[13] In 2014, SolarReserve acquired ownership from Rocketdyne of its intellectual property rights and patents specifically for molten salt technology for concentrated solar-thermal power and electricity storage, heliostat designs and collector field control systems.

[1] It has 10,347 tracking mirrors [15] (heliostats) that follow the sun and reflect and concentrate sunlight onto a heat exchanger, a receiver, atop a 640-foot (200 m) tower.

[16] In September, 2011, SolarReserve received a $737 million loan guarantee from the U.S. Department of Energy (DOE) for the project and broke ground.

[17] The project had a 25-year agreement with NV Energy for 100 percent of the electricity, but after multiple failures of its molten salt storage tanks, one resulting in an eight month outage,[18] it was terminated by NV Energy in October 2019 due to the project having "failed to produce.

[25] On 5 April 2019, South Australian Energy Minister Dan van Holst Pellekaan announced the cancellation of the project.

[28] At the 2017 auction, SolarReserve bid $63/MWh (¢6.3/kWh) for 24-hour CSP power with no subsidies, competing with other types such as LNG gas turbines.