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Concentrated Solar Power Industry Showing Impressive Growth during Forecast Period 2022 - 2031

03-10-2023 04:00 AM CET | Energy & Environment

Press release from: Global Insight Services

Concentrated Solar Power

Concentrated Solar Power

Concentrated solar power (CSP) technology uses mirrors or lenses to concentrate sunlight onto a small area to produce heat. This heat is then used to generate electricity in a steam turbine or engine. CSP systems can be used to power a single home or business, or they can be used on a much larger scale to power entire cities.

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Key Players
Abengoa Solar
BrightSource Energy
First Solar
SolarReserve
Schott Solar
Solar Millennium
Solel
ACS Cobra
Acciona
Areva Solar
SunPower

Market Segments
By Technology:

Solar Power Tower
Linear Concentrating Systems
Stirling Dish technology
By Operation Type:

Stand-alone Systems
With Storage

Read more about Concentrated Solar Power market here: https://www.globalinsightservices.com/reports/concentrated-solar-power-market/

CSP technology has a number of advantages over other renewable energy technologies. CSP plants can be designed to store heat energy, which can then be used to generate electricity even when the sun is not shining. This makes CSP an ideal technology for providing baseload power. CSP plants can also be designed to provide dispatchable power, which means they can be turned on and off as needed to meet changing electricity demand.

CSP technology also has a number of disadvantages. CSP plants require a large amount of land, and they can have significant environmental impacts. In addition, CSP technology is still relatively new and expensive, and it is not yet widely deployed.

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Key Trends
The main advantage of CSP over other solar power technologies is that it can be used to store energy, in the form of heat, which can then be used to generate electricity even when the sun is not shining. This makes CSP an attractive option for providing power at night or during periods of cloudy weather.

A number of different CSP technologies are currently in use or under development. The most common are parabolic troughs, solar towers, and parabolic dishes.

Parabolic troughs are the most mature CSP technology, with commercial plants in operation for over 20 years. They consist of long, curved mirrors that focus sunlight onto a receiver tube, which contains a fluid that is heated to a high temperature. The hot fluid is then used to generate steam, which drives a turbine to produce electricity.

Solar towers use a large number of mirrors (heliostats) to focus sunlight onto a receiver at the top of a tower. The receiver contains a fluid that is heated to a high temperature, which is then used to generate electricity.

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With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm
headquartered in Delaware, US. We are committed to providing our clients
with highest quality data, analysis, and tools to meet all their market research
needs. With GIS, you can be assured of the quality of the deliverables, robust
and transparent research methodology, and superior service.

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