Concentrated Solar Power Market Size, Share, Industry, Forecast and outlook (2024-2031)
Concentrated Solar Power (CSP) plants use mirrors to focus sunlight on a receiver, which collects and transfers solar energy to a heat-transfer fluid. This can be used to provide heat for end-use applications or to generate electricity through conventional steam turbines. Moreover, colossal CSP plants can be implemented with a heat-storage system, allowing for heat supply or electricity generation at night or when the sky is cloudy.