Solar Thermal Power Production 'Poised to Take Off'

Author: Bevan Griffiths-Sattenspiel

A new report by UBS Wealth Management is predicting that the market for concentrated solar power is is poised to take off, with projected growth of almost 20 gigawatts in new capacity over the next decade. In general, solar thermal power production requires significant amounts of water and most plants currently proposed in the U.S. are sited in the water-scarce Southwest.

Not all of the growth in concentrated solar power production will occur in the U.S. but it is worth noting that water will likely be a constraining factor for many solar thermal projects. For more information, see the NYT's Green Inc post.

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