Parabolic trough

Parabolic trough concentrated solar power (CSP) market to Grow by USD 786.47 million from 2022 to 2027 | The rise in investments in renewable energy is notably driving the growth of the market - Technavio

Retrieved on: 
Thursday, August 31, 2023

One of the key factors driving the parabolic trough CSP market growth is the rise in investments in renewable energy.

Key Points: 
  • One of the key factors driving the parabolic trough CSP market growth is the rise in investments in renewable energy.
  • Hence, these factors are expected to drive the growth of the Concentrated Parabolic Solar (CSP) market during the forecast period.
  • Thus, these factors are likely to drive the growth of the parabolic concentrated solar (CSP) market during the forecast period.
  • Leading Trends - A key factor shaping the parabolic trough CSP market growth is the growing application of parabolic trough CSP in seawater desalination.

Concentrating Solar Power Market is expected to generate a revenue of USD 12.9 Billion by 2028, Globally, at 9.96% CAGR: Verified Market Research®

Retrieved on: 
Friday, January 20, 2023

JERSEY CITY, N.J., Jan. 20, 2023 /PRNewswire/ -- Verified Market Research® recently published a report, "Concentrating Solar Power Market" By Technology (Parabolic Trough, Power Tower, Linear Fresnel, Dish), By Application (Utility, EOR, Desalination), and By Geography.

Key Points: 
  • As per the deep research carried out by Verified Market Research®, the global Concentrating Solar Power Market size was valued at USD 6.08 Billion in 2020 and is projected to reach USD 12.9 Billion by 2028, registering a CAGR of 9.96% from 2021 to 2028.
  • The "Global Concentrating Solar Power Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Concentrating Solar Power Market" study report will provide valuable insight with an emphasis on the global market.
  • Based on the research, Verified Market Research® has segmented the global Concentrating Solar Power Market into Technology, Application, and Geography.

Concentrating Solar Power Market is expected to generate a revenue of USD 12.9 Billion by 2028, Globally, at 9.96% CAGR: Verified Market Research®

Retrieved on: 
Friday, January 20, 2023

JERSEY CITY, N.J., Jan. 20, 2023 /PRNewswire/ -- Verified Market Research® recently published a report, "Concentrating Solar Power Market" By Technology (Parabolic Trough, Power Tower, Linear Fresnel, Dish), By Application (Utility, EOR, Desalination), and By Geography.

Key Points: 
  • As per the deep research carried out by Verified Market Research®, the global Concentrating Solar Power Market size was valued at USD 6.08 Billion in 2020 and is projected to reach USD 12.9 Billion by 2028, registering a CAGR of 9.96% from 2021 to 2028.
  • The "Global Concentrating Solar Power Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Concentrating Solar Power Market" study report will provide valuable insight with an emphasis on the global market.
  • Based on the research, Verified Market Research® has segmented the global Concentrating Solar Power Market into Technology, Application, and Geography.

Molten Salt Thermal Energy Storage Market is likely to showcase a robust growth by 2027|CAGR: ~6%| UnivDatos Market Insights

Retrieved on: 
Monday, July 11, 2022

The Molten Salt Thermal Energy Storage market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.

Key Points: 
  • The Molten Salt Thermal Energy Storage market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.
  • This innovative report makes use of several analyses to get a closer outlook on the Molten Salt Thermal Energy Storage market.
  • The Molten Salt Thermal Energy Storage market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the Molten Salt Thermal Energy Storage market at the global and regional levels.

Molten Salt Thermal Energy Storage Market is likely to showcase a robust growth by 2027|CAGR: ~6%| UnivDatos Market Insights

Retrieved on: 
Monday, July 11, 2022

The Molten Salt Thermal Energy Storage market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.

Key Points: 
  • The Molten Salt Thermal Energy Storage market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.
  • This innovative report makes use of several analyses to get a closer outlook on the Molten Salt Thermal Energy Storage market.
  • The Molten Salt Thermal Energy Storage market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the Molten Salt Thermal Energy Storage market at the global and regional levels.

Shanghai Electric Makes Significant Progress on the CSP Tower and Parabolic Trough Plant in Mohammed bin Rashid Al Maktoum Solar Park

Retrieved on: 
Friday, June 11, 2021

The test was followed by finalized molten salt pipeline installation inside the Concentrated Solar Power (CSP) tower, marking another key milestone in construction progress.

Key Points: 
  • The test was followed by finalized molten salt pipeline installation inside the Concentrated Solar Power (CSP) tower, marking another key milestone in construction progress.
  • The fourth phase of Mohammed bin Rashid Al MaktoumSolar Park is the largest single-site Concentrated Solar Power (CSP) project in the world, which uses world-leading hybrid solar energy technologies to generate 950MW of clean energy, including a 100 MW CSP tower plant, three 200 MW parabolic trough CSP plants and 250 MW of photovoltaic (PV) capacity.
  • The solar tower, standing 260m-high at the center of the CSP tower plant site, will also be the world's tallest structure of its kind.
  • Upon completion, the combined thermal energy storage of the solar tower and parabolic trough plants will allow for 24/7 energy availability, with each parabolic trough CSP plant possessing an energy storage capacity of 13.5 hours and the tower boasting up to 15 hours.

Shanghai Electric Makes Significant Progress on the CSP Tower and Parabolic Trough Plant in Mohammed bin Rashid Al Maktoum Solar Park

Retrieved on: 
Friday, June 11, 2021

The test was followed by finalized molten salt pipeline installation inside the Concentrated Solar Power (CSP) tower, marking another key milestone in construction progress.

Key Points: 
  • The test was followed by finalized molten salt pipeline installation inside the Concentrated Solar Power (CSP) tower, marking another key milestone in construction progress.
  • The fourth phase of Mohammed bin Rashid Al MaktoumSolar Park is the largest single-site Concentrated Solar Power (CSP) project in the world, which uses world-leading hybrid solar energy technologies to generate 950MW of clean energy, including a 100 MW CSP tower plant, three 200 MW parabolic trough CSP plants and 250 MW of photovoltaic (PV) capacity.
  • The solar tower, standing 260m-high at the center of the CSP tower plant site, will also be the world's tallest structure of its kind.
  • Upon completion, the combined thermal energy storage of the solar tower and parabolic trough plants will allow for 24/7 energy availability, with each parabolic trough CSP plant possessing an energy storage capacity of 13.5 hours and the tower boasting up to 15 hours.

Concentrating Solar Power Market To Reach USD 7208 Million By 2027 at a CAGR Of 5.8% - Valuates Reports

Retrieved on: 
Tuesday, April 27, 2021

Please leave a note in the Comment Section to know about our subscription plans.\n- The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market is projected to reach USD 29810 million by 2027, from USD 8003.5 million in 2020, at a CAGR of 24.5% during 2022-2027.

Key Points: 
  • Please leave a note in the Comment Section to know about our subscription plans.\n- The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market is projected to reach USD 29810 million by 2027, from USD 8003.5 million in 2020, at a CAGR of 24.5% during 2022-2027.
  • The growth of the solar energy market is driven by increase in environmental pollution and provision of government incentives & tax rebates to install solar panels.
  • In addition, decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors.
  • Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.\n- The global Solar PV market size is projected to reach USD 53270 Million by 2026, from USD 46630 Million in 2019, at a CAGR of 1.9% during 2021-2026.

Concentrating Solar Power Market To Reach USD 7208 Million By 2027 at a CAGR Of 5.8% - Valuates Reports

Retrieved on: 
Tuesday, April 27, 2021

Please leave a note in the Comment Section to know about our subscription plans.\n- The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market is projected to reach USD 29810 million by 2027, from USD 8003.5 million in 2020, at a CAGR of 24.5% during 2022-2027.

Key Points: 
  • Please leave a note in the Comment Section to know about our subscription plans.\n- The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market is projected to reach USD 29810 million by 2027, from USD 8003.5 million in 2020, at a CAGR of 24.5% during 2022-2027.
  • The growth of the solar energy market is driven by increase in environmental pollution and provision of government incentives & tax rebates to install solar panels.
  • In addition, decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors.
  • Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.\n- The global Solar PV market size is projected to reach USD 53270 Million by 2026, from USD 46630 Million in 2019, at a CAGR of 1.9% during 2021-2026.

GCC Solar Power Markets, Forecast & Opportunities Report 2021-2026: Photovoltaic Systems, Concentrated Systems, Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 11, 2021

The "GCC Solar Power Market By Technology (Photovoltaic Systems, Concentrated Systems, Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling), By Raw Material, By Installation, By Application, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "GCC Solar Power Market By Technology (Photovoltaic Systems, Concentrated Systems, Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling), By Raw Material, By Installation, By Application, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • The GCC Solar Power Market is expected to grow at an impressive rate during the forecast period.
  • The GCC Solar Power Market is driven by the growing environmental concerns due to increasing greenhouse gases emissions and global warming.
  • Based on technology, the market can be fragmented into photovoltaic systems, concentrated systems, parabolic trough, solar power tower, fresnel reflectors and dish stirling.