DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mlgpn4/solar_thermal_powe) has announced the addition of the "Solar Thermal Power Market to 2020 - Asia-Pacific Continues to See Increased Investments While Effective FITs in the Middle East and Africa Create Lucrative Solar Power Destinations" report to their offering.
Spain and the US Shine the Brightest in the Global Solar Thermal Power Market.
An increase in the cost of fossil fuels and supporting government policies (as well as enviable weather) has seen Spain and the United States dominate the global solar thermal market, explains a new report by renewable energy experts GBI Research.
According to the intelligence firm's latest research*, in 2011 Spain was the primary stakeholder in the global concentrated solar power (CSP) market with a massive 65% of the total installed capacity, with the US coming in second at 33%.
Spain only entered the CSP market in 2007, with the construction of the 11 Megawatt (MW) capacity PS10 solar tower. Since then the country has raced ahead of the pack and in 2011 boasted a total installed CSP capacity of 1,002.2 MW - the largest amount in the world by a significant margin.
The obvious advantage of abundant sunshine combined with impressive government support has seen CSP boom in Spain. In 2005 the country's government enacted an ambitious plan for its renewable sector, the Renewable Energy Plan (PER). This plan outlined particular attention to the solar power industry, and as the Spanish government has declared a commitment to adhere to the European Union 2020 agenda on emissions and renewable energy shares, the Spanish solar thermal sector is expected to have a strong future.
Companies Mentioned
- Abengoa Solar, S.A.
- Acciona
- Acciona Energia, S.A.
- ACME solar
- Anengoa
- Florida Power & Light Company (FPL)
- Grupo ACS
- Luz International Ltd
- New & Renewable Energy Authority (NREA), Egypt
- Novatec Solar GmbH
- RREEF Infrastructure
- SAMCA Renovables
- Solarite GmbH
- Torresol Energy Investments, S.A.
For more information visit http://www.researchandmarkets.com/research/mlgpn4/solar_thermal_powe