Storing solar energy in molten salt then generating electricity using the heat is certainly an option. The question is whether the cost and efficiency of this sort of system is better or worse than a concentrator -> solar PV cell -> energy storage medium system. The devil, as they say, lies in the details.
If you see the Sunrgi and Morgan Solar devices linked above, these do rely on tracking but aren't by any means 'giant', both being pretty small devices and relatively cheap to produce.
Using pumped water for energy storage could prove troublesome where land is as flat as a pancake! Other storage approaches include the molten salts you mention, as well as flywheels and compressed air though I doubt how efficient some of these approaches can be.
We just need somebody to invent a cheap, reliable Ultracapacitor to help us with the energy storage. Unfortunately, EEstor are still keeping quiet and nobody really seems to believe their claims - if something seems too good to be true, it usually is.
If you see the Sunrgi and Morgan Solar devices linked above, these do rely on tracking but aren't by any means 'giant', both being pretty small devices and relatively cheap to produce.
Using pumped water for energy storage could prove troublesome where land is as flat as a pancake! Other storage approaches include the molten salts you mention, as well as flywheels and compressed air though I doubt how efficient some of these approaches can be.
We just need somebody to invent a cheap, reliable Ultracapacitor to help us with the energy storage. Unfortunately, EEstor are still keeping quiet and nobody really seems to believe their claims - if something seems too good to be true, it usually is.