There was a lot of interest and excitement about it a while ago, maybe 15 years ago. What made people generally turn away from it was simply that silicon solar cells and panels got less expensive really fast, so even though when solar thermal electric power projects looked like they'd be competitive, by the time they were finished, the silicon solar cells were so much cheaper that they were no longer competitive.

However, the need for storage is leaving to renewed interest: storing heat can be cheaper than storing electricity.