| Product Code: ETC4520425 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Concentrating solar power (CSP) is a promising technology for generating electricity in India, especially in regions with abundant sunlight. The India concentrating solar power market is expanding as the country seeks to harness solar energy efficiently. CSP systems use mirrors or lenses to concentrate sunlight onto a receiver, which then generates electricity, offering a reliable and sustainable energy solution.
The India Concentrating Solar Power market is being driven by the need for reliable and dispatchable renewable energy. Concentrating solar power systems use mirrors or lenses to concentrate sunlight and generate electricity. As India seeks to expand its renewable energy capacity, concentrating solar power offers a viable solution for continuous power generation, even in the absence of sunlight.
Concentrating solar power (CSP) in India confronts challenges related to land acquisition, water usage, and intermittency. CSP plants require substantial land for their operation, which can be problematic in densely populated areas. Additionally, the water-intensive nature of CSP technologies can strain local water resources, and the intermittent nature of solar power presents integration and storage challenges.
The India Concentrating Solar Power market was affected by the COVID-19 pandemic, with disruptions in project timelines and supply chain challenges. However, the long-term prospects for concentrating solar power remain positive, as the government continues to support solar energy initiatives and aims to increase the share of solar power in the energy mix. The India Concentrating Solar Power market is expected to recover as investment in solar thermal technology and energy storage solutions gains momentum in the post-pandemic period. Concentrating solar power is likely to play a significant role in India transition to a cleaner and more sustainable energy landscape.
The concentrating solar power market in India has seen the emergence of major players like Sterling and Wilson, Tata Power Solar, and Adani Solar. These companies have made substantial investments in concentrating solar power technologies, with a focus on large-scale solar thermal power generation projects across various regions in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Concentrating Solar Power Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Concentrating Solar Power Market Revenues & Volume, 2021 & 2031F |
3.3 India Concentrating Solar Power Market - Industry Life Cycle |
3.4 India Concentrating Solar Power Market - Porter's Five Forces |
3.5 India Concentrating Solar Power Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Concentrating Solar Power Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
3.7 India Concentrating Solar Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 India Concentrating Solar Power Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Concentrating Solar Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and incentives for renewable energy projects |
4.2.2 Increasing focus on reducing carbon emissions and transitioning towards sustainable energy sources |
4.2.3 Growing awareness about the benefits of solar energy and its long-term cost-effectiveness |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up concentrating solar power plants |
4.3.2 Intermittency and variability of solar energy generation |
4.3.3 Lack of adequate grid infrastructure for efficient integration of solar power into the existing energy system |
5 India Concentrating Solar Power Market Trends |
6 India Concentrating Solar Power Market, By Types |
6.1 India Concentrating Solar Power Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Concentrating Solar Power Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 India Concentrating Solar Power Market Revenues & Volume, By Solar Power Towers, 2021-2031F |
6.1.4 India Concentrating Solar Power Market Revenues & Volume, By Linear Concentrating Systems, 2021-2031F |
6.1.5 India Concentrating Solar Power Market Revenues & Volume, By Dish Stirling Technology, 2021-2031F |
6.2 India Concentrating Solar Power Market, By Operation Type |
6.2.1 Overview and Analysis |
6.2.2 India Concentrating Solar Power Market Revenues & Volume, By Stand-alone, 2021-2031F |
6.2.3 India Concentrating Solar Power Market Revenues & Volume, By Storage, 2021-2031F |
6.3 India Concentrating Solar Power Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 India Concentrating Solar Power Market Revenues & Volume, By Less than 50 MW, 2021-2031F |
6.3.3 India Concentrating Solar Power Market Revenues & Volume, By 50 MW to 100 MW, 2021-2031F |
6.3.4 India Concentrating Solar Power Market Revenues & Volume, By 100 MW and Above, 2021-2031F |
6.4 India Concentrating Solar Power Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Concentrating Solar Power Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 India Concentrating Solar Power Market Revenues & Volume, By Enhanced Oil Recovery (EOR), 2021-2031F |
6.4.4 India Concentrating Solar Power Market Revenues & Volume, By Others, 2021-2031F |
7 India Concentrating Solar Power Market Import-Export Trade Statistics |
7.1 India Concentrating Solar Power Market Export to Major Countries |
7.2 India Concentrating Solar Power Market Imports from Major Countries |
8 India Concentrating Solar Power Market Key Performance Indicators |
8.1 Capacity utilization factor of concentrating solar power plants |
8.2 Levelized cost of electricity generated from concentrating solar power |
8.3 Number of new concentrating solar power projects commissioned |
8.4 Efficiency improvements in concentrating solar power technology |
8.5 Adoption rate of energy storage solutions in conjunction with concentrating solar power plants |
9 India Concentrating Solar Power Market - Opportunity Assessment |
9.1 India Concentrating Solar Power Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Concentrating Solar Power Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
9.3 India Concentrating Solar Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 India Concentrating Solar Power Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Concentrating Solar Power Market - Competitive Landscape |
10.1 India Concentrating Solar Power Market Revenue Share, By Companies, 2024 |
10.2 India Concentrating Solar Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |