Global CSP Ownership and Developer Rankings
Concentrated solar power (CSP) markets continue to push forward -- with over 1,000 MW currently under construction and a steadily mounting pipeline surpassing 15,000 MW. Well-financed companies such as Acciona Solar Power, Iberdrola Renovables, Abengoa Solar, and NextEra Energy Resources are pushing CSP forward, while traditional power players are jumping on the experience curve through acquisitions and greenfield. EER's new global CSP market study analyzes the strategies of key CSP players and emerging market entrants.
Wind Energy
Wind energy’s emergence as a mainstream generation technology option has produced a dynamic global competitive environment of well over 20 GW in annual capacity additions. Players across the value chain seek to scale their order books and project portfolios riding on wind’s explosive 25% annual growth to capture a piece of this $40 billion market.
Solar Power
Utility-scale solar is emerging as a competitive renewable energy source. Led by Spain’s 4.4 GW announced pipeline, and major development in the Southwest US, concentrated solar power is attracting attention from IPPs, utilities, and investors. Increased competition in solar PV markets is driving players to reposition along the project value chain.
Clean and Renewable Power Generation
Controlling carbon emissions is now a critical determinant in power generation build-out, along with fuel supplies, fuel price volatility, and security. Investments are shifting from traditional coal combustion and CCGT to renewables, IGCC, carbon capture, and perhaps next gen nuclear.