket engines) and the use of molten metals (Na and NaK cooled nuclear reactors).

In September 2008 the company raised an additional $140 million in a Series B funding.

See also

• Concentrating solar power
• List of concentrating solar thermal power companies