SolarReserve received environmental approval from the Chilean government to build the 390 MW solar thermal power station with 5.1 GW of energy storage. The Likana Solar Energy Project in the Antofagasta region of Chile will be able to deliver 390 MW of continuous output at a capacity factor equal to a fossil-fuel power plant. The project will have three 130 MW solar thermal towers, with 13 hours of energy storage per tower. This is SolarReserve’s third approval for this project to provide cost-competitive firm power to Chile’s electricity grid.
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