The global concentrating solar power market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the strict government regulations to control the increasing carbon footprint. Concentrating solar power involves the application of mirrors to concentrate sunlight, which can be later converted into heat and produce steam to drive turbine. Growing environmental concerns and rising electricity consumption has led to an increased need for finding alternative energy sources.
Some of the leading players in the global concentrating solar power market are Solarreserve LLC, Abengoa Solar S.A., Brightsource Energy, Inc, TSK Flagsol Engineering GmbH, Frenell GmbH, Alsolen, Nexans, Siemens AG, Solastor, Nexans, ACWA Power, etc.
read more..