This document discusses the development of alkali chlorides as heat transfer fluids for concentrated solar power plants with the addition of nanoparticles. It aims to increase the operating temperature of CSP plants from the current 300-500°C to around 700°C to improve efficiency. Conventional heat transfer fluids and storage materials decompose below 400°C. Alkali chlorides are more thermally stable at higher temperatures but have poor thermal properties. The author develops a binary eutectic chloride mixture of lithium chloride and potassium chloride with 2% silicon oxide nanoparticles, which shows around a 15% enhancement in heat capacity. This could help commercialize these heat transfer fluids and reduce the cost of solar electricity production.