The Concentrating Solar Power (Csp) Market Will See A Capital Expenditure (Capex) Of $12,568 Mn In 2018

02 August 2018
Energy

The Concentrating Solar Power (Csp) Market Will See A Capital Expenditure (Capex) Of $12,568 Mn In 2018

Visiongain’ has launched a new energy report The Concentrating Solar Power (CSP) Market Forecast 2018-2028: Forecasts (CAPEX & Capacity) By Technology (Parabolic Trough, Fresnel Reflector, Solar Tower & Solar Dish) And By Geography Plus Profiles of Leading Companies in the Concentrating Solar Power Market

The Concentrating solar power (CSP) is a power generation technology which uses mirrors to concentrate energy from the sun which drives steam turbines and generators to produce electricity. The four major CSP technologies comprise of a parabolic trough, linear Fresnel reflector, solar tower and solar dish. The CSP technology has an ability to store energy so as to provide electricity as and when required and thus help reduce the development cost of new power plants. This can be beneficial to meet future demand for electricity.

Government incentives for CSP industry encourage the growth of CSP market. Several countries including China, US, India introduced feed-in tariff, federal incentives, tax benefits to promote CSP projects.

Growing concerns about depletion of fossil fuel and strict government regulations regarding carbon footprint reduction will drive the CSP market. In addition to industrialization, lack of infrastructure in developing countries and rising consumption of electricity.

The visiongain report analyst commented “Concentrating Solar Power Market is expected to witness a high growth on account of increasing electricity and sustainable energy demand. Favourable measures by the government to facilitate clean energy supply will boost the demand for Concentrating Solar Power globally. In addition, governments aim to provide reliable and continuous electric supply will positively impact the product penetration over the coming years.”

Leading companies featured in the report who are involved in Concentrating Solar Power (CSP) include BrightSource Energy Inc., Abengoa Solar SA, eSolar, Acciona, Solar Millennium AG, Siemens AG, SCHOTT AG, TSK Group, NextEra Energy Resources, LLC, SolarReserve, LLC, Novatec Solar, Lointek, ACWA Power, ENGIE Group, General Electric Company and Grupo COBRA.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Geothermal Power Market Report 2021-2031

Low operating costs associated with geothermal electricity generation drove the market during the historic period. Low operating costs associated with geothermal power encouraged many companies to invest in this market, contributing to the market growth.

06 January 2021

Read

Visiongain Publishes Flywheel Energy Storage Systems Market Report 2021-2031

High demand for long lasting, reliable, and ecologically sound energy storage systems to support advanced energy storage applications is expected to drive the demand for FESS. FESS is anticipated to witness high traction in electric vehicle application over the coming years, on account of its high power density, faster charging and low environmental impact.

11 December 2020

Read

Visiongain Publishes Tire Derived Fuel (TDF) Market Report 2021-2031

The comprehensive report offers market estimation and forecast for the period ranging 2021-2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of global tire derived fuels.

11 December 2020

Read

Visiongain Publishes Oil & Gas Pipeline Leak Detection Market Report 2021-2031

The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.

25 November 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever