Concentrated Solar Power Market (CSP) Worth $53.7 Billion by 2020, Forecasts a New Research Report at ReportsnReports.com

Concentrating Solar Power (CSP) Systems: Market Shares, Strategies, and Forecasts Worldwide, 2014 to 2020, a new research report added to ReportsnReports.com store.

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Dallas, Texas (PRWEB) April 01, 2014

Concentrated Solar power markets at $1.3 billion in 2013 are anticipated to reach $53.7 billion by 2020 because the systems are able to be built at utility scale and to provide 24 x 7 solar renewable energy power. Campus stationary fuel cell power is mature and available to act as a backup power source for CSP, creating greater capabilities and a better story for justifying the build out of CSP.

The 2014 study has 436 pages, 190 tables and figures. Worldwide markets are poised to achieve significant growth as the Concentrated Solar Power (CSP) integrates molten salt storage technologies and leverages the existing steam electrical power generating capacity.

The concentrated solar power market is set to explode despite environmental objections to the technology. The latest CSP launch, Ivanpah solar electric generating system is an engineering marvel that delivers on the full promise of solar energy. Ivanpah has 347,000 garage door-sized mirrors distributed across 173,500 heliostats. The heliostats track with the sun so that the mirrors can efficiently reflect its rays up to boilers that sit on top of the facility’s three towers. The system uses solar field integration software and a solar receiver steam generator.

Concentrating Solar Power (CSP) solar energy is the most promising and sustainable renewable energy; rolling out CSP systems offers both performance and competitive energy prices. CSP Solar provides a crucial energy solution that is utility scale and works 24 x 7 in combination with back-up stationary fuel cells.

Concentrating solar power is one of several preferred methods of solar electricity production. In most places it has achieved ‘grid-parity’ when considering ROI over 35 years. The mainstream cost of electricity from the grid can be complemented by solar systems. The solar industry in China is funded by the government. This unrelenting investment in energy efficiency has thrust the Chinese companies into the forefront of the industry.

Other countries rely on tax incentives and special tariffs to sustain further investment in solar electricity generation. This has enabled the industry to develop and provides very attractive investment opportunities, and is expected to do so for some time to come.

There is a move in the solar industry to achieve grid-parity. Once this is secure, the solar market can expand very rapidly achieving penetration growth calculations that exceed any growth rate per se. A step-change in system costs is being achieved, putting the industry on the cusp of a major growth spurt. Concentrating solar technology uses traditional electricity steam generators to make power fueled by solar heat.

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The decrease in the costs of implementing CSP solar energy will continue. The competitiveness of (CSP) concentrated solar power market swill increase. Ultimately the ability to run a utility scale system that provides 24 x 7 electricity, is able to store energy and use it during the night when the sum is down provides competitive advantage to the CSP.

CONCENTRATING SOLAR ENERGY COMPANY PROFILES:
1.    Abengoa Solar
2.    Acciona Solar Power
3.    Andersen Manufacturing
4.    Applied Materials
5.    AORA
6.    Areva/Ausra
7.    Asahi Glass Co Ltd
8.    AZUR SPACE Solar Power
9.    Battelle
10.    BrightSource Energy
11.    Boeing
12.    Cool Earth Solar
13.    Corning
14.    Directed Vapor Technology
15.    du Pont
16.    Emcore
17.    Energy Innovations
18.    WorldWater & Solar Technologies/Entech Solar
19.    eSolar Investors
20.    ET Solar
21.    GE Energy
22.    Green and Gold Energy/SunCube™ International Group (SCIG)
23.    GreenVolts
24.    Hitachi
25.    Infinia
26.    Mubadala/Masdar 5
27.    Pacific Solar Tech
28.    Prism Solar Technologies
29.    Pythagoras Solar
30.    Schott
31.    SEIA
32.    Siemens
33.    Sol3G
34.    Solaflect Energy
35.    Solergy
36.    SolFocus
37.    Solitec / Concentrix Solar
38.    Solar Millennium
39.    Solyndra Shut The Doors To Its California Headquarters
40.    Sol Solutions
41.    Stellaris
42.    Stirling Energy Systems
43.    Sunengy Liquid Solar Array
44.    Sunrgi
45.    SVV Technology Innovations
46.    Trans-Mediterranean Renewable Energy Cooperation (TREC)
47.    United Technologies/SolarReserve
48.    Whitfield Solar
49.    Whole Energy Solar
50.    Zenith Solar

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