Windsor Locks, Connecticut [RenewableEnergyAccess.com] Hamilton Sundstrand, a subsidiary of United Technologies Corp., and US Renewables Group have reached an agreement to commercialize the company’s Concentrated Solar Power (CSP) tower technology and corresponding molten salt storage system developed by Rocketdyne under the name SolarReserve. United Technologies acquired Rocketdyne in 2005.
SolarReserve will hold the exclusive worldwide license to market and operate utility-scale CSP projects using molten salt technology and equipment developed and manufactured by HS Rocketdyne. According to Hamilton Sundstrand, this technology will be capable of producing up to 500 megawatts of peak power. The high heat flux hardware of the system’s central receiver is a combination of liquid rocket engine heat transfer technology and molten salt handling expertise.“Due to the unique ability of the product to store the energy it captures, this system will function like a conventional hydroelectric power plant, but with several advantages. We will have the capability to store the sun’s energy and release it on demand. This product is more predictable than water reserves, the supply is free and inexhaustible, and the environmental impact is essentially zero,” said Lee Bailey, managing director of US Renewables Group.