Revenue of Concentrated Solar Power Market Estimated at US$ 69.7 Bn by 2031, TMR Study

Contributing sentiments towards policy:

80% : The growing popularity of solar energy, complemented by technological advancement for producing solar energy is fuelling the growth of concentrated solar power market.
79% : Solar energy being one of the efficient and cost-effective alternatives than other conventional energy sources, is attracting the development of concentrated solar power.
75% : High output of conversion of solar energy into electric energy for commercial applications, attracts investments, and thus broadens future market outlook for concentrated solar power.
68% : Role of stakeholders to reduce initial capital and operating cost of concentrated solar power, is driving players to explore opportunities to serve the demand for solar energy in the future.
66% : Technological advances in solar-to-electric conversion is favoring the development of solar power, in general.
65% : Focus of leading players on innovative strategies to serve the ever-rising demand for clean energy to expand frontiers.
63% : Keen players are undertaking initiatives to serve the rising demand for clean energy in emerging nations to lower their carbon footprint.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.