Research and Markets has announced the addition of Wintergreen Research, Inc's new report "Low Iron Glass for Concentrating Solar Power (CSP): Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020" to their offering.
Worldwide markets for Low Iron Glass for Concentrating Solar Power (CSP) are poised to achieve significant growth based on an expectation of rapid adoption of CSP worldwide. As soon as a market has 100 paying reference accounts, it becomes a viable market. CSP solar systems have reached that market inflection point.
Growth potential of the CSP sector is strong, part of the solar growth that is poised to make solar energy represent 90% of the world's energy production within 25 years. Just as smart phones grew rapidly once the price points were affordable and the economies of scale large enough to drive down prices for the markets to achieve significant growth, so also solar markets will take off. CSP has a strong ability to reduce the cost of electricity produced. Compound annual growth rates are expected to be made meaningless by penetration analysis when the markets grow rapidly.
There are no hindrances to CSP growth except technology and the new nanotechnologies that make solar processes possible. The materials are simple, silica, silica, and more silica. With solar energy available to support the CSP low iron glass and the CSP module manufacturing processes, the markets will grow at compound rates.
Costs of electricity from CSP plants at US $ 0.15-0.24/kWh will decline to $.03 and lower by 2017 as the effect of the 35 year life span of the plant is factored into cost analysis. Once the plant is built very little labor is necessary, there are no ongoing fuel costs. This is a compelling economic story.
By 2020, expectations are that CSP capital costs will decline even further by between 30% and 50%. New technology will make plant operations even more efficient by that time.
Low iron glass CSP represents 3% of the world glass production. Markets at $355 million in 2013 are expected to reach $11.3 billion by 2020. Growth is expected to achieve 15% of total low iron glass at glass production in 2020, i.e. the same level as automotive glass.
Key Topics Covered:
1. Low Iron Solar Glass Concentrated Solar Power (CSP) Market Description and Market Dynamics
2. Low Iron Solar Glass Concentrated Solar Power (CSP) Market Shares and Market Forecasts
3. Low Iron Solar Glass Concentrated Solar Power (CSP) Product Description
4. Low Iron Solar Glass Concentrated Solar Power (CSP) Technology
5. Low Iron Solar Glass Concentrated Solar Power (CSP) Company Descriptions
Companies Mentioned:
Market Leaders
ACWA Holding / SUN & LIFE / Flabeg
- eSolar
- Guardian
- Rioglass
- Schott Receivers
Market Participants
- Almeco Solar
- China Glass Holdings
- Dubai Investments PJSC
- Guangdong Golden Glass Technologies
- Guangfeng Solarglass (Hong Kong)
- Gujarat Borosil Ltd. (GBL)
- Hangzhou AMD PV Glass
- Hecker Glastechnik
- Interfloat
- Jinjing Group
- Nippon Sheet Glass NSG Group
- Oerlikon Solar
- Pilkington
- ReflecTech
- Saint Gobain Solar SG
- Sener
- Shandong Glass Group
- Shanghai Flat Glass Co Ltd
- Siemens Concentrated Solar Power, Ltd
- Sisecam Group
- Succeed Glass Co., Ltd / Henan Succeed New Energy
- Sunarc Technology
- SunRun and U.S. Bancorp
- Targray
- Targray Solar
- Tata BP Solar
- Trakya Cam Sanayii A.S
- US Silica
- Zhejiang Flat Glass Co., Ltd
For more information visit http://www.researchandmarkets.com/research/8v8c7b/low_iron_glass