Global Concentrated Solar Power Market : Emerging Trends, Major Key Players Abengoa and BrightSource Energy

According to the report, The global Concentrated Solar Power market size is expected to reach $ Billion by 2028 growing at the CAGR of 17.85% from 2021 to 2028. The major growth driver for the Concentrated Solar Power Market is the continuous improvement in the efficiency of solar power generation, which is important to reduce the cost of electricity generated by concentrated solar power. Although the efficiency of solar power generation is still far below that of fossil fuel-based power generation, the continuous improvement in the efficiency of solar power generation provides hope for market development

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global CONCENTRATED SOLAR POWER MARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Concentrated Solar Power Market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Concentrated Solar Power Market players holding highest market share include Abengoa, BrightSource Energy, Siemens and Acciona. These players partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Abengoa
• BrightSource Energy
• Siemens
• Acciona
• Aalborg CSP
• TSK FI
• ACWA POWER
• INITEC Energia
• Enel Spa
• Torresol energy

Segmental Analysis

Market Segment By Technology with focus on market share, consumption trend, and growth rate of CONCENTRATED SOLAR POWER MARKET :
o Solar Power Tower
o Linear Concentrating Systems
o Stirling Dish technology
o Others

Market Segment By Capacity with focus on market share, consumption trend, and growth rate of CONCENTRATED SOLAR POWER MARKET :
o Less than 50 MW
o 50 MW to 99 MW
o 100 MW and above

Market Segment By Operation Type with a focus on market share, consumption trend, and growth rate of CONCENTRATED SOLAR POWER MARKET :
o Stand-alone Systems
o With storage

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Global Concentrated Solar Power Market Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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