Concentrating Solar Power Market Size to Reach $7.6 billion by 2025
The global concentrating solar power market size is projected to reach USD 7.6 billion by 2025 from an estimated value of USD 3.5 billion in 2020, at a CAGR of 16.4%. The environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies, and the integrability of CSP systems with thermal storage systems...
Concentrating Solar Power Market to Reach $7.6 billion by 2025; Integration of CSP in Hybrid Power Plants to Augment Growth
According to the new market research report “Concentrating Solar Power Market by Technology (Power Towers, Concentrating Systems, Stirling Dish), Operation (Stand-alone, Storage), Capacity (Less than 50MW, 50-99MW, 100MW&Above), End-User (Utilities, EOR & Others) and Region – Global Forecast to 2025″, size is expected to grow from an estimated USD 3.5 billion in 2020...
Concentrating Solar Power Market Expected to Witness the Highest Growth during 2020-2025
The global concentrating solar power market size is projected to reach USD 7.6 billion by 2025 from an estimated value of USD 3.5 billion in 2020, growing at a CAGR of 16.4%. The environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies, and the integrability of CSP systems with thermal storage systems...