The Sandstone project will be a solar power plant complex with up to ten solar thermal towers, using the next generation of SolarReserve’s 24/7 baseload solar technology. Each tower will be 150-200 megawatts, with storage and fully dispatchable, each producing about 700,000 megawatt-hours per year. Times ten towers, this will total up to 2,000 megawatts of power capacity and 7,000,000 megawatt-hours of annual output – generating power when energy is most valuable, reducing cost and risk to customers. Each tower will have approximately 10 hours of full-load energy storage, totaling 20,000 megawatt hours of energy storage capability for the entire project. Sandstone will be built in Nevada, and connected to California’s and Nevada’s transmission systems. The first phase of the project will start construction in the next 2-3 years, once we have completed permitting, obtained a power purchase agreement (PPA), secured funding, and selected an EPC.
- Location: Nye County, Nevada
- Technology: SolarReserve’s proprietary CSP tower technology with Molten Salt Thermal Energy Storage
- Size: 2,000 megawatt facility output
- Storage: 10 hours of full load storage, totaling 20,000 megawatt hours of energy storage capability
- Electricity Production: 7,000,000 megawatt-hours of annual output – generating power when energy is most valuable, day and night
- Dry Cooling: Significantly reduces the use of water, saving millions of gallons of water each year
- Homes Powered: More than 1 million homes, day and night
- Fuel: SolarReserve's technology only uses the sun as its fuel, with no requirement for natural gas backup
An infrastructure project of this size would be a boon to the entire Western U.S. economy. We estimate:
- 3,000 construction jobs for 7 years of phased construction;
- Approximately 40,000 direct, indirect, and induced jobs across America;
- More than $5 billion of capital investment;
- 350 long-term, high-value operational jobs on site for 30 years or more;
- More than $100 million per year paid in salaries and operating costs; and
- Over $600 million in total tax revenues through the first 20 years of operation –supporting local municipalities, school systems, and police and fire departments.
The project would also address the need for a modern, reliable, cost-effective and clean electrical system. Specifically, the project would:
- Produce a massive amount (7,000,000 MWh/year) of firm renewable energy;
- Deploy 20,000 MWh of energy storage, stabilizing the grid;
- Provide a baseload solar resource capable of reliably addressing the “duck curve” challenges of high photovoltaic penetration in the Southwest;
- Support the expansion of a regional transmission system and Energy Imbalance Market through the participation of a responsive, dispatchable generator between Nevada’s and California’s systems;
- Produce zero emissions and have zero fuel price exposure for the facility’s 40+ year operational life; and
- Deliver energy and capacity at a lower cost than new natural gas facilities, and more cost-effectively than can be accomplished by combining intermittent renewables with batteries.
The project will also provide an enormous opportunity for U.S. content.
- Equipment and services will be procured nationwide
- Over 150 million square feet of glass will be U.S. sourced
- Assembly of over 150,000 heliostats (tracking mirror assemblies) will be completed in an on-site manufacturing facility that employs local workers
- Over a million cubic yards of concrete required for the project will be provided by local concrete suppliers
- Over 20,000 tons of structural steel will be U.S. sourced as will most of the piping, cabling, and valves
- The molten salt receivers will be manufactured in a high-tech facility in the U.S.
- More than $5 billion of capital investment
- More than $100 million paid in salaries and operating costs per year
- Over $600 million in total tax revenues through the first 20 years of operation
- 3,000 construction jobs for 7 years of phased construction
- More than 40,000 direct, indirect and induced jobs across the U.S.
- 350 long-term, high-value operational jobs on site for 30 years or more