Thursday, December 1, 2011

Concentrated Solar Power market

NOV 2011:  A report from Pike Research forecasts that the global Concentrated Solar Power market will continue to experience ups and downs between now and 2020, rising dramatically from $2.1 billion in 2012 to $5.1 billion in 2013, and then experiencing a gradual decline to $2.0 billion by 2016 before resuming gradual growth again to $4.9 billion by 2020. Despite this volatility in market value, the cleantech market intelligence firm forecasts that total installed capacity of CSP will increase significantly by the end of the decade, rising from 1.7 gigawatts (GW) in 2012 to 35.0 GW by 2020.