SolarReserve to Use United Technologies Solar-Thermal System

Oct. 3 (Bloomberg) -- SolarReserve LLC, which received a $737 million U.S. Energy Department loan guarantee for a solar- thermal project in central Nevada, will use hardware from United Technologies Corp.

The 110-megawatt Crescent Dunes plant near Tonopah will generate enough electricity to power about 75,000 homes, United Technologies’ Canoga Park, California-based Pratt & Whitney Rocketdyne unit said today in a statement. The system uses mirrors to focus sunlight and heat molten salt, which generates steam to drive a turbine. SolarReserve has an exclusive license for the United Technologies solar-thermal system.

Link to Statement:{NSN LSHZF33T6SQO <GO>}

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net