Global Market Expanding for Solar Thermal Power Generation Technologies
A new report provides an in-depth analysis of the global solar thermal market, with market forecasts up through the year 2020. The report analyzes the key trends, major issues and growth opportunities in the global solar thermal market, offering details on the key countries within these emerging technologies. The report has been compiled and published by Bharat Book Bureau, a leading market research information aggregator that highlights various market opportunities for start-up and existing businesses around the world.
According to the report, the market for solar thermal electric power generation is primed to experience impressive growth during the next decade, driven primarily by electric power utilities that are newly receptive to the technologies central to the Concentrated Solar Power market.
The report also provides insights on development of solar thermal products and purchasing demand in various emerging markets, with detailed perspectives on various technological trends and cost break-downs for solar thermal power generation.
Because regulations are critical in this industry, the report contains information on the key policies and laws controlling the major players, along with comprehensive profiling of the most significant industry participants, analysis of important developments and deals, and an overall view of issues and trends within the global solar thermal market.
The report shows how carbon emissions have become a central focus of developed nations, and now drive a strong and growing pressure to move toward the twin goals of increasing their energy security while expanding the sustainability of their power generation systems. The result is a refreshingly large demand for the production of electricity using sustainable power sources such as wind, solar, geothermal and biomass.
In addition, the report details how the current global financial crisis is providing new and exciting opportunities for governments to drive their national economies and local business interests toward greater participation in a more sustainable mix of electrical energy generation. According to the report, financial stimulus packages already announced by the governments of leading industrial nations for development of so-called "green energy" already amount to more than $512 billion. Asian nations, especially South Korea and China, have contributed greatly to this drive toward green energy projects.
This is said to represent a major shift in momentum, as most global solar thermal development and market activity used to be concentrated only in the U.S. and Spain. In the last few years, however, solar thermal power generation has found more support within previously uninterested nations, including Australia and Morocco, which are currently building new solar thermal plants. Because solar thermal generation of electricity is so energy efficient, more and more companies and governments around the globe are looking for opportunities to get involved and capture its benefits.
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