Low iron glass for concentrating solar power (CSP)
accounts for about 3% of the total global glass production. The global low iron
glass for CSP market was valued at USD 357 million in 2013. It is expected to
reach USD 12 billion by 2020. By 2020, about 16% of the total glass produced in
the world will be low iron glass, a share comparable to automotive glass.
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This stupendous growth will be a result of
accelerated adoption of CSP all over the world. Any CSP market becomes feasible
when it has 100 paying reference accounts. CSP industry has strong growth
potential. As solar energy becomes increasingly affordable, the world will
undergo a transformation. It will then be possible to desalinate water, drive
electric cars, and control home temperature to suit our taste all year round.
Solar energy is expected to contribute more than 89%
to the world energy production in the next 25 years. Its growth trajectory may
be likened to that of the smart phone industry which became lucrative once
prices dropped and generated economies of scale. CSP will lower electricity
costs to a large extent. Silica is the main material required to manufacture
low iron glass for CSP. Low iron glass’ advantages include clarity and more
efficient capture of solar power.
CSP plants, once built, require negligible amount of
labor. Moreover, there are no subsequent fuel costs involved. Electricity costs from CSP plants in 2013
stood at USD 0.15 to 0.24 per kWh. They could drop down to USD 0.03 per kWh and
even lower by the end of 2017. The year 2020 should witness an even higher drop
(in the range of 30%-50%) in CSP capital costs. This may be attributed to
higher efficiencies brought in by the new technologies.
The CSP industry is no longer in the trial phase. It
now falls in the early adopter stage. The Ivanpah solar electric generating
system has opened up avenues for steam generated electricity from the sun.
Ivanpah CSP is bound to lend strength to the US economy and solar supply chain,
gradually bringing in complete energy independence. Key players in the global
low iron glass for concentrating solar power (CSP) market are Guardian
Industries, Rioglass Solar S.A., eSolar, and Schott AG.
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Companies
Profiled
Market
Leaders
·
Rioglass
·
Schott - Receivers
·
eSolar
·
Guardian
·
ACWA Holding / SUN & LIFE / Flabeg
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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