TechNavio today launched its report, Global Concentrated Solar Power Market 2012-2016, based on an in-depth analysis covering the North America and European regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: ”Large-scale production of concentrated solar power (CSP) equipment is one of the major trends currently observed in the Global CSP market. The number of CSP projects with GW capacity has been on the rise, indicating mass production. The various instances of CSP GW projects include the Euro-Mediterranean Desertec proposal, the 2 GW Ordos project in China, and the 10 GW Helios project in Greece. Further, in 2012, approximately 97,921,069 acres of land in the US was allotted for solar power projects. Such an area should be sufficient to install solar plants with a total capacity of 10,000-20,000 GW. One of the major advantages of large-scale CSP equipment production is the benefits realized in terms of economies of scale, thus resulting in cost reduction.”
According to the report, the increase in the number of legislations in relation to the Renewable Energy sector is one of the major driving factors in the market. These legislations vary according to countries; for instance, the feed-in-tariff (FiT) policy in Germany, and the Large-scale Renewable Energy Target (LRET) policy in Australia. This increase in the number of legislations has resulted in the sector to become better organized.
Further, the report reveals that one of the major challenges confronting the market is the reduction in FiTs in various European countries including Germany, France, Spain, and Italy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-concentrated-solar-power-market-…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Clean Tech market research, please visit https://www.technavio.com/clean-technology
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TechNavio Announces the Publication of its Research Report – Global Concentrated Solar Power Market 2012-2016
