Companies profiled of Concentrated Solar Power Market Research Report are BrightSource Energy, Abengoa Solar, Siemens, Acciona, Solar Reserve, Torresol Energy , Trivelli Energia, Abors Green GmbH, Parvolen CSP Technologies, Sener, Rioglass
Pune, India, Dec. 14, 2021 (GLOBE NEWSWIRE) — The global Concentrated Solar Power Market size is projected to reach USD 119.52 billion by 2028, exhibiting a CAGR of 16.2% during the forecast period. The presence of several large scale companies in this sector will have a huge impact on the growth of the market in the forthcoming years. The rising awareness regarding the use of natural energy sources over traditional power sources will favour the market growth. According to a report published by Fortune Business Insights, titled “Concentrated Solar Power Market, 2021-2028,” the market was worth USD 37.25 billion in 2020.
High Adoption of Solar Energy to Bolster Business
Concentrated solar power allows the concentration of solar energy with the help of mirrors that are placed in a particular manner. The ability of this concept to maximize the use of solar energy and avoid wastage, as well as improved efficacy, will fuel the demand for the product across the world. The rising awareness regarding the adverse effects of excessive carbon emission has created a subsequent demand for maximizing the use of solar energy. The increasing environmental pollution and the efforts taken to curb the emission of harmful gases will lead to the wider adoption of concentrated solar power in several countries across the world.
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The Report Lists the Key Companies in the Market:
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BrightSource Energy (U.S.)
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Abengoa Solar (Spain)
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Siemens (Germany)
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Acciona (Spain)
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Solar Reserve (U.S.)
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Torresol Energy (Spain)
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Trivelli Energia (Italy)
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Abors Green GmbH (Germany)
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Parvolen CSP Technologies (Greece)
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Sener (Spain)
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Rioglass (Belgium)
Highlights of the Report?
The report offers a 360-degree overview of the market and emphasizes significant factors promoting, repelling, challenging, and creating opportunities for the market in the forecast duration. The report also lists the names of key players operating in the market and the strategies adopted by them to earn the lion’s share in the market. It also offers interesting insights into the market, current market trends, and major industry developments of the market. The report also discusses the table of segmentation in detail and lists the names of the leading segment with its attributed factors. It is available …….
Source: https://finance.yahoo.com/news/concentrated-solar-power-market-rise-060500109.html