What Is The Role Of Pumps In Solar Power Generation In Near Future?
Increase in global electricity demand, government support, and worldwide adoption of clean energy is projected to drive the market for pumps in solar power generation during the forecast period. However, high initial investment and capital cost for CSP plant that may adversely impact the market for pumps in solar power generation in near future. Moreover, the factors such as substantial investment in R&D and growing number of concentrated solar power projects globally are projected to generate remarkable growth opportunity to the industry players. Currently, there are more than 116 concentrated solar power generation plants are in operation and under construction. Moreover, many of the plants are expected to start construction in near future with the approvals. Download PDF Sample Copy Here The market initiative and new development was observed as the most adopted strategy in global pumps in solar power generation market. For instance, in 2017 Sulzer launched SIL in...