LOS ANGELES, March 29, 2016 /PRNewswire/ -- EY yesterday announced that SolarReserve, with its Co-Founder and CEO Kevin Smith, is a semifinalist for the EY Entrepreneur Of The Year® 2016 Greater Los Angeles Region Award. Now celebrating its 30th year, the awards program recognizes entrepreneurs in over 145 cities and 60 countries who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. SolarReserve and Kevin Smith were selected by a panel of independent judges. Finalists will be announced Monday, May 9, and winners will be announced at a black-tie Awards Gala on Tuesday, June 21, with more than 700 Founders, CEOs and other business leaders in attendance, at the Beverly Hilton hotel in Beverly Hills, California.
SolarReserve is a leading global developer of utility-scale solar power projects with groundbreaking solar energy storage technology utilizing American innovation that can produce solar generated electricity 24 hours a day. The company's Crescent Dunes Solar Energy Project in Nevada is the first utility-scale solar power plant ever built in the world with fully integrated energy storage technology. Utilizing the sun's energy, and requiring no fossil fuels, the project delivers electricity on demand, much like a coal, oil, natural gas or nuclear power plant, except with zero emissions, no hazardous waste and low water use.
"It's been an incredible journey to commercialize this breakthrough technology, developed right here in California, and deploy it worldwide in a way that positively impacts local and global economies as well as the environment," said Kevin Smith. "I'm honored to be part of a remarkable organization dedicated to clean energy innovation, and fueled by everyone's passion to create markets around the world for deployment of renewable energy solutions that can meaningfully combat climate change."
Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year National Awards. Award winners in several national categories, as well as the overall national award winner, will be announced at the EY Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 19, 2016. The awards gala is the culminating event of the EY Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies.
Learn more about Kevin Smith's and SolarReserve's journey as an EY Entrepreneur Of The Year semifinalist by following @SolarReserve.
SolarReserve is a leading global developer of utility-scale solar power projects, which include electricity generation by solar thermal energy with innovative energy storage technology, as well as projects utilizing photovoltaic panels. The company has more than $1.8 billion of projects in operation worldwide, with development and long-term power contracts for 482 megawatts of solar projects representing $2.8 billion of project capital. Since the company's formation in early 2008, SolarReserve's experienced team has assembled a pipeline of almost 8,000 MW across the world's most attractive, high growth renewable energy markets. SolarReserve is headquartered in Santa Monica, California and maintains a global presence with seven international offices to support widespread project development activities across more than 20 countries.
For further information, contact:
Mary Grikas, (310) 315-2274
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
About EY's Strategic Growth Markets practice
EY's Strategic Growth Markets (SGM) practice guides leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.
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