Global Concentrated Solar Power Market Discussed in New Aruvian's R'search Report Available at MarketPublishers.com11 Mar 2016 • by Natalie Aster
LONDON – The global market for concentrated solar power (CSP) is slated to demonstrate solid growth in the years to come. The CSP industry is expected to provide up to one quarter of the world’s energy needs by early 2050, while there is currently just under 670 MW installed CPS in the world and over 2,000 MW under development.
The solar field holds the lions’ share of any solar plant’s cost. This cost could vary from more than 42.5 percent to approximately 60 percent depending on the technology.
Innovations in the design of solar fields are expected to lead to significant reduction of the cost of energy by up to one third. “Cheaper” fossil fuel alternatives represent major competitors of clean energy, but the latter one represents the more profitable option.
The CSP marketplace must continue concentrating on lowering costs via deployment and improvement of technologies (efficiency in particular).Key reduction of the cost will be attained through capturing early deployment’s lessons.
New research report “Analyzing the Global Market for Concentrated Solar Power 2016” drawn up by Aruvian's R'search offers a detailed analysis of the world’s CSP marketplace. The study provides an all-round overview of solar power and CSP. It sheds light on types of CSP technologies and comprises a bird’s eye view of the global CSP market. The report estimates the industry size, discloses information on installed capacities and industry investments. The research study investigates industry trends and explores challenges the industry faces. It scrutinizes performance of key country markets and discusses impact of CSP on environment. The research report delves deep into the competition in this market and profiles top companies.
Companies mentioned in the study comprise: Sky Fuel Inc, Enel SpA, Abengoa Solar SA, Coolearth Solar, and more.
Analyzing the Global Market for Concentrated Solar Power 2016
Published: March, 2016
Price: US$ 1,100.00
More new reports by our market research partner are available at Aruvian's R'search page.