Concentrated Solar Power Market Analysis Industry Size Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects

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

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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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