SolarReserve spreads wings to Latin America

Thursday, April 18, 2013 0 comments

SolarReserve, a leading U.S.-based solar energy developer today announced the company's international expansion into the Latin American region through the opening of its office in Santiago, Chile. Continuing its ongoing efforts to provide cost-effective, clean energy solutions worldwide, SolarReserve is pursuing both large-scale concentrated solar power (CSP) and photovoltaic (PV) projects, with a special emphasis towards opportunities in the mining sector.

"SolarReserve's expansion into Latin America is a natural next step for our solar power plant development activities given the region's excellent solar resource, expansion of renewable energy policies and robust mining sector. We are thrilled to open an office in Santiago as the headquarters for our Latin America team who will be focused on developing a portfolio of greenfield projects as well as partnering with established energy and mining companies looking to utilize our advanced CSP technology," said Kevin Smith , SolarReserve's CEO.  

"Many Latin American countries have experience with renewable energy, particularly wind and hydro power, but solar projects are just now starting to move forward. SolarReserve's solar thermal technology with integrated molten-salt storage is unique in that it can offer a constant supply of electricity critical to mining operations and will also help stabilize the transmission grid as more intermittent renewable technologies reach higher penetration levels," Smith explained.

SolarReserve has expanded its global team with the hire of Jose Lobo as Director of Development for Latin America. Lobo will be based in the Santiago office and will lead SolarReserve's development activities for the region.  Lobo has more than 25 years of energy sector experience in power generation, project management and renewable energy project development; He previously held management positions at E-CL and Endesa.


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