Friday, November 6, 2009

Worldwide Growth of Concentrated Solar Power (CSP) Market - Some Interesting Stats

This Renewable Energy Focus article informs us about a report's findings that:-

1. Spain & the USA lead in terms of installed capacity and market share;
2. 88% of new construction projects are in Spain (which shows the effectiveness of introducing feed-in tariffs);
3. Current installed CSP capacity worldwide: 679MW;
4. Current CSP capacity under construction: 2000MW;
5. Out of the different type of CSP designs, "Parabolic Trough technology accounts for 88% of operating plants and 97.5% of the projects under construction";
6. Further growth is expected especially in the Middle East and North Africa;
7. The report indicates that the CSP market can reach 24GW by 2020.

It is interesting to note that "...our [South Africa's]worst solar irradiation is BETTER than the best in Spain." [Thanks, for the info Frank - Renewed Energy].

This alone, shows the potential for the growth of this market in South Africa.

No comments:

Post a Comment



Blog Archive

Disclaimer: This blog is updated as often as possible on a voluntary basis and we cannot guarantee that we will be able to report on all current environmental or other relevant news. Although every effort is made to ensure the accuracy and correctness of the contents of this blog, we are not responsible for any possible errors or omissions.