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Global Solar Power Industry
Aruvian's R'search, Sep 2009, Pages: 122

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The harnessing of solar energy is not new in fact, development of solar energy dates back more than 100 years, to the middle of the industrial revolution. Solar energy is pollution-free, an important benefit when the cost of removing pollutants from the environment is considered. For example, a typical SWH system will, over its lifetime, displace 10.5 tons of CO2 if replacing a natural gas system, or 71.5 tons if replacing an electric system.

The solar thermal industry is capable of becoming a dynamic, innovative annual business within 20 years, unlocking a new global era of economic, technological and environmental progress. The benefits of solar power are compelling: environmental protection, economic growth, job creation, diversity of fuel supply and rapid deployment, as well as the global potential for technology transfer and innovation. The underlying advantage of solar energy is that the fuel is free, abundant and inexhaustible. The total amount of energy irradiated from the sun to the earth’s surface is enough to provide for annual global energy consumption 10,000 times over.

Solar thermal power uses direct sunlight, so it must be sited in regions with high direct solar radiation. Among the most promising areas of the world are the South-Western United States, Central and South America, North and Southern Africa, the Mediterranean countries of Europe, the Middle East, Iran, and the desert plains of India, Pakistan, the former Soviet Union, China and Australia.

A major benefit of solar thermal power is that it has little adverse environmental impact, with none of the polluting emissions or safety concerns associated with conventional generation technologies. There is hardly any pollution in the form of exhaust fumes or noise during operation.

The solid industrial and political commitment to the expansion of the solar thermal power plant industry shows that the current surge of activity in the solar electricity sector is only a foretaste of the potential, massive transformation and expansion over the coming decades.

Aruvian Research’s focus on the Global Solar Power Industry explores this niche market globally and focuses on the happenings of this industry. Analyzing the global trends, the growth drivers, the strengths and weaknesses of this industry, industry statistics and forecast, technologies involved, leading companies in the sector, region-wise analysis, uses of solar power in the various fields of everyday life such as agriculture, etc., are just some of the in-depth points of discussion included in this report. The report covers the complete developments in the global solar power industry.


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